Comments on: Online Payment Systems: The Missed Opportunity

By: Francis

Francis — Mon, 20 Apr 2009 07:05:47 +0000

Good analysis. However the payments landscape is changing and a lot of new players are emerging that not only make it substantially easier to open a merchant account but are also enabling micro-transactions and social network transactions. Noca (www.noca.com) is one such company – offering a radical price of 0.25% per transaction with no fixed fees. Others like Moneta and Mazooma.com are also in the play. And yet others like ebillme.com but I’m not sure of them scaling to social networks.

By: Albert Drouart

Albert Drouart — Wed, 25 Mar 2009 04:18:46 +0000

Hi Shayan, Great post — global payments are indeed complex, and in the race to monetize via advertising the solutions are underdeveloped.

I think when going global it’s important to consider that a lot of consumers see being redirected to their bank or paypal (!) as more secure than working directly on the merchant site. Additionally, the increasing focus on PCI and the associated costs makes hosted payment pages ideal — merchants worry about their core business and the payment providers focus on enabling the most number of payment methods for the greatest global reach based on the “risk” that your business model can tolerate.

By: Online Payment | Smart eCredit Blog

Online Payment | Smart eCredit Blog — Sat, 07 Mar 2009 07:05:13 +0000

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By: Mark Rose

Mark Rose — Wed, 04 Mar 2009 01:08:12 +0000

Great article Shayan. Many people think payments are easy, and as you highlight – to do it well – is quite hard. Cheers, Mark

By: aprewett79

aprewett79 — Tue, 03 Mar 2009 06:42:49 +0000

I don’t think you would want to use credit cards either if you are reaching for a large audience since many people don’t have credit cards (more have cellphones)

I am bullish on the mobile payments as carriers start to lower their fee structures.

By: international credit card

international credit card — Wed, 14 Jan 2009 22:22:14 +0000

yeah and if you run a business that requires credit cards, make sure all of your clients can handle such transactions online and be sure to check the cards to make sure they work. (lots of scammers on the net trying to use invalid CC’s)
-jack

By: andrei mcdennis

andrei mcdennis — Tue, 13 Jan 2009 01:47:26 +0000

The fundamental foundation to revenue generation is the method in which payment for goods or services is accepted. Everything from front-end presentation to receiving the best rates will drastically affect the bottom line (profit). If you own a business currently or considering starting one, you will really want to speak to one of our Certified Merchant Advisors for FREE. They will explain how to generate the largest margin of profit for your company in today’s Economy