money in the bank

11
MONEY IN THE BANK AS QUICK AND CHEAP AS POSSIBLE THOMAS VANDE CASTEELE 11/12/2010

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A primer on the workings of Payment Service Providers

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Page 1: Money in the Bank

MONEY IN THE BANKAS QUICK AND CHEAP AS POSSIBLE

THOMAS VANDE CASTEELE11/12/2010

Page 2: Money in the Bank
Page 3: Money in the Bank

WTF

Page 4: Money in the Bank

?

Page 5: Money in the Bank

PSP

Page 6: Money in the Bank

collecting

1. One contract2. No hassle3. They keep your money4. Quick solution5. Often % of transaction

contract

€€€

Page 7: Money in the Bank

processing

1. Several contracts2. More setup3. Money in the bank4. Often flat transaction fee

contract

€€€

Page 8: Money in the Bank

Low %

Avg ticket: € 152% = € 0,3

Avg ticket: € 602% = € 1,2

Page 9: Money in the Bank

Collecting1. No monthly fees2. Transaction fee in % +

often higher acquiring fees

Processing

1. Monthly fee € 40 - € 200+2. Transaction fees € 1 - € 0,2-

Page 10: Money in the Bank

Small websites

contract

€€€

Page 11: Money in the Bank

THE Future

Pay afterwardsCollect purchases1 login