Originally Posted by
creditsam
Thx for that.
Assuming I understand ur post correctly....
I'm not targeting users who would rather spend $10 for goods or services that they actually need, on every single one of their cards, on a regular basis.
If that works for u, it's def a better option.
Credicated is for ppl who don't want that headache, and would rather it be automated for them so they can keep their sock drawer cards active with a set & forget service.
The cost would be minimal bec of the low price plans.
Again, maybe I'm misunderstanding you...?
you are not misunderstanding me, but $10 means one does have a lot of options instead of just paying you. notquiteaff gave you one. paying a creator is different from simply paying you for the convenience; the creator is creating something of value to me, and the money is appreciation of that. not because i want to prevent my card from being closed
personally, i have quite a few subscriptions that are lower than $10, such as nyt, wsj, apple icloud+, and some newsletter. popular services like streaming and music are also only slightly more than $10, and likely costs less overall than your services. for these subscriptions, your service can cost more without bringing much to the table
i also dont feel any inconvenience to use my sock-drawered card on purchases. they are in my apple wallet all the time, so i will just use them whenever the opportunity arises, which is when i have a very small transaction, e.g. when i get a drink, a loaf of bread, ice cream, a gum, parking, etc. so i do think im better off than paying you $0.6 or $1
im not saying your idea cant work, but i feel the pricing is a potential problem. fortunately, it seems this is a very low cost venture, so it is worth a shot. i am concerned about what banks think about such transactions though