Author

Topic: Bitcion rebilling? (Read 976 times)

legendary
Activity: 4410
Merit: 4766
January 31, 2013, 08:34:21 PM
#6
rebilling is this:
FREE PORN*
*for 2 minutes, after that you will be billed an extortionate amount, u been warned (unless u gone blind already)

they earn money on the hopes people don't read the small print, so asking for money upfront would make people not want to visit his site.

the only way he can do it is by changing his rebilling service provider to one that accepts bitcoin aswell as credit cards and bank transfers to settle the 'debt'.
member
Activity: 72
Merit: 10
January 31, 2013, 07:29:50 PM
#5
Why would he turn down any income in exchange for the fact he may only get paid once? If the person only buys because he accepts bitcoin and may be a dust coin collector and miss a month he still got the 1 payment he wouldn't have gotten. It is so easy to accept and integrate into a site as well.

 
hero member
Activity: 812
Merit: 1000
January 31, 2013, 07:24:50 PM
#4
walletbit supports basic bitcoin subscriptions
legendary
Activity: 2506
Merit: 1010
January 31, 2013, 06:55:29 PM
#3
people who will not be able to signed up for re billing.  Is there any way around this concern currently?

Subscription payments are used with pull-based payment methods (e.g., ACH, credit card, etc.)   At the protocol level Bitcoin is a push-based payment technology.

There are no payment processors yet today that support subscription billing.  Eventually some provider will provide this.  It will probably involve the subscriber having to keep funds in a wallet with the payment processor in which the processor draws from at the subscription renewal time.
hero member
Activity: 952
Merit: 1009
January 31, 2013, 06:20:05 PM
#2
Sell individual shoots?

Rebilling is the one thing that keeps most people from signing up in the first place.
legendary
Activity: 1008
Merit: 1000
January 31, 2013, 06:17:29 PM
#1
I am trying to convince a friend of mine to accept BTC at his porn site.  His biggest concern was that their advertising costs are too high to try and target people who will not be able to signed up for re billing.  Is there any way around this concern currently?
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