https://mikhail.kyraha.com/enCopyright © 2023 <a href="https://mikhail.kyraha.com/">Mikhail Kyraha</a> Sun, 19 Nov 2023 04:54:27 GMTNikola (getnikola.com)http://blogs.law.harvard.edu/tech/rsshttps://mikhail.kyraha.com/posts/2012/paypal-payment-vs-micropayment.htmlMikhail Kyraha<div><p>If you sell stuff online and receive payments using Paypal you probably already know that you have two options for the payment fee with Paypal. One is the standard 2.9% commission + ¢30 transaction fee. The other is so called Micropayment Discount or 5% + ¢5 per transaction. The latter, as Paypal says, is better if your typical sales are less than $10. But how much better and what is typical? - are the questions that neither Paypal nor anybody else can answer for you. Here is a simple graph showing the total percentage you'd pay to Paypal from your merchant profit depending on the transaction amount. The graph is to help you understand your odds.</p> <p><img alt="Fees graph over transaction size" src="https://mikhail.kyraha.com/images/Paypal-fee-estimate.png"></p> <p>Below is my humble "analysis".</p> <p><a href="https://mikhail.kyraha.com/posts/2012/paypal-payment-vs-micropayment.html">Read more…</a> (1 min remaining to read)</p></div>mathmoneywebhttps://mikhail.kyraha.com/posts/2012/paypal-payment-vs-micropayment.htmlWed, 22 Feb 2012 19:56:00 GMThttps://mikhail.kyraha.com/posts/2011/blink-and-nfc-swipeless-credit-card.htmlMikhail Kyraha<div><p>Hearing all this buzz about cell phone manufacturers starting to offer credit card services using the near field communication (NFC) interface in their devices, I noticed that my Chase credit card has the BLINK℠ thing in it. It's not that I didn't know about it before, I remember (vaguely) how I received some years ago a renewed card with a colorful booklet describing a bunch of benefits the new BLINK℠ technology carry. Although the booklet was designed in a mood how it is impossible to stay alive anymore swiping credit cards old school, I was not very convinced that time. OK, I tried the new card once at a fast food register's BLINK℠ marked reader to make sure it works. Well, it worked. And that's about it. The question is, is it really "Fast, Easy and Secure" as it is advertised?</p> <p><a href="https://mikhail.kyraha.com/posts/2011/blink-and-nfc-swipeless-credit-card.html">Read more…</a> (3 min remaining to read)</p></div>moneysecuritytechnologyhttps://mikhail.kyraha.com/posts/2011/blink-and-nfc-swipeless-credit-card.htmlMon, 05 Dec 2011 03:02:00 GMT