Twitter Begins Rolling Out Ticketed Spaces on iOS

[PinkyMacGodess]

That's not what I said and you completely failed to address the question. Did the servicer make 10 times as much as you from each transaction? If you bought a widget for $67 dollars from a supplier and then sold it to a customer for $100, you then sent $30 off to a payment processor and only made $3 from the entire transaction?

So, on a transaction where I sold something for $300, did the processor make $3,000 dollars? No... Am I misunderstanding your rant? If I am, apologies...

From what I remember, American Express was the most expensive. It was easily double the others, and their 'card not present' fees were,as I remember, even higher. We were paying a 'not used' fee of around $100. And we were also charged a monthly fee by the cards, but if you processed any of their cards, they usually waved the fee.

I would think that the most we paid was close to 22%, not counting fees. However, we had clients that would only pay via credit card, and one of the largest clients paid on their business American Express, yippee, but we instituted an 'Amex Fee', and they gladly paid it.

Is Apple right to charge for their 'service'? Someone has to, and try that argument at a toll booth. But since Apple has now allowed third party payment systems to be used, the argument is moot, isn't it?

 

[MacBH928]

Twitter became a cesspool of spam, ads, and frankesntein monster of features. If you like micro-blogging there is an awesome 1:1 replacement for Twitter without ads+privacy+free+open source and that is Mastodon . Their app is free on iOS.

Its only problem is that there is hardly anyone on it 😬
So tell you friends to join!

Anyone else find it ridiculous that Twitter is HOSTING the service and only gets a three percent commission, while Apple is just the payment provider and gets a huge whopping 30%?

Shouldn't it be the other way around? No wonder people are up in arms about Apple forcing in-app purchase payments through their system with their ridiculous commissions.

To be fair:-

1-30% is debatable. The price of an item is set by the market. If you do not like it do not sell on the app store. You can get FOSS OS like CalyxOS on a smartphone. Why is Starbucks cup of coffee like $4-5? Why is an LV bag like $3000? I feel like Apple created this hardware and software and they can choose to set the price they want you are not forced to use it.

2-Twitter has other means of making money like data harvesting and ads. Apple hosts the apps and maintains the iOS and make the hardware to make all this possible. They also make a lot of technology/tools- which I do not understand -to make these apps like Swift programing language, Metal, and xCode. They also review all the apps.

 

[vipergts2207]

So, on a transaction where I sold something for $300, did the processor make $3,000 dollars? No... Am I misunderstanding your rant? If I am, apologies...

From what I remember, American Express was the most expensive. It was easily double the others, and their 'card not present' fees were,as I remember, even higher. We were paying a 'not used' fee of around $100. And we were also charged a monthly fee by the cards, but if you processed any of their cards, they usually waved the fee.

I would think that the most we paid was close to 22%, not counting fees. However, we had clients that would only pay via credit card, and one of the largest clients paid on their business American Express, yippee, but we instituted an 'Amex Fee', and they gladly paid it.

Is Apple right to charge for their 'service'? Someone has to, and try that argument at a toll booth. But since Apple has now allowed third party payment systems to be used, the argument is moot, isn't it?

Ok, so you’re going to be intentionally obtuse to the point of being disingenuous. You’re conflating profit with revenue. It should be quite obvious I’m not asking if the payment processor made $3000 off of something a customer paid $300 for. The numbers I laid out made that quite clear.

 

[PinkyMacGodess]

Ok, so you’re going to be intentionally obtuse to the point of being disingenuous. You’re conflating profit with revenue. It should be quite obvious I’m not asking if the payment processor made $3000 off of something a customer paid $300 for. The numbers I laid out made that quite clear.

I'm moving on from this but you were the one that said:

Did the servicer make 10 times as much as you from each transaction?

'Make' means profit, to me, which is doubled by the rest of your statement 'than you made'. When I sold something using a credit card, I MADE the difference between all the fees and what was left (if anything). That INCLUDES profit. Okay, maybe I'm being too literal, but still, if you knew what the profit margin was on the things we all buy, you would be livid. What amazes me is that people seem to be arguing that a corporation, or person, doesn't deserve to profit from their hard work. Apple created the arena they are using to sell their products. Go to a flea market, they take a cut. Sell something on ebay, they take a cut. (I stopped selling stuff on ebay because it seemed like such a money losing opportunity, with the fees and such. (Oh, if you sold more often with us, our fees would be less)

Everyone deserves to be paid for what they make, OR ENABLE. Apple enables people to sell their goods on their sites. And try using an attorney! They used to take a third. Now, some attorneys take that, PLUS fees and reimbursements. Some people that sue end up with the 30%...

But whatever, I give up. Have fun... Apple dropped their requirement anyway.

Have a good life...

 

[Enlightened Doggo]

33-50% in fees! If this is successful, then that just proves that Twitter users are masochists.

 

[vipergts2207]

I'm moving on from this but you were the one that said:



'Make' means profit, to me, which is doubled by the rest of your statement 'than you made'. When I sold something using a credit card, I MADE the difference between all the fees and what was left (if anything). That INCLUDES profit. Okay, maybe I'm being too literal, but still, if you knew what the profit margin was on the things we all buy, you would be livid. What amazes me is that people seem to be arguing that a corporation, or person, doesn't deserve to profit from their hard work. Apple created the arena they are using to sell their products. Go to a flea market, they take a cut. Sell something on ebay, they take a cut. (I stopped selling stuff on ebay because it seemed like such a money losing opportunity, with the fees and such. (Oh, if you sold more often with us, our fees would be less)

Everyone deserves to be paid for what they make, OR ENABLE. Apple enables people to sell their goods on their sites. And try using an attorney! They used to take a third. Now, some attorneys take that, PLUS fees and reimbursements. Some people that sue end up with the 30%...

But whatever, I give up. Have fun... Apple dropped their requirement anyway.

Have a good life...

Nobody said Apple shouldn’t make any money. However them getting a 30% cut while Twitter gets 3% is completely absurd. Especially when Twitter’s contributions and work on Spaces was far, far greater than Apple’s.

 

[PinkyMacGodess]

Nobody said Apple shouldn’t make any money. However them getting a 30% cut while Twitter gets 3% is completely absurd. Especially when Twitter’s contributions and work on Spaces was far, far greater than Apple’s.

Apple is a larger company. More expenses.

 

[vipergts2207]

Apple is a larger company. More expenses.

Expenses for what exactly as it relates to Spaces? No wonder you ran a business when you think 30% for Apple and 3% for Twitter is appropriate. I imagine most businesses getting $3 of a $100 sale before even accounting for other overhead would not be destined to last long.

 

[PinkyMacGodess]

Expenses for what exactly as it relates to Spaces? No wonder you ran a business when you think 30% for Apple and 3% for Twitter is appropriate. I imagine most businesses getting $3 of a $100 sale before even accounting for other overhead would not be destined to last long.

If you think a business can survive on a 3% margin... Oh, nevermind, have a nice life...

 

[vipergts2207]

If you think a business can survive on a 3% margin... Oh, nevermind, have a nice life...

It would seem that you’re the one that thinks that, not I.