Comments on: Startup – How To Build A Web 2.0 Business: The Risks http://www.emadibrahim.com/2009/05/09/startup-how-to-build-a-web-20-business-the-risks/ web development, tech reviews, tips, tricks, blogging Sun, 07 Mar 2010 18:27:34 +0000 http://wordpress.org/?v=2.9.1 hourly 1 By: eibrahim http://www.emadibrahim.com/2009/05/09/startup-how-to-build-a-web-20-business-the-risks/comment-page-1/#comment-950 eibrahim Sat, 16 May 2009 22:21:12 +0000 http://www.emadibrahim.com/?p=617#comment-950 I was only thinking of one way payment, but 2 way payment shouldn't be that<br>hard to implement either. I think one solution would be a token/point<br>system i.e. an internal currency. This way people can use their points to<br>buy/sell on your system and then whenever they want they can cash out their<br>points. That should minimize money transactions and reduce costs.<br><br>I use a "credit" system on <a href="http://www.tweetastica.com" rel="nofollow">www.tweetastica.com</a> but it is only for one way<br>payment.<br><br>Good question :) I was only thinking of one way payment, but 2 way payment shouldn't be that
hard to implement either. I think one solution would be a token/point
system i.e. an internal currency. This way people can use their points to
buy/sell on your system and then whenever they want they can cash out their
points. That should minimize money transactions and reduce costs.

I use a “credit” system on http://www.tweetastica.com but it is only for one way
payment.

Good question :)

]]> By: Andrei Rinea http://www.emadibrahim.com/2009/05/09/startup-how-to-build-a-web-20-business-the-risks/comment-page-1/#comment-949 Andrei Rinea Sat, 16 May 2009 21:49:26 +0000 http://www.emadibrahim.com/?p=617#comment-949 Does payment integration mean just one-way payments? I mean some sites (for example a bettings site) could require two-way payments (users should be able to withdraw money as well as pay to you). Does payment integration mean just one-way payments? I mean some sites (for example a bettings site) could require two-way payments (users should be able to withdraw money as well as pay to you).

]]> By: eibrahim http://www.emadibrahim.com/2009/05/09/startup-how-to-build-a-web-20-business-the-risks/comment-page-1/#comment-811 eibrahim Sat, 16 May 2009 15:21:12 +0000 http://www.emadibrahim.com/?p=617#comment-811 I was only thinking of one way payment, but 2 way payment shouldn't be that<br>hard to implement either. I think one solution would be a token/point<br>system i.e. an internal currency. This way people can use their points to<br>buy/sell on your system and then whenever they want they can cash out their<br>points. That should minimize money transactions and reduce costs.<br><br>I use a "credit" system on <a href="http://www.tweetastica.com" rel="nofollow">www.tweetastica.com</a> but it is only for one way<br>payment.<br><br>Good question :) I was only thinking of one way payment, but 2 way payment shouldn't be that
hard to implement either. I think one solution would be a token/point
system i.e. an internal currency. This way people can use their points to
buy/sell on your system and then whenever they want they can cash out their
points. That should minimize money transactions and reduce costs.

I use a “credit” system on http://www.tweetastica.com but it is only for one way
payment.

Good question :)

]]> By: Andrei Rinea http://www.emadibrahim.com/2009/05/09/startup-how-to-build-a-web-20-business-the-risks/comment-page-1/#comment-810 Andrei Rinea Sat, 16 May 2009 14:49:26 +0000 http://www.emadibrahim.com/?p=617#comment-810 Does payment integration mean just one-way payments? I mean some sites (for example a bettings site) could require two-way payments (users should be able to withdraw money as well as pay to you). Does payment integration mean just one-way payments? I mean some sites (for example a bettings site) could require two-way payments (users should be able to withdraw money as well as pay to you).

]]> By: Jovan Washington http://www.emadibrahim.com/2009/05/09/startup-how-to-build-a-web-20-business-the-risks/comment-page-1/#comment-809 Jovan Washington Wed, 13 May 2009 13:55:55 +0000 http://www.emadibrahim.com/?p=617#comment-809 Great post Emad! Great post Emad!

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