Ribbon Lets You Buy On Twitter, Launches YouTube Support, Price-Matches PayPal | Hacker News Reader

Ribbon Lets You Buy On Twitter, Launches YouTube Support, Price-Matches PayPal

techcrunch.com

41 pointskloncks13 comments

One key difference over other payment processing sites is that Ribbon lets vendors be in any country of the world (as long as you have a Paypal account). Most similar services are very restrictive over which country you can be in is vendor.

The huge caveat, however, is that Ribbon's payment form for customer only allows US addresses.

From their site:

Payouts are quick

Get your money out of Ribbon every two weeks via wire transfer, check request, or PayPal.

Every two weeks. That's a great way to create float, but not very useful to the average Joe/Jane. Even though Paypal stinks, I can, at least, get some money out of it in a couple of days, or instantly with their card.

"Withdrawal Details - Payouts are deposited into your account at the end of each month"

Not clear that it's 2 weeks yet , 2 weeks starts being manageable , but having 1 month worth of sales tied up...

Yeah, that's a bit ridiculous. That makes me operate on a de-facto net30 standard. Lots of businesses/people don't have enough cash flow to operate like that.

That's our bad. We'll update this.

Payouts occur every two weeks, not every month. This is one of the changes we've announced today.

Thanks for the clarification / fix.

Is there a size limit for the digital products? and or data cap?

We haven't limited it.

There's a couple of movie makers currently selling 2-4 GB files.

EDIT: HN won't let me reply any more to the thread. Email me directly and we can chat hany@ribbon.co

Edit: Will do.

The YouTube integration looks awesome. I see so many indy artists put up janky iTunes links on YouTube - that needs to be fixed.

Isn't this just the same thing as Gumroad!?

No man! You can accept payments directly in-stream on Facebook and Twitter to leverage your social networks for selling your product or service. And today the pricing model was lowered to just 2.9% + 30 cents per transaction - very affordable for all sellers.

That's not really that affordable, either. Its just copying the same rates as everyone else. Rates that are simply a bit on the high side.

It's the same. They're just differentiating themselves.

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