29 karma · joined December 9, 2022
But most of the time, if an app has a website you can purchase a subscription from there but cheaper.
This kind of price difference is pretty standard but when more consumers catch on to the fact you can pay less by via a different channel, I think more of them will do that. Cuts like 30% will eventually come back to bite Apple in the coming years as consumers become more savvy for a better deal.
But we basically never had issues with chargebacks. Even when we used PayPal and Stripe for two years, we only had two chargebacks and we disputed one of them and won through PayPal as we proved it was fraudulent.
But in all seriousness, psilocybin was banned in 2005 in the UK. We have only sold products which were to be used to help cultivate psilocybin mushrooms to one single customer - an organisation with a special license to do so provided by the Home Office in the UK.
We wouldn’t go back to card payments if we could. We save a fortune by paying 0% processing fees, have more control and are protected by a regulated UK bank instead of companies like Stripe or PayPal. We are very lucky!
It’s a high risk industry, no doubt there have been plenty of scammers out there but the fact we sell magic mushroom spores for the microscope is enough to be alienated by every card processor and their insurers.
It’s fine though, we make it work - it hasn’t stopped our growth and we’ve amassed enough trust from customers to pay via the other methods!
*Edid: Shopify, not PayPal said that about spores into the arm, not Stripe!
We didn’t think there would be any market here because there weren’t any UK shops doing it. Then a couple of years later it took off and growing mushrooms became cool.
In this time we learned how to run a webshop and navigate an industry where every payment processor dropped us - to the point where we only accept cash, bank transfer and crypto.
Our Woocommerce shop was built on pure passion for mushrooms and a crazy late night idea. The kinds you usually just leave as an idea. Now it has consumed our lives and we have multiple employees.
Our business continues to grow with recent months bringing in around £60K/month in revenue.
I had never known what it was like going to a supermarket and not having to add the cost of everything in my head. But with the money, I learned the most valuable lesson - it could all go tomorrow and I would be totally fine with it.