Comments on: Opening Up Ecommerce: Go&Pay and 3V for the Win http://www.sabrinadent.com/2008/10/13/opening-up-ecommerce-gopay-and-3v-for-the-win/ Web Design * Development * Marketing Ireland Sun, 04 Dec 2011 17:52:12 +0000 hourly 1 http://wordpress.org/?v=3.3.1 By: Katherine http://www.sabrinadent.com/2008/10/13/opening-up-ecommerce-gopay-and-3v-for-the-win/#comment-1145 Katherine Tue, 21 Oct 2008 21:21:37 +0000 http://sabrinadent.com/2008/10/13/opening-up-ecommerce-gopay-and-3v-for-the-win/#comment-1145 I'm late to this - somehow missed it before. I use 3v because I have buried my credit card - I'm just not safe with it! While I take your point on the commission Sam, using the card means I now quite often go to a shop I previously never went into, and invariably buy other things in it while I am there. I shop there quite often now even when I'm but buying 3v credit, because it's on my radar and familiar. So they may not make much from my 3v purchases, but they've gained a fairly regular customer. That's not nothing. I’m late to this – somehow missed it before. I use 3v because I have buried my credit card – I’m just not safe with it!

While I take your point on the commission Sam, using the card means I now quite often go to a shop I previously never went into, and invariably buy other things in it while I am there.

I shop there quite often now even when I’m but buying 3v credit, because it’s on my radar and familiar. So they may not make much from my 3v purchases, but they’ve gained a fairly regular customer. That’s not nothing.

]]> By: Sam Kidd http://www.sabrinadent.com/2008/10/13/opening-up-ecommerce-gopay-and-3v-for-the-win/#comment-1144 Sam Kidd Fri, 17 Oct 2008 13:44:06 +0000 http://sabrinadent.com/2008/10/13/opening-up-ecommerce-gopay-and-3v-for-the-win/#comment-1144 RANT part 2 The example I was ment to use was if someone tops with 350, which happens alot as people use it alot for booking flights. By the time I get to lodging this cash it has cost the shop 0.01c. Sounds like a great deal for a shop. NOT! RANT part 2
The example I was ment to use was if someone tops with 350, which happens alot as people use it alot for booking flights. By the time I get to lodging this cash it has cost the shop 0.01c.
Sounds like a great deal for a shop. NOT!

]]> By: Sam Kidd http://www.sabrinadent.com/2008/10/13/opening-up-ecommerce-gopay-and-3v-for-the-win/#comment-1143 Sam Kidd Thu, 16 Oct 2008 21:48:34 +0000 http://sabrinadent.com/2008/10/13/opening-up-ecommerce-gopay-and-3v-for-the-win/#comment-1143 3v is not a bad idea it's just not quite right yet. We used to do it in AREA51 and it created some savage problems in there. We were one of only a handful of shops in Cork prepared to do it and I pulled it about 4 months ago. We did a massive ammount of it, over 6 figures. I had a bit of a scrap with the 3V guys about the problems we face in the shop not to mention the fact that we are carrying so much cash that is not ours, which carries alot of headaches. My main problem was that we made €1.24 on every topup. Now some people might think this sounds good, €1.24 for doing nothing apart from pressing a button. But here's the catch, money costs. For me a business to lodge cash into my bank it costs 1 euro for every 300 in notes and 1 euro for every 100 in coin. So now someone comes into AREA51 and says Sam can I have 320 on my card please as I'm booking a flight, I'm like sure thing, that will be 325 please. Now a bit more small talk while I wait for it to print out, "Shite weather ,yea blaa blaa" Once it's printed I hand over the slip and now off he goes happy out, and I head to the bank to lodge the money and collect my commission. There you go mr bank manager there is 325 in NOTES "thanks Sam, oh by the way I just charged you €1.00 for that so here is your 24 cent left over, enjoy." So as you can imagine if you get a mix of coin as well it's a waste of time and effort and just adds stress and worry to a business for feck all return. Nice idea but way off the mark, and don't even get me started on the customer support and the whole problem with not being able to top up amounts and loads of other problems. 3V should win biggest pain the the hole award! 3v is not a bad idea it’s just not quite right yet.
We used to do it in AREA51 and it created some savage problems in there. We were one of only a handful of shops in Cork prepared to do it and I pulled it about 4 months ago.
We did a massive ammount of it, over 6 figures.

I had a bit of a scrap with the 3V guys about the problems we face in the shop not to mention the fact that we are carrying so much cash that is not ours, which carries alot of headaches. My main problem was that we made €1.24 on every topup. Now some people might think this sounds good, €1.24 for doing nothing apart from pressing a button.
But here’s the catch, money costs. For me a business to lodge cash into my bank it costs 1 euro for every 300 in notes and 1 euro for every 100 in coin.
So now someone comes into AREA51 and says Sam can I have 320 on my card please as I’m booking a flight, I’m like sure thing, that will be 325 please. Now a bit more small talk while I wait for it to print out, “Shite weather ,yea blaa blaa” Once it’s printed I hand over the slip and now off he goes happy out, and I head to the bank to lodge the money and collect my commission. There you go mr bank manager there is 325 in NOTES “thanks Sam, oh by the way I just charged you €1.00 for that so here is your 24 cent left over, enjoy.”
So as you can imagine if you get a mix of coin as well it’s a waste of time and effort and just adds stress and worry to a business for feck all return.
Nice idea but way off the mark, and don’t even get me started on the customer support and the whole problem with not being able to top up amounts and loads of other problems. 3V should win biggest pain the the hole award!

]]> By: curiousmike http://www.sabrinadent.com/2008/10/13/opening-up-ecommerce-gopay-and-3v-for-the-win/#comment-1142 curiousmike Mon, 13 Oct 2008 15:15:51 +0000 http://sabrinadent.com/2008/10/13/opening-up-ecommerce-gopay-and-3v-for-the-win/#comment-1142 Love the go&pay idea - one for Curious maybe? Love the go&pay idea – one for Curious maybe?

]]> By: Sabrina Dent http://www.sabrinadent.com/2008/10/13/opening-up-ecommerce-gopay-and-3v-for-the-win/#comment-1141 Sabrina Dent Mon, 13 Oct 2008 12:39:28 +0000 http://sabrinadent.com/2008/10/13/opening-up-ecommerce-gopay-and-3v-for-the-win/#comment-1141 No, I understand you perfectly. They have actually addressed that issue now. If you add €20, it's FREE. If you add 20 - €100, it's €2.50. If you add over €100, it's the €5 from the old days. I think that's quite reasonable myself. No, I understand you perfectly. They have actually addressed that issue now. If you add €20, it’s FREE. If you add 20 – €100, it’s €2.50. If you add over €100, it’s the €5 from the old days. I think that’s quite reasonable myself.

]]> By: pat phelan http://www.sabrinadent.com/2008/10/13/opening-up-ecommerce-gopay-and-3v-for-the-win/#comment-1140 pat phelan Mon, 13 Oct 2008 08:36:17 +0000 http://sabrinadent.com/2008/10/13/opening-up-ecommerce-gopay-and-3v-for-the-win/#comment-1140 Love the 3V product and used to sell it in my stores, I think there is one major problem though, if you require a €50 top up the store charges you €55 This is pretty ok for large amounts but its 5% if you just want €100 probably not explaining myself well having re-read this this store charges you €5 every time you load this virtual card no matter how much you load it with. Love the 3V product and used to sell it in my stores, I think there is one major problem though, if you require a €50 top up the store charges you €55
This is pretty ok for large amounts but its 5% if you just want €100
probably not explaining myself well having re-read this
this store charges you €5 every time you load this virtual card no matter how much you load it with.

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