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Old 04-02-2008, 06:53 PM   #16
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I'm in a similar position... I "paid off" my new book club membership last night for an all up cost of about $200. Ow! I had to resist the temptation to just buy entire series or authors though. But I think I'm going to increase my budget on this, and try to get more of my collection electronically.

It does amuse me that I only buy cracked "secure" formats because I don't want to be saddled with DRM. But it is nice to be able to buy newer works (and some older ones). I think I'm going to try to automate the process a bit more so I can do less clicking and more reading.
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Old 04-02-2008, 07:46 PM   #17
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I'm in a similar position... I "paid off" my new book club membership last night for an all up cost of about $200. Ow!
wow $200... how many books did you get in total? And how much time do you need to read them? Do you have any other hobbies?
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Old 04-02-2008, 08:29 PM   #18
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31 books later & my book budget's shot for a bit.

Do they have the store-wide type sales often?
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Old 04-02-2008, 09:33 PM   #19
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wow $200... how many books did you get in total? And how much time do you need to read them? Do you have any other hobbies?
I got three or four magazine issues, a couple of collections and about 15 books IIRC. Plus a few freebies and short stories.

One of my problems is that I read quite fast. I'm still only getting about 30k words/hour out of the Sony, I think it's a combination of small screen and slow page turns[1]. But that does mean that a 90kw novel only takes about three hours. I've given up trying to train myself to forget books, now I just leave them for a year or two before I re-read them. The problem with that is that library books wear out and vanish but books that I buy stack up (two to four novels a week, 52 weeks a year, two year's worth of reading... more than 200kg of books).

One irritation I'm finding with books that I scan and OCR is that I remember much of what I've proof-read so that the final book is half-familiar. But poorly proofread books annoy me a lot (so even many bought works are hard to read... hmm, maybe that also helps account for my slower reading on the liseuse).

I have lots of other hobbies, but I like to read for an hour or so before I go to sleep each night. www.moz.geek.nz/mozbike for example.

[1] (edit) I'm using a 9pt font in LibPRS I think, so I get about 27 lines per page. This is why I'm so intent on getting a double page reader or one with a bigger screen. I might have to drop another point in text size.

Last edited by moz; 04-02-2008 at 09:39 PM.
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Old 04-02-2008, 10:25 PM   #20
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I just purchased the last 4 books in the Star Trek Alings & Arrows mini-series. I now have about $25-$26 in my Micropay account.
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Old 04-03-2008, 12:23 AM   #21
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Ok, but when I buy something, am I paying for the book, or am I paying for some type of "micropay" dollars/units, then using that to buy the book? Do you have to "buy" micropay units up front, then buy books with the micropay credit? How does it work? Still not sure.

BOb
Checked the thread, and I don't think anyone else has actually answered this.

Micropay is a system to get around credit card transaction fees. If you browse Fictionwise, you will see that many "books" are actually individual short stories, and their price is correspondingly low. Micropay allows you to pay a large amount into your account, and incur a visa fee once. Then when inspiration strikes, you can spend small amounts without worrying about "minimum charges" on the credit card.

However, once you have such an account set up, Fictionwise will do things that can credit this account, because they don't have to process an actual transaction. They frequently have a single special (sometimes individually chosen for you if you're a club member) whereby you buy a new book with a credit transaction (and it's typically a novel priced on the higher end of mmpb prices), then the amount of that credit transaction is ALSO added to your micropay account.

In the past, I've avoided these offers, because they invariably are for the secure formats. Others regularly use them and break the drm, and I suppose I will eventually join the crowd. Until then I just buy multi-format (unencrypted) versions.
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Old 04-03-2008, 12:51 AM   #22
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Micropay is a system to get around credit card transaction fees.
Specifically, the credit card fee charged to the retailer (Fictionwise in this case) is decided by a formula like "30 cents plus 3% of the total value", which for a small transaction gets ugly for both sides - you buy a 50 cent story and get charged 80 cents (or Fictionwise charge you 50 cents and only get to keep 20 cents). Either way it's not good.

This, incidentally, is why people like me carry AmEx cards. AmEx have the highest transaction fees of any readily available card so they're an excellent way to punish retailers who have an effective monopoly. Since I don't actually have that problem ery often I don't bother, but when I was regularly forced to buy overpriced food and fuel from local monopolists, I used one for exactly this reason.

Australia is moving towards making it mandatory to disclose credit card fees and making it legal to pass those on to customers. The major cards are deeply angry about this because their contracts forbid both actions. The reasons are hopefully obvious.
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Old 04-03-2008, 01:46 AM   #23
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Yes. Most books on Promo at Fictionwise, especially those with 100% Micropay rebates had to be paid with credit card. That's because once money is left in the Micropay account, it's like deferred sales. So if you buy using Micropay, Fictionwise don't get new money. If you have plenty of Micropay credits, you sometimes feel compelled to spend them, just like if you have lots of loose change in your pocket.
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Old 04-03-2008, 02:47 AM   #24
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Quote:
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One of my problems is that I read quite fast. I'm still only getting about 30k words/hour out of the Sony, I think it's a combination of small screen and slow page turns[1]. But that does mean that a 90kw novel only takes about three hours. I've given up trying to train myself to forget books, now I just leave them for a year or two before I re-read them. The problem with that is that library books wear out and vanish but books that I buy stack up (two to four novels a week, 52 weeks a year, two year's worth of reading... more than 200kg of books).
Have you heard of their library program LibWise? I think it could save you a lot of money to just borrow books from their library (discussion in this thread).

But on the other hand you have your Micropay credit now
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Old 04-03-2008, 08:14 AM   #25
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This, incidentally, is why people like me carry AmEx cards. AmEx have the highest transaction fees of any readily available card so they're an excellent way to punish retailers who have an effective monopoly. Since I don't actually have that problem ery often I don't bother, but when I was regularly forced to buy overpriced food and fuel from local monopolists, I used one for exactly this reason.
That's also why:

a) It's comparatively rare to find shops in Europe who accept AmEx. MasterCard and Visa are pretty much universal; AmEx is only widely accepted by hotels and the fancier restaurants. I'm a credit-card merchant myself and I don't accept AmEx - it's too expensive.

b) Most European retailers have a minimum transaction limit below which they won't accept credit cards - generally around the £5 / €10 mark.
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Old 04-03-2008, 08:23 AM   #26
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b) Most European retailers have a minimum transaction limit below which they won't accept credit cards - generally around the £5 / €10 mark.
At least for VISA I do not think this is allowed. In Sweden they sometimes insists on a fee of maybe €1 if you buy for less than €10 but that I think is not allowed by VISA either.
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Old 04-03-2008, 08:38 AM   #27
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At least for VISA I do not think this is allowed. In Sweden they sometimes insists on a fee of maybe €1 if you buy for less than €10 but that I think is not allowed by VISA either.
I think the rules must vary from country to country. It's certainly allowed (and very common) in the UK.
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Old 04-03-2008, 09:57 AM   #28
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I think the rules must vary from country to country. It's certainly allowed (and very common) in the UK.
It seems I was wrong about Sweden:

http://eur-lex.europa.eu/LexUriServ/...1D0782:EN:HTML

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(11) The no-discrimination rule in the Visa rules prohibits merchants from adding charges to cardholders who pay with their Visa card(13). In addition, the no-discrimination rule prohibits merchants from giving consumers discounts for paying with other means of payment, such as for example cash. The rule does not apply in countries where it has been abolished by national competition authorities, that is, in the United Kingdom (for credit cards), Sweden and the Netherlands(14).
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Old 04-03-2008, 10:02 AM   #29
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50% Micropay rebates on all ebooks at Fictionwise for credit card purchases, extended until 10AM EDT April 04, 2008, as per Fictiowise website.
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Old 04-03-2008, 01:47 PM   #30
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Apparently, Amazon Kindle (low book prices) is making an impact on the sales of other online bookstore, that Fictionwise resorted to this 50% Micropay rebate program.

Booksonboard has taken notice too. It's now offering 30% all ebooks (straight discount, not rebate) and rewards dollars too. No sure when it would end (presumably when Fictionwise ends their promo?) - the website just says as long as the sign is up.

Too late for Booksonboard as I already bought a boatload from Fictionwise. I have enough books to last me through the year, and if I finish them before then, I still have all those Micropay credits to spend through.

UPDATE: Fictionwise promo seem to have ended prematurely, as the rebates have reverted back to their previous rates.

Last edited by gadgetguru; 04-03-2008 at 02:24 PM. Reason: Fictionwise promo is over
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