Does Amazon make money on its micropayments?

Kali Yuga · 05-20-2009, 08:11 PM

Not sure if anyone will have the answer, but does Amazon lose or gain on the smaller transactions? E.g. if I buy a $1 book, or it costs $0.20 to convert a document, won't the credit card transaction fees turn that into a loss?

demoric · 05-20-2009, 10:54 PM

I believe they still wait for $5 mark for conversion fees, but I honestly don't know about the other. I'd think they'd loose money too on $1 books. But then again it's amazon, and maybe the just roll all the charges together with some special deal with credit card companies.

----------
UPDATE
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I guess I was wrong they do charge PER conversion now.
https://www.mobileread.com/forums/showthread.php?t=47284

bwaldron · 05-24-2009, 08:38 PM

Quote:

Originally Posted by demoric

I believe they still wait for $5 mark for conversion fees

Nope, I have a 15 cent credit card charge from the document I mailed to my Kindle the other day.

Alisa · 05-26-2009, 02:17 PM

Just to clarify, they do not charge for conversion. Conversion is free. Delivery via Whispernet isn't. If you want a document converted, you can email it to username@free.kindle.com. You can then download it and move it to your Kindle with a USB cable. I figure that's what you likely meant but I didn't want people to get the wrong impression.

05-20-2009, 08:11 PM	#1
Kali Yuga Professional Contrarian Posts: 2,045 Karma: 3289631 Join Date: Mar 2009 Device: Kindle 4 No Touchie	Does Amazon make money on its micropayments? Not sure if anyone will have the answer, but does Amazon lose or gain on the smaller transactions? E.g. if I buy a $1 book, or it costs $0.20 to convert a document, won't the credit card transaction fees turn that into a loss?

05-20-2009, 10:54 PM	#2
demoric Kindle 2 User Posts: 98 Karma: 496 Join Date: Mar 2009 Location: S.E. Kansas Device: Kindle 2	I believe they still wait for $5 mark for conversion fees, but I honestly don't know about the other. I'd think they'd loose money too on $1 books. But then again it's amazon, and maybe the just roll all the charges together with some special deal with credit card companies. ---------- UPDATE ---------- I guess I was wrong they do charge PER conversion now. https://www.mobileread.com/forums/showthread.php?t=47284 Last edited by demoric; 05-20-2009 at 11:01 PM.

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05-26-2009, 02:17 PM	#4
Alisa Gadget Geek Posts: 2,324 Karma: 22221 Join Date: Aug 2007 Device: Paperwhite, Kindle 3 (retired), Skindle 1.2 (retired)	Just to clarify, they do not charge for conversion. Conversion is free. Delivery via Whispernet isn't. If you want a document converted, you can email it to username@free.kindle.com. You can then download it and move it to your Kindle with a USB cable. I figure that's what you likely meant but I didn't want people to get the wrong impression.

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