DISQUS

Emad Ibrahim: Startup - How To Build A Web 2.0 Business: The Risks

  • Jovan Washington · 7 months ago
    Great post Emad!
  • Andrei Rinea · 7 months ago
    Does payment integration mean just one-way payments? I mean some sites (for example a bettings site) could require two-way payments (users should be able to withdraw money as well as pay to you).
  • eibrahim · 7 months ago
    I was only thinking of one way payment, but 2 way payment shouldn't be that
    hard to implement either. I think one solution would be a token/point
    system i.e. an internal currency. This way people can use their points to
    buy/sell on your system and then whenever they want they can cash out their
    points. That should minimize money transactions and reduce costs.

    I use a "credit" system on www.tweetastica.com but it is only for one way
    payment.

    Good question :)