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Why does Lightcast EasyPay take 20% of our gross sales from subscriptions?

The 80:20 split covers absolutely everything - all the costs you will be facing with any payment processing service, plus costs which are usually billed separately by several different service providers. The costs covered by the 80:20 split:

  • Payment Gateway (transaction fees, percentage fees, monthly minimum fee)
  • Fees of Credit Card Companies (percentage fees, credit card contracts with Visa, MasterCard, American Express and other cards)
  • Payment Processing (percentage fee and or monthly minimum fee)
  • Administrative Overhead Costs (charge back fees, fraud handling, payment failure inquiries)
  • Licensing Fees for the Central Subscriber Handling Software
  • Subscriber Management Account
  • Basic Subscriber Support (assisting your Subscribers with registration, change of payment preferences, choice of streaming player)
  • $25,000+ in up-front savings over having your own multi-platform subscriber system developed