Spotify demonetizes all tracks under 1k streams

Re:Spotify demonetizes all tracks under 1k streams by jdeibele on Monday April 08, 2024 @12:11PM (#39971153)

Honest question: have you ever run a business? You're talking about setting up millions of accounts to pay them $.02 or $.20 or even $2.00. ACH payments cost an average of $.29/each https://gocardless.com/en-us/guides/ach/ach-fees-how-much-do...

You're dealing with a bunch of people who will try to rip you off, so you need to have anti-fraud protections. Then you need to be able to override the anti-fraud protections because Alex, Alex and Bob, Alex, Bob, and Curt, etc. are all legit performers who want the payments to go to one common bank account even though you'd like one act == one bank account. Etc.

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Re:Spotify demonetizes all tracks under 1k streams by Monory on Monday April 08, 2024 @03:31PM (#39972899)

SEPA seems to have no problem moving sub-euro amounts. I am not an entrepreneur, but I did send single euro amounts to my friends. Is it more difficult in USA?

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Re:Spotify demonetizes all tracks under 1k streams by iggldiggl on Tuesday April 09, 2024 @04:52AM (#39977475)

My impression from Germany is that while private accounts often have no transaction fees (and are either completely free, or charge a flat monthly fee), with business accounts it's not that unusual to have transaction fees of up to ten or even twenty cent per transaction.

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