FileShoppe - With instant payouts! Not your typical file host

[FShoppe]

Do you mean, how do uploaders pay the FileShoppe fee of $0.01 per 100MB?

We use CarrotPay's 'split-pay' system in order to split the payment into multiple parts, and those parts get sent to the corresponding merchant accounts.

For example, our fee is just US$0.01 per 100MB.

If you upload a 100MB file and you set your own price of $0.10, then the split is $0.09 : $0.01. $0.09 is sent DIRECTLY to the uploader's merchant account and $0.01 is sent to us. We verify the payment, and then deliver the content accordingly.

If you set a price of $0.00, meaning the file is freely available (and can therefore be used for typical file shareing), we share 20% of the revenue with the uploader.

So in the above scenario, an uploader may upload a 1GB file and make it 'free'. If a user downloads it using the premium service, it will cost US$0.10. The uploader will recieve $0.02, and again it is sent directly to the uploader's merchant account.

It is important to note that as CarrotPay supports micropayments up to 1/1000 $1 (meaning 0.1 cent), we are able to split even 1cent payments.

The smallest fee we charge is 1cent.

So here are some examble fees.
0 - 100MB = $0.01 (1cent)
175MB = $0.018 (1.8 cents)
350MB = $0.035 (3.5 cents)
1GB = $0.10 (10 cents)

Notice that we can charge downloaders in fractions of a cent for transactions greater than 1 cent. When splitting payments with the uploader, it is rounded UP to the nearest 1/10 of a cent.

[jungle]

no...
how do downloaders pay for the fees set by the uploader??

[FShoppe]

At the moment, the only way is by CarrotPay, however CarrotPay will allow users to pay via Paypal and Credit Card soon. Until this feature has been released, users can top-up their CarrotPay account with Paypal.

[jungle]

Is it possible to send money from carrotpay to indian bank???

[foxman]

Do you mean, how do uploaders pay the FileShoppe fee of $0.01 per 100MB?

We use CarrotPay's 'split-pay' system in order to split the payment into multiple parts, and those parts get sent to the corresponding merchant accounts.

For example, our fee is just US$0.01 per 100MB.

If you upload a 100MB file and you set your own price of $0.10, then the split is $0.09 : $0.01. $0.09 is sent DIRECTLY to the uploader's merchant account and $0.01 is sent to us. We verify the payment, and then deliver the content accordingly.

If you set a price of $0.00, meaning the file is freely available (and can therefore be used for typical file shareing), we share 20% of the revenue with the uploader.

So in the above scenario, an uploader may upload a 1GB file and make it 'free'. If a user downloads it using the premium service, it will cost US$0.10. The uploader will recieve $0.02, and again it is sent directly to the uploader's merchant account.

It is important to note that as CarrotPay supports micropayments up to 1/1000 $1 (meaning 0.1 cent), we are able to split even 1cent payments.

The smallest fee we charge is 1cent.

So here are some examble fees.
0 - 100MB = $0.01 (1cent)
175MB = $0.018 (1.8 cents)
350MB = $0.035 (3.5 cents)
1GB = $0.10 (10 cents)

Notice that we can charge downloaders in fractions of a cent for transactions greater than 1 cent. When splitting payments with the uploader, it is rounded UP to the nearest 1/10 of a cent.

That means I can charge $100 for 1 GB file, you get .10 cent, I get $99.90 Thats superb mate.

[likeop]

webmoney please , and add payment for premium by paypal

[foxman]

we share 20% of the revenue with the uploader.

You should increase this.

[Stooky]

So downloaders have to have premiums if uploaders are to earn anything?

[darkwizard]

CarrotPay WTF?

[FShoppe]

Is it possible to send money from carrotpay to indian bank???

As far as I am aware you can transfer to any bank account in the world providing you can receive international Telegraphic/Wire transfers.

I do believe there is a fee of around US$30 or so. However, it is only HK$10 for HK banks and I believe UK/EU banks will soon be supported for at a much lower rate than $30 (maybe 5Euros or less). And the same goes for US transfers.

That means I can charge $100 for 1 GB file, you get .10 cent, I get $99.90 Thats superb mate

Yes this is possible. Our current model would mean you would receive 99.9% of the fee.

webmoney please , and add payment for premium by paypal

It is not possible to offer instant payout when using PayPal/Webmoney directly. Paypal can be used on CarrotPay to make payment, and you can withdraw to Paypal from CarrotPay.

We are not interested in handling fund accounts for our users as this created another layer of security and brings up issues of trust. Using our current model, there are no trust issues. You receive the funds instantly and can be sure we do not, and CAN NOT cheat you of your hard earned cash. Just remember to enter your Merchant ID correctly!

You should increase this. [re. 20%]

If we increase this, we may have to charge more on the base price of US$0.01 /100MB. In any case, what do you imagine being a 'fairer' share?

So downloaders have to have premiums if uploaders are to earn anything?

We do not have user accounts so there is no 'having premium'. We encourage downloaders to go for premium downloads of free files as they would only be paying $0.01 per 100MB and they would have access to our fast servers, use download accelerators, resume failed/paused downloads and have unlimited downloads per hour. Our free service is currently limited to 1.5Mbit and 1 download per 15 minutes.

CarrotPay WTF?

It is currently the only payment gateway that allows us to make INSTANT payouts to our content providers, as well as charge for extremely low value goods. After all, users can buy just $0.01 of goods if they want to.