BOKU’s conversion is very high (from 50 - 80%) and reaches customers (unbanked, underbanked, card-averse audiences) who might not usually choose to pay for your goods/services. BOKU’s “take” is the same as all other payment aggregators or alternate forms of payment online: between 5-10%. Additional carrier fees are charged on top of this amount and apply to all mobile payment providers, including BOKU.
We believe that when you sell high-margin goods, such as virtual goods, it’s best to focus primarily on increasing your overall revenue vs. reducing cost. To increase revenue, BOKU can help in two ways:
- Sell more goods: Because of our global reach and our simple, no-registration, 3-step purchase, our conversion rates are high. Check out our
Revenue Opportunity to see how to improve your business with BOKU.
- Charge higher prices: We’re the most flexible on pricing and billing models. On pricing, BOKU has more price points and higher price points than our competition. On billing, we allow you to pass on the carrier fees to consumers if you need to make some short-term gains in margin.