kaal:claim:3128900-040

Payment intermediary fees such as Paypal's are viable only for higher volume workers who can eventually avoid them, so they operate as an entry barrier against new micro task workers.

The fees make is only economically viable for higher volume workers who can at some point avoid the Paypal fees but create barriers to entry for new micro task workers.

Wulf A. Kaal, Decentralized Mechanical Turk Through Verified Reputation (2018), 4.2 Transaction Cost Removal, p. 16
https://ssrn.com/abstract=3128900 · source PDF

Wulf A. Kaal, Decentralized Mechanical Turk Through Verified Reputation (2018). SSRN: https://ssrn.com/abstract=3128900

• centralized platforms relying on third party payment intermediaries

failuresupport: arguedfailure: Payment fee entry barrierfamily: adoption-and-usability-barriereconomics

• extended_by kaal:claim:3411897-019 Intermediary fees in centralized fiat payment systems make those systems economically viable only at higher tr...

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