The artist as file label
There isn’t any query that the standard ‘file company’ model of music gross sales is being obsoleted by a brand new digital obtain model. On this new model, bands can work together straight with their fanbase. Direct band-to-fan gross sales of digital album and tune downloads internet the artist a number of instances the sum of money per sale as did the old ‘recording contract’ model. Certainly, beneath the brand new model, the artist performs the function of file label, receiving all the cash that previously would have been retained by this intermediary 소액결제.
As soon as the choice is made by the artist to market direct to fans through on-line gross sales, the artist should select a way of dealing with the monetary a part of the transaction. For the overwhelming majority of artists, the logical selection on this space is to accomplice with PayPal for the service provider providers.
PayPal is straightforward, trusted, and ubiquitous
PayPal is the main supplier of web transaction processing providers. In operation for over a decade, it’s a widely-trusted, safe model, easing buyer fears about coping with doubtlessly sketchy transactions. It permits shoppers to pay within the kind that they like — be it by means of bank cards, debit transactions, or from their PayPal account balances. With over 150 Million accounts, and transacting in dozens of currencies, it’s a globally-recognized model.
Utilizing PayPal as a payment processor, cash is paid from the account of the shoppers’ option to your PayPal account for every digital music obtain. For every such transaction, PayPal receives a small quantity as their compensation for his or her service. That is deducted from the vendor’s receipts.