01-21-2016, 05:38 PM
lol...this is not the appropriate topic and I've already discussed this very topic directly with you, but i'll reiterate.
I cannot accept direct payments as they have to go through the payment gateways, which are all USD. The only way to reduce the CAD cost would be to reduce the USD cost. It might seem simple on your end, but the economics and the backend services just don't work that way. This isn't me selling physical merchandise in canada for USD, it's me selling virtual currency world-wide on USD based services and economy.
I can't accept EU, CAD, Yen, or any other currency outside of the backend setup. Even if one of the backends supported this, for example if Kongregate had CAD pricing for Canadians, it would still result in the same conversion rates as your bank from CAD to USD.
You are assuming if something costs $10 USD in a service that $10 CAD should be fine, but the obvious flaw here is that others would then purchase the CAD with USD or other higher tier currency conversions in order to inflate the cost. The problem isn't IOU's USD pricing, the problem is the Canadian dollar, and it's likely going to collapse at this rate:
http://longforecast.com/fx/canadian-doll...-2017.html
(Things are not looking good there)
What you seem to be misunderstanding is internet economics. All of my costs for servers, services, revenue splits, assets and contracting have been in USD as well. It has nothing to do with the USD being of higher value, that just happens to be a lucky point right now that could easily change in the next couple years (if that prediction chart is wrong). If the USD was under par like it was not long ago (when my games were still charging USD at a loss), i'd be losing greatly as it's not like I can just start charging the world CAD for the upper hand, because that's not how it works as i've mentioned.
As for playstation I think you might be confused. The prices may show in local currency but the conversion remains at a loss for us. Seems like you're being tricked by the smoke and mirrors. Steam does this, Amazon does this (actually they are by far the worst. Check a .com price verse a .ca price)
If you want to continue this conversation, feel free to catch in me chatzy sometime as i'm finding more availability to have discussions lately.
Ray
I cannot accept direct payments as they have to go through the payment gateways, which are all USD. The only way to reduce the CAD cost would be to reduce the USD cost. It might seem simple on your end, but the economics and the backend services just don't work that way. This isn't me selling physical merchandise in canada for USD, it's me selling virtual currency world-wide on USD based services and economy.
I can't accept EU, CAD, Yen, or any other currency outside of the backend setup. Even if one of the backends supported this, for example if Kongregate had CAD pricing for Canadians, it would still result in the same conversion rates as your bank from CAD to USD.
You are assuming if something costs $10 USD in a service that $10 CAD should be fine, but the obvious flaw here is that others would then purchase the CAD with USD or other higher tier currency conversions in order to inflate the cost. The problem isn't IOU's USD pricing, the problem is the Canadian dollar, and it's likely going to collapse at this rate:
http://longforecast.com/fx/canadian-doll...-2017.html
(Things are not looking good there)
What you seem to be misunderstanding is internet economics. All of my costs for servers, services, revenue splits, assets and contracting have been in USD as well. It has nothing to do with the USD being of higher value, that just happens to be a lucky point right now that could easily change in the next couple years (if that prediction chart is wrong). If the USD was under par like it was not long ago (when my games were still charging USD at a loss), i'd be losing greatly as it's not like I can just start charging the world CAD for the upper hand, because that's not how it works as i've mentioned.
As for playstation I think you might be confused. The prices may show in local currency but the conversion remains at a loss for us. Seems like you're being tricked by the smoke and mirrors. Steam does this, Amazon does this (actually they are by far the worst. Check a .com price verse a .ca price)
If you want to continue this conversation, feel free to catch in me chatzy sometime as i'm finding more availability to have discussions lately.
Ray