The DaCast online video service includes a full payment system with account signup. With every DaCast registration, a merchant account, global services and the ability to handle transactions from a variety of sources are offered out of the box.
After signing up for a free DaCast account, all of the monetizing video options are included. There is no need to worry about signing a contract or lengthy provisioning steps to create and confirm a merchant account. Right after creating a DaCast account, a broadcaster can begin to earn revenue with their content through ads, subscriptions and pay per view monetization.
The platform’s unique payment system, called Pay-in-Play, can be used over all DaCast accounts. This system handles transactions from viewers and automatically credits the broadcaster’s account, showing earned revenue and letting them deduct the money either for payment or to use to purchase additional bandwidth.
The merchant and transaction services offered with a DaCast account are for a global market. To maximize revenue and profit, the system offers an across boarders approach to reach the broadest audience possible. A variety of transaction methods are also built in. DaCast makes it simple to reach your whole audience and not lose potential viewers based on their region.
Although the platform provides a global monetizing solution, broadcasters can still minimize their audience size through using the secure platform features. So if licensee rights were purchased only for a specific region, their content can be set up to only allow viewers from this area.
Through the Pay-in-Play system, viewers can instantly log a payment for pay per view and subscription monetization through using a credit card.
When a viewer purchases content with a card, the Pay-in-Play system lets them enter in details and confirm the purchase without having to navigate away from the media player. Payment information is also protected from a secure hosting set up with SSL encryption.
All major credit cards are accepted, including Visa and Mastercard.
DaCast offers a complete package for processing viewer payments, which covers not only support for credit cards but also transactions done over PayPal.
Viewer content purchased over PayPal works slightly differently from credit cards. Although the transaction process is started from within the player using Pay-in-Play, the viewer will be momentarily redirected to PayPal’s website to validate and complete the transaction securely. After confirming, the viewer will be returned to the player to enjoy the content they just purchased.
Processing credit cards and PayPal payments include fees and transaction charges. DaCast charges a 9.9% commission rate plus $0.40 for pay per view and subscription purchases which includes all fees factored in. These costs are automatically deducted, so there is no need to worry about having to make multiple payments to all of the companies involved.
The 9.9% commission is also negotiable for larger rates.