this post was submitted on 15 May 2024
-4 points (38.9% liked)
Monero
1656 readers
26 users here now
This is the lemmy community of Monero (XMR), a secure, private, untraceable currency that is open-source and freely available to all.
Wallets
Android (Cake Wallet) / (Monero.com)
iOS (Cake Wallet) / (Monero.com)
Instance tags for discoverability:
Monero, XMR, crypto, cryptocurrency
founded 1 year ago
MODERATORS
you are viewing a single comment's thread
view the rest of the comments
view the rest of the comments
Be careful doing crypto refunds, depending on your jurisdiction that could put you into a high regulation money transmitter and KYC framework.
$7 is more than the gold standard mullvad $5 service, so you should have some reason to justify the extra cost.
Since your plan defaults into $0.25 cents per day for underpayment, then I imagine you should just advertise this as a feature. Pay per day, etc.
Hi! Thanks for your response. We will have to look into the crypto refunds/money transmitter framework, thank you for raising that concern.
Mullvad - they're certainly a great service, but still legally need to collect some data. Their plans are 5eur and our monthly is 7usd, and if a yearly plan is purchased it brings it down to 4.16usd, which is then cheaper than Mullvad's 5eur :) Plus, you get to support the underdog :)
We did have a pay per day option, but decided to scrap it. Is that something you as a user would look for?
What data is mullvad forced to collect?
Pay per day may interest some users, especially automated users, but not something I'm currently looking for. Just thought since it's in your terms of service you should call it out as a feature to differentiate you
Nothing. They are forced to give their data upon request, but the data they give is basically useless. They even disabled recurring CC payments so they can't store customer PII payment info
It is in our ToS because we didn't update it yet. We're hoping to have more long-term users than one-offs. But perhaps it's also a good way for potential users to 'dip their toes in the water'..