<p>The fees are about 1 cent per transaction - a small price to pay for attracting customers who may later use their paid services.</p>

<p>Offering a service for free to expose a product with paid premium features is a popular online monetization model, also known as "Freemium".</p>

CC BY-SA 3.0
2013-10-15T12:04:53.843Z
Sounds reasonable but I can't find any paid services on their site.
Tema Bolshakov
CC BY-SA 3.0
2013-10-15T14:59:28.110Z
@TemaBolshakov: The most well-known one is the mixing service, from their wallet interface there's a feature to send coins "anonymously" for 0.5% fee. I think they're also a gateway for purchasing bitcoins via SMS. I'm sure they'll come up with more revenue sources in the future.
Meni Rosenfeld
CC BY-SA 3.0
2013-10-15T08:23:30.247Z
2013-10-15T08:23:30.247Z
Meni Rosenfeld
<p>Perhaps it's so that they build up a large initial userbase and then they could add a small fee when everybody is using their API (where it wouldn't be worth changing to a new provider).</p>

<p>Or possibly simply that they're good guys? blockchain.info seem to have done quite a lot for the community and their site is basically <em>the</em> place to go for transaction information. Maybe they'll get some good karma, get the word spread and maybe gain some potential customers who want to additional services like their wallet?</p>

CC BY-SA 3.0
2013-10-15T08:20:32.043Z
Well, their wallet is free too... But yes, they have paid services and will probably offer more in the future.
Meni Rosenfeld
CC BY-SA 3.0
2013-10-14T08:19:03.490Z
2013-10-14T08:19:03.490Z
Bittylicious
<p>I'm exploring ways of accepting payments and thinking about blockchain.info 
<a href="https://blockchain.info/api/api_receive" rel="nofollow">Receive Payments API</a>.</p>

<p>I can't realise why this service going to pay network fees instead of me. Where the profit? I see only loss.</p>

<p>Can someone explain why they pay fees?</p>

<transaction-fees><blockchain.info>
Why blockchain.info pays network fees by themselves
Tema Bolshakov
# Why blockchain.info pays network fees by themselves

(Asked by: username_0 on 2013-10-13)

I'm exploring ways of accepting payments and thinking about blockchain.info
[Receive Payments API](https://blockchain.info/api/api_receive).

I can't realise why this service going to pay network fees instead of me. Where the profit? I see only loss.

Can someone explain why they pay fees?

**Tags:** transaction-fees, blockchain.info


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## 2 answers

### Answer by username_1 on 2013-10-15. Score: 1 | Accepted answer

The fees are about 1 cent per transaction - a small price to pay for attracting customers who may later use their paid services.

Offering a service for free to expose a product with paid premium features is a popular online monetization model, also known as "Freemium".

> **Comments:**
> **username_0**: Sounds reasonable but I can't find any paid services on their site.  
> **username_1**: @TemaBolshakov: The most well-known one is the mixing service, from their wallet interface there's a feature to send coins "anonymously" for 0.5% fee. I think they're also a gateway for purchasing bitcoins via SMS. I'm sure they'll come up with more revenue sources in the future.  

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### Answer by username_2 on 2013-10-14. Score: 0

Perhaps it's so that they build up a large initial userbase and then they could add a small fee when everybody is using their API (where it wouldn't be worth changing to a new provider).

Or possibly simply that they're good guys? blockchain.info seem to have done quite a lot for the community and their site is basically *the* place to go for transaction information. Maybe they'll get some good karma, get the word spread and maybe gain some potential customers who want to additional services like their wallet?

> **Comments:**
> **username_1**: Well, their wallet is free too... But yes, they have paid services and will probably offer more in the future.  

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