Pay What You Want Pricing
Setting a products price as Pay What You Want is a great way to validate your content, help to determine the value of your good and can promote a trust based relationship with your customers.
In some cases, letting the customer to decide how much to pay works out better as their perceived value for you good may be higher than your own!
Setting up a PWYW product is simple, here is how you do it.
When adding a product, the default price will always be fixed. Click in the Pay What You Want text and then choose either $0.00 or set a minimum $ value that your customers must at least pay.
If you set your PWYW price at $0.00, your product can be accessed for $0.00 or purchased for as little as $0.50 and as much as $100,000.
What about fees on a free item?
If a customer chooses to buy your item for $0.00, you will not be charged any fees. If your item is purchased for $0.50 or more, standard Chec and payment gateway fees apply.