Business Clarification
Karmm operates as an astrology-related app that facilitates consultations between users and astrologers. Here's a summary of the key points:
1. Service Offered: Karmm connects users with astrologers for consultations, presumably related to astrology and other related practices.
2. Revenue Model: Karmm generates revenue through user subscriptions. Users are required to have a subscription to access the platform, and this subscription fee covers the operational costs and generates revenue for the platform.
3. Commission-Free Model: Karmm stands out by not charging any commission from the astrologers. This means that the entire payment made by users for consultations goes directly to the astrologers without any deductions for platform fees.
4. Payment Gateway Usage: The purpose of using a payment gateway is to facilitate secure and convenient financial transactions between users and astrologers. The payment gateway handles the process of accepting payments for the astrological consultations. This allows for a seamless and trustworthy payment process for users.
5. Benefit to Users and Astrologers: The platform's setup benefits both users and astrologers. Users get a cost-effective platform for consultations, and astrologers receive the full payment without any reductions, enhancing their earnings.
It's a model that aims to provide a fair and transparent platform for astrological consultations, with the primary source of revenue being user subscriptions rather than taking a percentage from the astrologers' earnings.