Can an American explain to this Brit why this is a good idea? I know that having a washing machine in your flat or house is less common in the US than over here. But I've never been to a laundromat (or laundrette at we call it) that didn't either give you change or would some way facilitate you actually using their service. I just don't get how that relates to you paying a bunch of money for some money.
All laundromat's I've used have coin machines inside. The problem is I rarely have cash, so I have to visit the ATM before hand. It's not a $5 problem though.
Actually (in my experience) I would say that most American homes do have their own laundry facilities.
And yes, every laundromat I have ever been to does have a quarter machine. Not only that but they usually accept credit cards.
Yeah, I think only tiny and/or fairly low-end apartments don't have a washing machine these days. Could be wrong though. But most people in West Michigan have them.
Honestly, what has the world of startups become? This may actually be worse than 'Yo'.
How can it possibly be worse? It's at least doing a service, focusing on conveinece. Surely some people actually will find it a good idea.
Then again, I think change machines are still a thing at laundromats right?
I'm kind of joking about it being worse than Yo, but equally terrible.
Yo at least has almost zero expenses in infrastructure (it's digital and was built in a day). But then again, apparently some idiots did throw away some money on it, so...
I hope they don't require exact change only
Every laundromat I've every seen has a coin machine. Most US homes have a washer/dryer. The only time not having coins is an issue is apartment buildings that have laundry in the basement (or not in your apartment). Still, not a $5 problem. Agreed we don't need a subscription service for everything.
Go to a bank? I don't need a subscription service for everything
Dumbest idea ever.
And people will flock to it like moths to a flame.
It will take two days for shipping anyway. How about waking up early one day and going to the bank to get change? Why not get $100 worth of quarters in one go? I don't think a bank would say no to the request. Not trying to be rude, but I don't see any advantage, at least as someone who isn't American.
Banks often charge for change (at leas they do in the UK), but not a 50% markup.
Can someone confirm if this is a joke or not?
Sorry to say, but it isn't. They are using Stripe for payments, and according to my experience with them, you need to have a registered business in order to use the payment gateway. Also, Stripe has a $15 fee for chargebacks, I don't think they'd risk that if it were a joke.