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I don't get why I should pay for this service. I could just download and install pandoc for free on my system. Am I missing something?

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I used this for a recipe on IFTTT. It is just PDF though, but free. Seems to be similar in that regard.

http://pdfmyurl.com

It's targeted at people using a cloud provider like Heroku or Appfog, who want to use pandoc but can't install 2-3gb of software along with their app.

Alright, that makes sense. Great idea and reasonable pricing, I wish you the best of luck with your project.

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