51–60 of 117 posts
Their pricing is actually insane as they charge per API call rather than transaction amount. That sort of pricing made sense for TaxJar because it was their whole deal, but post-acquisition it would've made more sense to treat the tax product as a complement to the core business and just tack on a small 50c fee for successful tax collection.
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Adyen is a good option, however they have a monthly fixed fee ($120) and looks like they might not onboard small merchants with less than $50M ARR
Are you sure about the fixed fee? Their website says it isn't. > We do not have monthly fees, set-up fees, integration fees or closure fees. We do have a minimum invoice depending on industry or business model. Please speak to a member of our sales team for more details.
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Exactly, and it works well. Unfortunately as a customer you don't have the level of protection with these services a CC or a specialised top up "virtual" debit card has. Charge backs etc. It's one of the reasons why these alternative payment methods are a lot less risky to process and therefore cheaper for the merchants. So it makes me wonder why global companies like Google are so "credit card" centric. For example.…
> Unfortunately as a customer you don't have the level of protection with these services a CC or a specialised top up "virtual" debit card has. Generally, you'd have to have your bank account hacked to have a reason to reverse a charge on these types of systems. It happens, but very, very rarely and the banks have a lot of reasons to make sure it doesn't happen. That or you gave money to a scammer and that's your own…
Is it really that merchant-friendly / anti-consumer? I have used chargebacks when merchants fail to deliver as promised, even when most people wouldn’t call them “some scammer”.
For instance recently a package was shipped that didn’t include one of many items. I asked for a refund, they claimed it was in the package. No worries, I’ll just do a chargeback.
https://www.kevin.eu/ looks interesting. Apart from card payments, it supports instant account to account transfers.
I've heard braintree is pretty good these days, and iirc they're actually slightly cheaper than Stripe. https://www.braintreepayments.com/products/braintree-direct
Braintree is a good chunk more expensive than Stripe for OP's needs if they're in the US. Based on the info they shared: • Braintree: 2.59% + $0.49 > Braintree fees: $17,570 cost for 20K txns/month ($15 AOV) • Stripe: 2.9% + $0.30 > Stripe fees: $14,700 cost for 20K txns/month ($15 AOV) So Stripe is around 16% cheaper for their use case on standard pricing alone.
Has anyone used Helcim or Stax? These processors pricing seems to be around $0.15 per transaction. If this is true why don't so many people use it?
We are now with mxmerchant and they are okay? I’ve never seen a credit card merchant go down and not take transactions, but in the 1.5 years we’ve used them, they’ve gone down twice.
But we need to use them because they are the only processor the software uses and we need to now take cards through their system
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Braintree is a good chunk more expensive than Stripe for OP's needs if they're in the US. Based on the info they shared: • Braintree: 2.59% + $0.49 > Braintree fees: $17,570 cost for 20K txns/month ($15 AOV) • Stripe: 2.9% + $0.30 > Stripe fees: $14,700 cost for 20K txns/month ($15 AOV) So Stripe is around 16% cheaper for their use case on standard pricing alone.
Though I suppose that 16% does depend on what the average transaction fee is. If you are higher then $15 it does scale towards Braintree being cheaper.
If you're doing ~$300K/month, it’s likely you would've already spoken to our sales team and we would work out custom pricing for your business.
You lose the developer friendliness, so you'll have to debate if that matters to you. To me it never did.
Or you could take a look at stax https://staxpayments.com/