Ask HN: How to process credit card payments

#1

Post by innocentpixel » Tue, Jul 23, 2013, 7:21 AM UTC

Hello HN. First question here so if possible take it easy on me :)

Main question is how can one start to process payments from many to many. Does one work directly with visa api or through a bank? And what are the security conditions that one would need to abide by(nuclear resistant datacenter etc).

Thank you in advance.

Re: Ask HN: How to process credit card payments

#2

Post by anderspetersson » Tue, Jul 23, 2013, 7:39 AM UTC

If you're building a marketplace thing, take a look at Balanced [1]

Otherwise, take a look at Stripe [2]

If you're not in the U.S, it get's more complicated.

[1] https://www.balancedpayments.com/ [2] https://stripe.com

Re: Ask HN: How to process credit card payments

#3

Post by innocentpixel » Tue, Jul 23, 2013, 7:58 AM UTC

anderspetersson wrote: post #2

If you're building a marketplace thing, take a look at Balanced [1] Otherwise, take a look at Stripe [2] If you're not in the U.S, it get's more complicated. [1] https://www.balancedpayments.com/ [2] https://stripe.com

I would need it to work all over Europe so I'm waiting for the more complicated atuff :)

Re: Ask HN: How to process credit card payments

#4

Post by donal_cahalane » Tue, Jul 23, 2013, 8:12 AM UTC

innocentpixel wrote: post #3

anderspetersson wrote: post #2

If you're building a marketplace thing, take a look at Balanced [1] Otherwise, take a look at Stripe [2] If you're not in the U.S, it get's more complicated. [1] https://www.balancedpayments.com/ [2] https://stripe.com

I would need it to work all over Europe so I'm waiting for the more complicated atuff :)

Check out www.paymill.com (Stripe except based here in Europe)

Re: Ask HN: How to process credit card payments

#5

Post by donal_cahalane » Tue, Jul 23, 2013, 8:13 AM UTC

innocentpixel wrote: post #3

anderspetersson wrote: post #2

If you're building a marketplace thing, take a look at Balanced [1] Otherwise, take a look at Stripe [2] If you're not in the U.S, it get's more complicated. [1] https://www.balancedpayments.com/ [2] https://stripe.com

I would need it to work all over Europe so I'm waiting for the more complicated atuff :)

Or Stripe are now in Beta in some European countries so well worth going to their website and seeing if yours is one.

Re: Ask HN: How to process credit card payments

#6

Post by innocentpixel » Tue, Jul 23, 2013, 10:16 AM UTC

donal_cahalane wrote: post #4

innocentpixel wrote: post #3

Earlier quoted context omitted.

I would need it to work all over Europe so I'm waiting for the more complicated atuff :)

Check out www.paymill.com (Stripe except based here in Europe)

I think the fees from all the mentioned providers are way too much. Usually the bank pos fees are 1,8-1,9%. So the only solution that I see is actually processing payments myself. That's why I'm looking for more information on how that's done.

Re: Ask HN: How to process credit card payments

#7

Post by tpsc » Tue, Jul 23, 2013, 10:56 AM UTC

innocentpixel wrote: post #3

anderspetersson wrote: post #2

If you're building a marketplace thing, take a look at Balanced [1] Otherwise, take a look at Stripe [2] If you're not in the U.S, it get's more complicated. [1] https://www.balancedpayments.com/ [2] https://stripe.com

I would need it to work all over Europe so I'm waiting for the more complicated atuff :)

How about Fastspring/Saasy?

Re: Ask HN: How to process credit card payments

#8

Post by fastspring » Wed, Jul 24, 2013, 9:41 PM UTC

Take a look at FastSpring. Global coverage for developer clients, their end users, payment methods/currencies located all around the world, and an embedded store SDK used to power such app stores as Adobe's new Exchange. Pricing includes international payment costs, int'l tax management, pci compliance, chargeback fees, file hosting, unlimited support, and all the merchandising functionality. Developers save months to years of work because it's an all-in-one service, the features are already there for the developer selling one time or recurring based payment products and services globally.