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Stripe Billing

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Re: Stripe Billing

#3
post #2

Current Stripe customer that is now very confused.

It's basically an automated recurring billing service that you can use whether you run a static monthly subscription service ($9/mo per user), or if you are using a metered approach, such as $0.02 cents per SMS, and then do that on a recurring basis.

So if you think about the 3 or so standard business models for SaaS, per user, per usage, or per tier (standard, pro, advanced) - this provides for all of that in an automated fashion.

Re: Stripe Billing

#5
Free for the first $1 million of recurring charges.

After that, 0.4% on recurring charges

Does this mean recurring charges don't carry Stripe's standard 2.9% + $0.30 charge? Or is the free at first/then 0.4% _on top of_ the 2.9% + $0.30 charge?

Re: Stripe Billing

#6

Free for the first $1 million of recurring charges. After that, 0.4% on recurring charges Does this mean recurring charges don't carry Stripe's standard 2.9% + $0.30 charge? Or is the free at first/then 0.4% _on top of_ the 2.9% + $0.30 charge?

That's better than Recurly. They take 1% plus $99/month or $299/month if you want accounting software integration. And there's no free tier.

I'm game.

Re: Stripe Billing

#7
I see a new 0.4% to 0.7% fee, that is enough to make me start shopping competitors on Monday. The stripe processing fee is already high. It seems that all I get is some hosted invoice stuff.. which I could build in a weekend and not have to pay a fee on?

Thinking about it, a medium sized SaaS company billing 15 million a year. 14,000,000 *.004 = 56k a year? For the same product they already had?

Obviously it is cool if you want metering and the advanced features, but I wonder if there is a way to opt out and use the old simple stripe without the new fee - or if this is to push those users into braintree / etc?

Re: Stripe Billing

#8

Free for the first $1 million of recurring charges. After that, 0.4% on recurring charges Does this mean recurring charges don't carry Stripe's standard 2.9% + $0.30 charge? Or is the free at first/then 0.4% _on top of_ the 2.9% + $0.30 charge?

That's better than Recurly. They take 1% plus $99/month or $299/month if you want accounting software integration. And there's no free tier. I'm game.

Stripe already did recurring billing without a 1% though

Re: Stripe Billing

#9
Just received an Email saying this "replaces Stripe Subscriptions", what does that mean exactly? e.g. what happens with our existing Customers and their active subscriptions?

IMO this is a poor communication and confusing announcement with lots of open/unanswered questions for existing Customers, which is unlike what I've come to expect from Stripe.

Re: Stripe Billing

#10

Free for the first $1 million of recurring charges. After that, 0.4% on recurring charges Does this mean recurring charges don't carry Stripe's standard 2.9% + $0.30 charge? Or is the free at first/then 0.4% _on top of_ the 2.9% + $0.30 charge?

Does this mean I can still create classic subscriptions (that are free of the 0.4% surcharge) and process them myself?

Edit: The answer is no.

This announcement has burnt through a lot of goodwill that’s accumulated over the years. Not cool!

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