Sweet another service I can't use because I'm Canadian, but wont get access to their Atlas program because I don't qualify. I'll have to take another approach.
Stripe Billing
51–60 of 364 posts
Re: Stripe Billing
#52Earlier quoted context omitted.
I think they're hoping that the reduced churn rate will make up for the added fees. A "whoops please update your card" email gives people the opportunity to decide whether a sub is valuable, while a quiet background payment tends to be less noticed.
Isn't it my job as a Stripe Customer to build that functionality into my own app so that I can manage it in the way that works best for my customers?
Or you can continue to improve your actual product while Stripe takes care of the rote billing issues. That's essentially Stripe's whole pitch, you could do everything they do on your own, but it's expensive and not central to your business.
Re: Stripe Billing
#53Can anyone explain me why Stripe is so hyped on HN ? It's the most expensive card processing service I know. I am using one where I pay 1.9% for all my clients and another for EU clients where I pay only 1.7%. I don't see anything in their offer that is worth paying additional 1.2% of my business to card payment processor.
It's YC backed and run by two very popular HN'ers, the Collison brothers.
https://www.startupgrind.com/blog/the-collison-brothers-and-...
Also, payments is something that every real start-up will hit sooner or later.
Re: Stripe Billing
#54I 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…
It's all about the fraud control and the reduction in chargebacks. Yes, you can hack up a credit card payment gateway in a long night (been there, done that), but on the modern web you'll get killed by fraud. That's the hard part and if it is your own merchant account you're always going to be a few chargebacks away from losing that merchant account and by extension getting into really hot water with your business.
The point is they already had this yesterday.
It's literally a bunch of 'value add' features maybe you'll use for a 0.4% increase in fees you didn't ask for.
Let me opt in to the new stuff.
Re: Stripe Billing
#55Earlier quoted context omitted.
Isn't it my job as a Stripe Customer to build that functionality into my own app so that I can manage it in the way that works best for my customers?
Or you can continue to improve your actual product while Stripe takes care of the rote billing issues. That's essentially Stripe's whole pitch, you could do everything they do on your own, but it's expensive and not central to your business.
Easier said than done when your product requires that you integrate with dozens of gateways.
Re: Stripe Billing
#56People are focusing a lot on invoicing but the real power here is that you can create multi-part and tiered billing schemes now. Imagine something like "$100 a month and $10 per user" -- that was not possible using Stripe subscriptions without your customer getting two invoices. Honestly, it was laughably bad.
Re: Stripe Billing
#57How is this any different than the subscriptions they previously offered? And what do services like Recurly do that Stripe subscriptions don't? And when is Stripe going to automatically handle sales tax?
I still have not found a single subscription solution that seamlessly handles adding sales tax and properly reporting it. Stripe does not. Recurly does not. TaxJar does not work with subscriptions. Avalara does not work with subscriptions...
What are people doing?
Re: Stripe Billing
#58Earlier quoted context omitted.
I think they're hoping that the reduced churn rate will make up for the added fees. A "whoops please update your card" email gives people the opportunity to decide whether a sub is valuable, while a quiet background payment tends to be less noticed.
Isn't it my job as a Stripe Customer to build that functionality into my own app so that I can manage it in the way that works best for my customers?
I also am confused. I've made sure that Stripe will not send any emails directly to my customers (disabling emails for successful payments, refunds) since I integrated with Stripe's webhooks for my own custom emails. Is there now some other option that I have to turn off for CC update emails?
Re: Stripe Billing
#59If anyone from Stripe is here, question: We currently use Chargebee for all our subscription and Stripe to actually process the payments. With Chargebee V3 [1] we've just dropped in their js and then we get an overlay/pop-up for both subscription and then subscription management, like editing subscription, invoicing etc. Is this a replacement for Chargebee on the integration and coding side that we get without work? [2] We'd like to reduce the number of services we integrate with and if Stripe Billing provides this, then we would like to directly use it.
[1] https://www.chargebee.com/docs/checkout-v3.html [2] https://www.chargebee.com/docs/assets/screenshots/images/cha...
Re: Stripe Billing
#60Can anyone explain me why Stripe is so hyped on HN ? It's the most expensive card processing service I know. I am using one where I pay 1.9% for all my clients and another for EU clients where I pay only 1.7%. I don't see anything in their offer that is worth paying additional 1.2% of my business to card payment processor.
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