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Stripe Billing

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Re: Stripe Billing

#81
post #52
post #39

Earlier 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.

Why don’t you let people decide what they want to spend their time on?

Re: Stripe Billing

#82
post #61

Yikes, I've been using Stripe subscriptions happily for a few years and now I'm upset to see they're going to be charging a fee. It's unclear if the fee starts at $1MM total revenue or $1MM/year. $1MM/total would hurt a lot of the small lifestyle businesses for no gain in service--we already had subscriptions built in to the cost and we don't need invoicing or any of the other new-fangled stuff :( Paypal has free rec…

Also take notice that there is a charge of $1 per invoice when you send more than 2,000 per year. That's crazy!

Re: Stripe Billing

#83
post #75

Earlier quoted context omitted.

Did they email the announcement to you? If you already used Stripe subscriptions in the past, you'll be grandfathered in for free. This is the relevant line: "Since you used Stripe Subscriptions in the past year, the Stripe Billing Starter plan is included in your current pricing."

Yeah, but the Starter Plan starts charging an additional fee after $1MM (yearly? total?) revenue. So it's not grandfathering in at all, we just get shunted to the temporarily-free plan that everyone else has to start on. Edit: Since my posting this Stripe has clarified that existing customers get the Starter package at no further cost, we we are grandfathered in.

(PM from Stripe) If you're an existing user of Stripe Subscriptions, you get Stripe Billing features included in your current price. (To be clear, there's no extra fees for existing users.)

Re: Stripe Billing

#84
This is extremely disappointing. For my business this means an additional 0.4%-0.7% fee added onto a service I currently use for free justified by features that I cannot use for compliance purposes. This new invoicing process does not qualify as an exempt financial service for a covered entity. (see subsection 1179 of HIPAA)

So unless they are now willing to sign a business associates agreement I just got a price hike for a feature that would cause fines so large they would close my business. This is going to be a PR nightmare for stripe. They have destroyed all of their goodwill, and now I will have to start considering competitors. If anyone from Stripe is here in the comments I would love to chat (email is in profile)

Re: Stripe Billing

#85

Well, this is all a bit cheeky. Backed Stripe for so long now, kinda lost touch with the options. What are some other decent recurring payment processors that support Asia Pacific, specifically Australia/New Zealand?

Pin Payments for a local solution or Braintree?

Re: Stripe Billing

#86

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…

(PM for Stripe Billing here) It’s a good question, and one that we thought a lot about before launching the product. At Stripe, we are particularly interested in making startups (especially recurring billing startups, in the case of this product) successful on Stripe. It’s one of our most important goals. For all businesses -- not just startups -- we waive Stripe Billing fees for your first $1M in recurring billing v…

No one on our team has received this email.

Also I don’t know if this is on purpose but you’re not answering the question people are actually asking: what if you’re an existing user and you hit $1M... then what?

Yesterday: 0% extra Today: 0.4% extra

Right?

Re: Stripe Billing

#87

>We're also introducing a new feature: smart retry logic. It’s powered by the same machine learning infrastructure behind Stripe Radar. Our algorithms train on data across the billions of payments in the Stripe network to predict the right way to retry failed payments. As someone who is completely oblivious to how payments work behind the scenes (for the most part) could someone please explain how this became necessa…

That's a good question. AFAIK Stripe already had their magical Dunning rules for retries, which were supposedly already optimized via machine learning. I'm curious if this is substantially different from that.

Re: Stripe Billing

#88
post #13

Having used Chargebee for a long time I would say that this problem space is much larger than it first appears. There are a lot of boxes to tick before a solution like this does all the stuff you’ll need it to (but have no idea about).

I'm in the midst of integrating Chargebee. Do you feel like this new offering is a good replacement for Chargebee? I don't know what I don't know yet.

Re: Stripe Billing

#89

Well, this is all a bit cheeky. Backed Stripe for so long now, kinda lost touch with the options. What are some other decent recurring payment processors that support Asia Pacific, specifically Australia/New Zealand?

Braintree, which has a similar API to Stripe.

Re: Stripe Billing

#90

Earlier quoted context omitted.

tl;dr there's no change to pricing for existing users. There's a note on pricing in the email to existing users (but let us know if you have any questions!)

Glad to hear it but that's not what my email said. Here's the only mention of pricing in the email I received: > Since you used Stripe Subscriptions in the past year, the Stripe Billing Starter plan is included in your current pricing. The Stripe billing starter plan says it's free for the first $1m, 0.4% surcharge after that. Am I missing something?

Apologies for any confusion! No extra fees for existing Stripe Subscriptions users, even after the $1M mark. Stripe Billing is free forever at your current price.
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