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Ask HN: How do you process payments?

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Re: Ask HN: How do you process payments?

#101
post #100

Earlier quoted context omitted.

> we had a client deplatformed by them because their bank had problems with the product. (In our case, specifically, adult toys.) What kind of bank would do that, and why? I don’t comprehend the logic that would drive such a decision.

Wait until you hear about what PayPal stops.

PayPal isn’t a bank and is known for that behaviour. I understand Wells Fargo is a bank.

Re: Ask HN: How do you process payments?

#102

For my consulting business (average invoice size of anywhere from $15k-$125k), we exclusively accept paper checks, ACH (either as a direct credit for larger companies set up to do that,) or QuickBooks Online, which makes ACH relatively trivial, and they charge basically $1 to process it. Can't beat that with a stick. For our clients, our preference is still Stripe, though we had a client deplatformed by them because…

> we had a client deplatformed by them because their bank had problems with the product. (In our case, specifically, adult toys.) What kind of bank would do that, and why? I don’t comprehend the logic that would drive such a decision.

Some specific product/service categories have higher rates of fraud and/or other problems, and it just does not worth it for them.

Re: Ask HN: How do you process payments?

#103

I operate a "electronically supplied services" hobby company, https://webhook.site , and I just didn't want to deal with VAT payments to individual EU member countries. So I switched from Stripe to Paddle, who handle all the VAT payments for me, take a fee and give me a lump sum. EU just has way too much bureaucracy for small-medium sized companies. I'm also using Patreon which is similar (they also handle VAT and su…

FastSpring is a similar alternative.

Re: Ask HN: How do you process payments?

#104
Stripe whenever it's possible. However, without PayPal one is missing a bug chunk of people who cannot pay with credit card. Hence, I offer both. Since I implemented both (again) over the last month, here a list of my resources:

- Stripe Elements [0] + Stripe Webhook [1]

- Stripe Checkout [2] + Stripe Webhook [1]

- PayPal Smart Payment Buttons [3]

And one repository:

- basic Stripe Checkout with Webhook in React + Express [4]

Personally I preferred Stripe Checkout over Elements, because they take care about the look and feel.

- 0 https://github.com/stripe/react-stripe-elements

- 1 https://stripe.com/docs/webhooks

- 2 https://stripe.com/docs/payments/checkout

- 3 https://developer.paypal.com/docs/checkout/

- 4 https://github.com/rwieruch/react-express-stripe

Re: Ask HN: How do you process payments?

#106
post #101
post #100

Earlier quoted context omitted.

Wait until you hear about what PayPal stops.

PayPal isn’t a bank and is known for that behaviour. I understand Wells Fargo is a bank.

> PayPal isn’t a bank

They are:

https://www.quora.com/How-can-PayPal-function-without-a-bank...

In the EU you either work with a bank or you need to be a bank to do what Paypal does. In the US not (yet).

Re: Ask HN: How do you process payments?

#108
post #80

I've been selling a SaaS product for the last four years. Originally I used Stripe but recently switched to Paddle. The main reason is that it makes my life a lot easier, they act as a reseller so I effectively sell my product to them, and they sell it on to customers. At the end of each month I just need to enter a single payment into my accounting platform, and they handle all currency conversions (I sell in USD, m…

While the overall complexity of the integration is less than Stripe, i feel like the whole thing is still in beta stage. There is no real isolated test environment, the suggested way of doing this is to give yourself a refund or work with $0 products.

Re: Ask HN: How do you process payments?

#109

Ebanx, for the Latin America market.

+1 for EBANX! Though after talking with them and talking with Stripe I’m not sure we lose out on as many credit cards as Ebanx made it seem like we would when processing with Stripe in LATAM.

Do you do any processing in Mexico? If so - how do you deal with facturas?

Re: Ask HN: How do you process payments?

#110

Stripe whenever it's possible. However, without PayPal one is missing a bug chunk of people who cannot pay with credit card. Hence, I offer both. Since I implemented both (again) over the last month, here a list of my resources: - Stripe Elements [0] + Stripe Webhook [1] - Stripe Checkout [2] + Stripe Webhook [1] - PayPal Smart Payment Buttons [3] And one repository: - basic Stripe Checkout with Webhook in React + Ex…

>Personally I preferred Stripe Checkout over Elements, because they take care about the look and feel.

Stripe Checkout force you to gave client email to stripe. With Elements you can just use stripe for card processing (with zipcode of course).

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