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Add recurring billing to your site. No coding, monthly fees, gateways. Code=HN

pintpay.com

21–30 of 91 posts

Re: Add recurring billing to your site. No coding, monthly fees, gateways. Code=HN

#21
We'd also like to add CNAME support so you could have pro.yoursite.com show the payment page you make on PintPay. We're also working on an api and webhook / URL postback for info about changes/notifications/cancellations on subscriptions. A lot still to do during the beta!

Re: Add recurring billing to your site. No coding, monthly fees, gateways. Code=HN

#22

Guys, net 60 payment on other people's money is absolutely absurd, beta or not. It's obvious you're attempting to bootstrap by using the cashflow of your clients payment processing to grow, but that's not ok in this niche. Raise capital or self fund and do Net 7 max.

I'm kind of torn here. On the one hand, as an SaaS developer, I want to get paid my money immediately if not sooner.

On the other hand, as a jaded shareware developer, I can tell you that Net 60 is a heck of a lot closer than Net 7 to the terms you will be offered by most outsourced payment processors. The DigitalRiver family of companies, which have a commanding presence in shareware payments, will get you your money on average about 45 days after the sale takes place. FastSpring, which is the most developer friendly processor I'm aware of, will average about 20 days from sale. (Other alternatives I'm intimately familiar with: Google Checkout will have the money in your bank account about 3 to 5 days from sale. Paypal can ACH to you within about 2 to 3 business days or, if you're using it for expenses, the time-to-spendibility is essentially zero since you can get a Paypal-branded debit card.)

Business reasons for not doing net 7: returns, chargebacks, and various other forms of abuse. (Not even necessarily abuse by the developer. Here's a fun fraud scenario: fraudster signs up for an affiliate account of your developer, buys their software 100 times with stolen cards, earning a few thousand bucks of affiliate payout which is essentially laundered away from the stolen cards. Six weeks later the first chargebacks start rolling in as people receive their bank statements and wonder why they're getting scammed by a payment processor they've never heard of. This is ridiculously common -- search for any of the big brands in processing and you'll find complaint threads of folks convinced that the processor or merchant is the fraudster trying to steal their money.)

Re: Add recurring billing to your site. No coding, monthly fees, gateways. Code=HN

#23

After reading the story of self-publishing whizkid Amanda Hocking http://www.usatoday.com/life/books/news/2011-02-09-ebooks09_... I was inspired to start writing again. Rebuilding emphastic.com, I really wanted to find an easier way to integrate some kind of self-publishing eBook payment system, and this looks test-worthy. In general, the timing is excellent, too. Google's Samsung Android tablet, the iPad2, etc.; the…

If you're looking to self publish I'd just focus on Amazon, B&N (if in the US, otherwise publish there through Smashwords), and Smashwords. Sure it's 70/30 split, but you also get on their lists of also bought if you can manage enough sales. I haven't heard of any author making major money self pubbing through their own website, it's been primarily through the major ebook retailers.

It's what the big players like Hocking, Konrath, John Locke, and more do to make a living writing.

Re: Add recurring billing to your site. No coding, monthly fees, gateways. Code=HN

#24
post #8
post #4

Are you guys PCI compliant?

Good question. From the FAQ: Do I need to worry about PCI Compliance? Nope! By using PintPay, you never store credit card information on your servers. In fact, that information isn't stored on our servers either. (Edited.)

You're on Linode and consider yourselves to be PCI compliant? Even though you're not storing the cards yourselves (probably using tokenization on Braintree or Authorize.net) you need to be compliant as the cards pass through your servers.

Re: Add recurring billing to your site. No coding, monthly fees, gateways. Code=HN

#25
post #19

we talked before via email, but i wanted to reiterate -- for me to really integrate this into my site, i need an api available to tell me when a payment was successfully processed. get that up and running and i'll see about pulling this in.

For some reason I assumed that such an API or callback was available. The things I take for granted.

Agreed, this is a deal-breaker for me as well.

Re: Add recurring billing to your site. No coding, monthly fees, gateways. Code=HN

#26
post #20
post #14

Earlier quoted context omitted.

Hi, the net 60 is just during the beta period and really there to combat fraud. I assure you it is not to help "bootstrap." We intend to lower it later to 30 days. Edit: if you email us at feedback@pintpay.com we would consider lowering that number from 60 for approved/verified merchants.

I see two problems with this strategy: a) New developers still see "60 days" and say "Fuck you!", you should emphasize the shortest available payment schedules on your site (make the "anti-fraud" period seem more like a short hurdle to get over) b) 30 days is still too long for verified publishers; while it's a reasonable "new account" rate (for after your beta period), if I'm verified and doing volume on your servic…

You raise some excellent points. I guess all I can say is this is just the messaging during the beta period for our initial users. We will definitely change/fix this messaging before launch though to address the issues you've raised. Once we verify/approve a merchant, we could definitely lower the time.

Edited.

Re: Add recurring billing to your site. No coding, monthly fees, gateways. Code=HN

#27
post #25
post #19

we talked before via email, but i wanted to reiterate -- for me to really integrate this into my site, i need an api available to tell me when a payment was successfully processed. get that up and running and i'll see about pulling this in.

For some reason I assumed that such an API or callback was available. The things I take for granted. Agreed, this is a deal-breaker for me as well.

Yep, we're working on this now. We'll have that out shortly.

Re: Add recurring billing to your site. No coding, monthly fees, gateways. Code=HN

#28
post #19

we talked before via email, but i wanted to reiterate -- for me to really integrate this into my site, i need an api available to tell me when a payment was successfully processed. get that up and running and i'll see about pulling this in.

Yep, you're exactly right. We're working on that right now and it'll be up soon.

Re: Add recurring billing to your site. No coding, monthly fees, gateways. Code=HN

#29
post #22

Guys, net 60 payment on other people's money is absolutely absurd, beta or not. It's obvious you're attempting to bootstrap by using the cashflow of your clients payment processing to grow, but that's not ok in this niche. Raise capital or self fund and do Net 7 max.

I'm kind of torn here. On the one hand, as an SaaS developer, I want to get paid my money immediately if not sooner. On the other hand, as a jaded shareware developer, I can tell you that Net 60 is a heck of a lot closer than Net 7 to the terms you will be offered by most outsourced payment processors. The DigitalRiver family of companies, which have a commanding presence in shareware payments, will get you your mone…

Yep, that's exactly why we've gone with Net 60 during the beta. We will definitely consider lowering it in the future. Thanks Patrick!

Re: Add recurring billing to your site. No coding, monthly fees, gateways. Code=HN

#30

After reading the story of self-publishing whizkid Amanda Hocking http://www.usatoday.com/life/books/news/2011-02-09-ebooks09_... I was inspired to start writing again. Rebuilding emphastic.com, I really wanted to find an easier way to integrate some kind of self-publishing eBook payment system, and this looks test-worthy. In general, the timing is excellent, too. Google's Samsung Android tablet, the iPad2, etc.; the…

If you're just looking for "You give me money, I give you downloadable ebook", a quick plug for e-junkie. I've used them for several years at BCC (which used to be "you give me money, I give you license key" although that isn't relevant to most of my customers anymore), and they'll work for you very cheaply if you have a Paypal account.
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