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

pintpay.com

81–90 of 91 posts

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

#81

Every merchant agreement I've ever seen doesn't allow you to charge payments for third parties. This is to prevent fraud at a minimum, and I am sure there are myriad other reasons. I wonder if they arranged special terms with the merchant gateways or if they are just trying to fly under the radar? There's gotta be a reason no one has done this 100x before...

I also wondered how they were doing this. I tried to do something similar with donations for non-profits and got shot down.

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

#82
Holy smokes... Way too expensive! If you are gonna go on the "we aren't PayPal" then maybe you can get away with it, but really, wow! I have to go see if you are double or triple what we pay PayPal. Either way; bad. PayPal fucks up and cancels "subscriptions" too often, and that makes work. However, and extra couple percent in fees can pay a billing person. Call me when you have a sliding price scale. Best wishes.

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

#84
post #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!

The problem with using CNAME records in this way is that the resulting page would not be protected under SSL. Even if the resulting POST is, there are reasons to ensure that page 1 is also under SSL, such as verification that the page comes from who it says, that it wasn't altered during transmission, and simply as a matter of perception. With a CNAME record unless the domain holder provided you with an SSL certificate and you are able to do multi-homed SSL, then you're going to have to run in under normal HTTP, and with a payment system you really do need all of the pages under SSL.

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

#85
Sorry if this question was already asked before: Does it work if my startup is in Europe? Does it work regardless of where on the globe my customer is?

Thanks!

Also, no matter what the answer is, it should be in large lettering on the front page of your service.

Update: And in your FAQ as well.

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

#86

Sorry if this question was already asked before: Does it work if my startup is in Europe? Does it work regardless of where on the globe my customer is? Thanks! Also, no matter what the answer is, it should be in large lettering on the front page of your service. Update: And in your FAQ as well.

If you're not yet in Europe you should consider starting there. I'm in Europe and the only option I have for my SaaS service is PayPal, for some reason all the other processors require a US merchant account (which you can't get without presence in the US).

I agree with most of the criticism that has been said in this thread already, but if you can fix that your key selling point for me is "no merchant account required", you should target outside the US where that matters most.

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

#87
My only issue with this solution is the hosted page. I don't want to hand-off my transaction to a third-party generic page - no matter how good the rates are.

But looks like a solid offering for those that don't mind that one kink.

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

#88
The "Compare" page shows PintPay as cheaper than the three competitors compared to, which is good. However, it is also immediately apparent that all three of the competitors have the same per transaction fee and lower percentage charges than PintPay, so that PintPay only wins because the others also have a fixed monthly fee. At a high enough volume, the higher percentage rate at PintPay (3.9% vs 2.1% at Chargify and Recurly--a HUGE difference) will overcome that.

The volume used for comparison is 150 customers a month, each paying $20, for a total of $3000/month. That's only $36k/year, which is not much at all for a business. Using the rates that PintPay gives for its competitors, Recurly becomes cheaper at $3833/month ($46k/year), Chargify becomes cheaper at $5500/month ($66k/year), and PayPal Web Pro becomes cheaper at $6000/month ($72k/year).

So who is the intended customer for PintPay? Most businesses that I can think of that would need such a service are going to be doing over $46k/year.

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

#89
post #55

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.

Thanks for the response. Many of the other comments are now putting this into context. However, realize that if I were to switch to your service I might see a huge disruption in our business' income. Even 30 days could be tough for some considering Paypal makes our money available instantly . We bring in approximately 80% of our income through Paypal, and have rolled our own subscription management service. We are al…

I used your service to listen to the fire fighters last fall during the fires west of Boulder. Great service, thanks!
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