Noca - Payments Simplified • Hacker News Board

Re: Noca - Payments Simplified

#51

Post by pjg » Mon, Sep 12, 2011, 8:53 AM UTC

JoshTriplett wrote: post #4

Looks much improved since the last time I looked at it. Last time, it looked awesome except that customers had to provide bank account information to pay with it, which will instantly drive away a huge number of customers. Now it looks like they accept credit cards, too, which makes it a viable contender. In particular, they now have everything they need for the "lightweight payment system market". They still can't a…

@JoshTriplett

About the "I want to pay but I don't have any kind of credit card at all" - that's where Noca's "Check" system comes in. It allows payments using bank account without having to type in the cumbersome Routing # and Account #

Re: Noca - Payments Simplified

#52

Post by pjg » Mon, Sep 12, 2011, 8:59 AM UTC

gst wrote: post #44

@pjg: Do you accept customers having a TPPA (Third Party Payment Aggregation) business model? What are the requirements in order to be accepted as customer?

@gst

We may. I hate to use the phrase "it depends" but unless we know more I cannot give you a conclusive answer. If the TPPA is doing "low risk" transactions e.g. utility billing with a service charge lets say, it should be ok. Higher risk items will be tougher. Send an email to "support@noca.com"

Re: Noca - Payments Simplified

#53

Post by chunkyslink » Mon, Sep 12, 2011, 9:07 AM UTC

wiradikusuma wrote: post #10

nubela wrote: post #3

impt question: international customers?

i add another: international merchants?

In the FAQ is says 'Is this legal is all 50 states' so I'm guessing its USA only.

They need to add this answer to the FAQ

Re: Noca - Payments Simplified

#54

Post by xtracto » Mon, Sep 12, 2011, 9:26 AM UTC

pjg wrote: post #27

jacques_chester wrote: post #7

> For Secure Check(tm), the merchant needs to have a business checking account in a bank in the United States. And consumers can only pay with a checking or savings bank account with a bank in the United States. Currently for VISA/Mastercard Consumers can pay with Visa/Mastercard issued by a bank in United States. We are however opening up to accepting International cards/Checks soon. So basically, no, this isn't a r…

When Paypal launched is did not do "foreign" accounts. We're still in early stage. But more importantly Noca is more of an alternative to Authorize.net than Paypal (the "Paypal competitor headline came from Techcrunch - not from Noca )

> Paypal (the "Paypal competitor headline came from Techcrunch - not from Noca )

So then why is Paypal part of the side-by-side comparison in the linked page?

Re: Noca - Payments Simplified

#55

Post by abloodywar » Mon, Sep 12, 2011, 9:32 AM UTC

rshm wrote: post #14

Yay !! for micro payments. 3.49 is too much for large transactions.

>minimum transaction size is $2.00

Re: Noca - Payments Simplified

#56

Post by pjg » Mon, Sep 12, 2011, 9:58 AM UTC

citricsquid wrote: post #11

god damnit no. the issue is NOT rates, the issue is NOT security, the issue is NOT how "nice" the company is, the issue IS international support. Paypal are "winning" and will forever "win" because they support EVERYONE . Finding a person who can't use Paypal (who is over the age of 18 and isn't a previously terminated customer) is very hard because it supports (almost) EVERYONE yet these "new" "paypal killers" don't…

@citricsquid

International support will come over time. However Noca is more like a better alternative to Authorize.net. Paypal in shopping cart takes the Consumer away from Merchant site and requires the Consumer to have an account i.e. sign-up. Even with Paypal's high userbase only 1 out of 3 or 4 users in the US have an active Paypal account. Not a good idea to potentially loose majority of Payors/Buyers simply 'cause they don't have Paypal accounts

Re: Noca - Payments Simplified

#57

Post by mcherm » Mon, Sep 12, 2011, 10:21 AM UTC

petemccarthy wrote: post #47

I'm waiting for someone to disrupt the "Card Present" side of the industry. I work for a large Point of Sale software provider and the choices and for Payment Gateways are awful. We need things like Noca and Braintree for transactions in the real-world. Our NextGen product is going to be HTML5 web-based client, but we can't find good Payment Gateway partners with a Restful API. If your out there and and working on th…

Watch "square"; they're interesting.

Re: Noca - Payments Simplified

#58

Post by pjg » Mon, Sep 12, 2011, 10:27 AM UTC

jeff18 wrote: post #40

A flat 3.49% (not even including the 20% discount at volume) for credit cards is substantially better than PayPal and Amazon for micro-transactions. Is there some kind of hidden fee or limitation I'm missing?

There is no other fee. (NOCA = No Other Fees Apply). There is a minimum transaction size, currently at $2.00 i.e. Noca will not accept transactions less than $2.00

Re: Noca - Payments Simplified

#59

Post by tomas_lin » Mon, Sep 12, 2011, 11:13 AM UTC

BasDirks wrote: post #16

citricsquid wrote: post #11

god damnit no. the issue is NOT rates, the issue is NOT security, the issue is NOT how "nice" the company is, the issue IS international support. Paypal are "winning" and will forever "win" because they support EVERYONE . Finding a person who can't use Paypal (who is over the age of 18 and isn't a previously terminated customer) is very hard because it supports (almost) EVERYONE yet these "new" "paypal killers" don't…

Can't send money to a Russian friend over PayPal.[1] [1] http://profy.com/2011/08/30/paypal%E2%80%99s-epic-fail-in-ru...

or Lebanon ( http://paypaldev.org/yaf_postst6666_Paypal-in-Lebanon.aspx )

Re: Noca - Payments Simplified

#60

Post by Fizzer » Mon, Sep 12, 2011, 11:16 AM UTC

pjg wrote: post #56

citricsquid wrote: post #11

god damnit no. the issue is NOT rates, the issue is NOT security, the issue is NOT how "nice" the company is, the issue IS international support. Paypal are "winning" and will forever "win" because they support EVERYONE . Finding a person who can't use Paypal (who is over the age of 18 and isn't a previously terminated customer) is very hard because it supports (almost) EVERYONE yet these "new" "paypal killers" don't…

@citricsquid International support will come over time. However Noca is more like a better alternative to Authorize.net. Paypal in shopping cart takes the Consumer away from Merchant site and requires the Consumer to have an account i.e. sign-up. Even with Paypal's high userbase only 1 out of 3 or 4 users in the US have an active Paypal account. Not a good idea to potentially loose majority of Payors/Buyers simply 'c…

PayPal does not require an account. Simply click the "Pay as guest" link and it presents a standard billing form.

Further, when you're a small site, I'd think it's preferable to redirect your customers to Paypal's site when they enter their billing information as it gives them confidence that it's secure. As a user myself, I would think twice before typing my CC info into a small obscure website, as I have no idea what kind of security measures they have in place (https is only one piece of the puzzle).