Ask HN: European startup looking for a service for recurring billing • Hacker News Board

Re: Ask HN: European startup looking for a service for recurring billing

#21

Post by frankrrr » Fri, Sep 30, 2011, 1:31 PM UTC

We use Adyen's recurring payments: http://www.adyen.com/

Works OK for us, but could be better if you see Stripe for example.

Re: Ask HN: European startup looking for a service for recurring billing

#22

Post by marquis » Fri, Sep 30, 2011, 1:34 PM UTC

mahcode wrote: post #17

Would it be possible for you to open a US account with an online bank and have all online payments go there? Or would this be a big no no?

It's near impossible to open an bank account in many countries (specifically developed countries) without residency. I would also expect that if a US bank account was being used the IRS might question about taxes, as payment is occurring in the US, as far as they are concerned?

Re: Ask HN: European startup looking for a service for recurring billing

#23

Post by mise » Fri, Sep 30, 2011, 1:42 PM UTC

We use 2checkout.com for recurring subscriptions.

Re: Ask HN: European startup looking for a service for recurring billing

#24

Post by beggi » Fri, Sep 30, 2011, 1:49 PM UTC

mahcode wrote: post #17

Would it be possible for you to open a US account with an online bank and have all online payments go there? Or would this be a big no no?

You can open up a bank account in the US without US residency - but it's more of a hassle than just using a service that supports your country because of tax issues and such.

Re: Ask HN: European startup looking for a service for recurring billing

#25

Post by kristofferR » Fri, Sep 30, 2011, 1:49 PM UTC

I let my customers chose between PayPal Subscriptions and 2Checkout.

Both work okay, but I would absolutely prefer a method that didn't involve redirecting my customers to unknown domains and interfaces like Paypal.com and 2Checkout.com.

Re: Ask HN: European startup looking for a service for recurring billing

#26

Post by peeplaja » Fri, Sep 30, 2011, 1:52 PM UTC

We're also using Adyen, and it gets the job done. Downside: it keeps like 10% of your revenue as a deposit.

Re: Ask HN: European startup looking for a service for recurring billing

#27

Post by ez77 » Fri, Sep 30, 2011, 1:53 PM UTC

peeplaja wrote: post #26

We're also using Adyen, and it gets the job done. Downside: it keeps like 10% of your revenue as a deposit.

For how long?

Re: Ask HN: European startup looking for a service for recurring billing

#28

Post by pitdesi » Fri, Sep 30, 2011, 1:57 PM UTC

We are trying to get Samurai (http://samurai.feefighters.com) into Europe. We don't have a firm timetable just yet though. If you'd like to be notified when it happens, please enter your email address here: https://docs.google.com/a/transfs.com/spreadsheet/viewform?h...

Re: Ask HN: European startup looking for a service for recurring billing

#29

Post by patrickgzill » Fri, Sep 30, 2011, 2:00 PM UTC

I have been usinng WHMCS.com's billing system for a few months. It has modules to handle many payment systems, and handles recurring billing.

You still have to have a merchant account; but, you have the potential to save 2-3% of each sale, since you will be dealing with the payment processor directly.

Re: Ask HN: European startup looking for a service for recurring billing

#30

Post by rmoriz » Fri, Sep 30, 2011, 2:01 PM UTC

Use http://recurly.com with http://WireCard.com/ as Gateway.

Works fine in the EU!

(WireCard AG is a German based credit card gateway owning a "full" bank license. It's also a public traded company regulated by strict German banking regulations)