Stripe charges 2.9% + $0.30 per transaction, the others mentioned have a monthly fee and then lower transaction fees. So Stripe isn't remarkably cheap.
Cheap Recurring Payments with Stripe and AWS Lambda
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Re: Cheap Recurring Payments with Stripe and AWS Lambda
#12I've been using Laravel Spark [1] for recurring payments built on top of Stripe, and at a 100$ one-time fee for Spark and a small server setup (that I needed for the service in the first place) I think it's a cheap option for recurring payments, too.
Re: Cheap Recurring Payments with Stripe and AWS Lambda
#13This is what people are missing on Lambda. It's pay-to-play, and for 90% of the sites out there, they're paying too much in comparison. If you're running server instances 24x7 for an application that is doing serverless.io is a decent framework to get started (allows for local dev and testing, manages deployment) and is agnostic in terms of deployment target: AWS, IBM, Google coming soon, etc. The only reason we're n…
But are they really paying too much? I can't think of a lot of products out there, especially those that have a recurring subscription, that don't required some sort of database. So you need a server running a database anyway. It seems that the subscription logic would be a very negligible addition to the instance you have to be running anyway. To me it seems like the only sweet spot for lambda on a large scale would…
There are multiple alternatives to running your own DB service, and again, all pay-per-use.
In the original article the author suggested on a successful subscription a write to the MailChimp API (because that's the product). In that example, MailChimp is the DB. You don't have to run a copy of a DB locally if you architect things like that. Obviously if the call fails, you need to think about what you fall back to, which is why error handling is such a critical piece of the the Lambda ecosystem - as it should be for every ecosystem, really.
Re: Cheap Recurring Payments with Stripe and AWS Lambda
#14The problem is that Stripe is still not usable in the half of the world, including my country, Romania.
You can use Atlas cant you?
Re: Cheap Recurring Payments with Stripe and AWS Lambda
#15~3%, dirt cheap?!
Why are so many of you so happy to throw so much cash away to process money? I know Stripe is lovely to integrate but as a business you have to shop around.
In the UK (and EU) card processing is much cheaper. Stripe is closer to 2% but if you shop around, you'll find somebody who'll offer you 0.8-0.9%, give you free terminals and no monthly contract fees.
Edit for those asking: Worldpay and Handepay are the best rates I've seen recently. Both for online and off. But again, don't just cluster around one company, harass a few yourself. They're willing to compete.
Re: Cheap Recurring Payments with Stripe and AWS Lambda
#16Re: Cheap Recurring Payments with Stripe and AWS Lambda
#17~3%, dirt cheap?! Why are so many of you so happy to throw so much cash away to process money? I know Stripe is lovely to integrate but as a business you have to shop around. In the UK (and EU) card processing is much cheaper. Stripe is closer to 2% but if you shop around, you'll find somebody who'll offer you 0.8-0.9%, give you free terminals and no monthly contract fees. Edit for those asking: Worldpay and Handepay…
Would you mind sharing those companies? I'm especially curious since Stripe is not supported in my Country.
Re: Cheap Recurring Payments with Stripe and AWS Lambda
#18~3%, dirt cheap?! Why are so many of you so happy to throw so much cash away to process money? I know Stripe is lovely to integrate but as a business you have to shop around. In the UK (and EU) card processing is much cheaper. Stripe is closer to 2% but if you shop around, you'll find somebody who'll offer you 0.8-0.9%, give you free terminals and no monthly contract fees. Edit for those asking: Worldpay and Handepay…
Is that for offline processing in a lowest risk industry? Curious as never seen a client get such a rate. Esp once acquirer fees for online payments are factored in (UK experience only)
Re: Cheap Recurring Payments with Stripe and AWS Lambda
#19Re: Cheap Recurring Payments with Stripe and AWS Lambda
#20~3%, dirt cheap?! Why are so many of you so happy to throw so much cash away to process money? I know Stripe is lovely to integrate but as a business you have to shop around. In the UK (and EU) card processing is much cheaper. Stripe is closer to 2% but if you shop around, you'll find somebody who'll offer you 0.8-0.9%, give you free terminals and no monthly contract fees. Edit for those asking: Worldpay and Handepay…
Would you mind sharing those companies? I'm especially curious since Stripe is not supported in my Country.
https://www.paydoo.com/pricing is one example,
> starting at 0.59% + £0.20 adapted to industry type and risk level