Untitled topic • Hacker News Board

Re: undefined

#11

Post by jameskilton » Thu, Apr 14, 2011, 9:19 PM UTC

sammville wrote: post #3

4%! That is just too much! i would prefer to use my 2 yr old paypal acct instead

You get what you pay for. IMO after building many subscription systems talking directly to merchant providers or gateways (PayFlowPro, Braintree, etc), 4% is well worth not having to deal with this and just letting someone else handle all the crap that comes with subscription services.

If they do a good job of course.

Re: undefined

#12

Post by makmanalp » Thu, Apr 14, 2011, 9:21 PM UTC

mgrouchy wrote: post #7

Time to stop adding "ify" to the end of domains. On a serious note, the real benefit here is the no payment gateway/merchant account thing. Chargify (also another "ify" name), offers similar hosted pages and would probably be cheaper in the long run, plus at least when you have your own payment gateway and merchant account, so you can move your subscribers to another provider for your recurring billing.

Also alleviates security concerns and PCI compliance issues if you're never storing payment info!

Re: undefined

#13

Post by megamark16 » Thu, Apr 14, 2011, 9:21 PM UTC

A comparison:

Chargify: $99/month flat + merchant account and gateway fees

Recurly: $69/month + .$10/transaction = $119 + merchant account and gateway fees

Subscribify: $.30/transaction = $150 plus 4%

It really depends on where you want to spend your time starting out. I wonder how big of a pain it would be to migrate your existing customer base over to a different solution when you outgrow this one and pickup your own merchent account and payment gateway.

Re: undefined

#14

Post by die_sekte » Thu, Apr 14, 2011, 9:24 PM UTC

Let me guess, US only?

Re: undefined

#15

Post by spoiledtechie » Thu, Apr 14, 2011, 9:25 PM UTC

How about a company that doesn't force me to code against paypal that my customers can just do a one time buy for. I would be willing to pay for that what paypal charges...

Re: undefined

#16

Post by raquo » Thu, Apr 14, 2011, 9:27 PM UTC

A payment processing platform with no indication of who runs it? Anonymized whois info? Really? Unless this info won't appear before you market-launch and you're not US-only I don't really see your point, sorry.

Re: undefined

#17

Post by [deleted] » Thu, Apr 14, 2011, 9:28 PM UTC

megamark16 wrote: post #13

A comparison: Chargify: $99/month flat + merchant account and gateway fees Recurly: $69/month + .$10/transaction = $119 + merchant account and gateway fees Subscribify: $.30/transaction = $150 plus 4% It really depends on where you want to spend your time starting out. I wonder how big of a pain it would be to migrate your existing customer base over to a different solution when you outgrow this one and pickup your o…

[deleted]

Re: undefined

#18

Post by rexreed » Thu, Apr 14, 2011, 9:30 PM UTC

Is this market getting saturated? Just how many potential customers are there in this Subscription service market? Enough to sustain all the providers?