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Changes to Stripe Billing

support.stripe.com

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Re: Changes to Stripe Billing

#12

Post by dinobones »

I love Stripe, blah blah blah, Stripe has "good" le docs and good dev experience and w/e.

But now that they have market share they are seemingly becoming more greedy.

I think they are overplaying their hand. There's no reason that these charges should be %-based. And I'm almost certain for large enterprise customers they're not; there's probably custom negotiated contracts for those cases.

I hope we get more players in this space that can force them to be more competitive on pricing.

Re: Changes to Stripe Billing

#13

Post by lotsofpulp »

mort96 wrote: post #10
lotsofpulp wrote: post #6

Earlier quoted context omitted.

I would phrase that as a 0.3% increase in fees.

You would phrase it incorrectly then? That's 0.3 percentage points, but 60%

Doesn’t the % symbol mean percentage points?

A fee changing from 0.5% of a transaction to 0.8% of a transaction is increasing by 0.3%.

Re: Changes to Stripe Billing

#14

Post by mort96 »

lotsofpulp wrote: post #13
mort96 wrote: post #10

Earlier quoted context omitted.

You would phrase it incorrectly then? That's 0.3 percentage points, but 60%

Doesn’t the % symbol mean percentage points? A fee changing from 0.5% of a transaction to 0.8% of a transaction is increasing by 0.3%.

No, the % symbol means percent

Re: Changes to Stripe Billing

#15

Post by bigyikes »

lotsofpulp wrote: post #6
mik3y wrote: post #4

Earlier quoted context omitted.

0.5% -> 0.7% = 40% increase in fees, for affected customers. (edit: 0.7% not 0.8%)

I would phrase that as a 0.3% increase in fees.

It’s a 60% increase in fees.

It’s a 0.3 percentage point increase in fees.

The former is important because it reflects the cost increase customers will face. Their costs don’t increase by 0.3%, they increase by 60%

(Except I don’t think any of the comments in the thread have properly quoted TFA… isn’t it increasing to 0.7%?)

Re: Changes to Stripe Billing

#16

Post by toomuchtodo »

dinobones wrote: post #12

I love Stripe, blah blah blah, Stripe has "good" le docs and good dev experience and w/e. But now that they have market share they are seemingly becoming more greedy. I think they are overplaying their hand. There's no reason that these charges should be %-based. And I'm almost certain for large enterprise customers they're not; there's probably custom negotiated contracts for those cases. I hope we get more players…

They are in a valuation trap based on forward looking fundamentals.

Re: Changes to Stripe Billing

#18

Post by lotsofpulp »

mort96 wrote: post #14
lotsofpulp wrote: post #13

Earlier quoted context omitted.

Doesn’t the % symbol mean percentage points? A fee changing from 0.5% of a transaction to 0.8% of a transaction is increasing by 0.3%.

No, the % symbol means percent

I thought percent, percentage, and percentage points are all the same thing.

Re: Changes to Stripe Billing

#19

Post by bigyikes »

Starter pricing was 0.5%.

Scale pricing was 0.8%.

Both plans were consolidated into a single plan which is 0.7%.

This is good news if you were a Scale customer and bad news if you were a Starter customer.

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