Right; we've gone back-and-forth on how best to implement our volume pricing. The upside of a clear pricing matrix is that it's clear. The downside is that it's conservative -- we can (and do) give lower pricing than what we could commit to in a matrix like this to many users. Perhaps we should release a matrix of what we do on average (or a set of minimum discounts) or something. (As ever, feel free to drop me a lin…
This is actually one of the very few things that has bothered me about Stripe – they don't make their volume pricing public (Amazon does, now Balanced does). We've had to email when we hit larger sums to get pricing reduced. Edit: although to be fair, I asked them about this, and they said their processing costs vary user to user, so they don't have a simple matrix (rather, they apply discounts based on the costs ass…
Right; we've gone back-and-forth on how best to implement our volume pricing. The upside of a clear pricing matrix is that it's clear. The downside is that it's conservative -- we can (and do) give lower pricing than what we could commit to in a matrix like this to many users. Perhaps we should release a matrix of what we do on average (or a set of minimum discounts) or something. (As ever, feel free to drop me a lin…
That makes sense – the main thing that bothered me actually is that I didn't (and still don't) know when to ask for discounts. Even if you said discounts vary, but we'll look automatically look at what we can offer when you hit the following sums... that would be great.
Cool. So this is essentially per marketplace? I've just launched simplegym.co that uses Balanced for handling payments. We currently are only doing around $10K/month in payments, but I believe it could grow into the discounted volume over the next few months.
Cool. So this is essentially per marketplace? I've just launched simplegym.co that uses Balanced for handling payments. We currently are only doing around $10K/month in payments, but I believe it could grow into the discounted volume over the next few months.
Thanks for using Balanced.
Yes, this is per marketplace. We'd love to give you a discount. Our discounts are applied quarterly, so if you get to $100K+ by April 1, we'd be happy to drop your rate to 2.7% + 30¢
Right; we've gone back-and-forth on how best to implement our volume pricing. The upside of a clear pricing matrix is that it's clear. The downside is that it's conservative -- we can (and do) give lower pricing than what we could commit to in a matrix like this to many users. Perhaps we should release a matrix of what we do on average (or a set of minimum discounts) or something. (As ever, feel free to drop me a lin…
That makes sense – the main thing that bothered me actually is that I didn't (and still don't) know when to ask for discounts. Even if you said discounts vary, but we'll look automatically look at what we can offer when you hit the following sums... that would be great.
We had the same issue with our banking partners. Their pricing schemes are very opaque and we didn't know when we should approach them. We, and you, have better things to do than polling a bank/payments provider asking for discounts. The not knowing is part of the problem.