Hacker News Board Hacker News, browsed like a classic message board
Live data from Hacker News

Stripe Billing

stripe.com

Post reply on HN
Print view View original

21–30 of 364 posts

Re: Stripe Billing

#21

Post by digitalbase »

gargarplex wrote: post #14
brianwawok wrote: post #8

Earlier quoted context omitted.

Stripe already did recurring billing without a 1% though

Yeah, but now Stripe is adding in features like email invoices, presumably the ability to for customers to update payment info, etc. I don't know how much exactly has been added incrementally and how much is available in this release, but I'm optimistic that soon I will be able to phase Recurly out of our stack...If someone from Stripe wants to build a Recurly -> Stripe migration toolset, I'd love that!

As we speak, we are writing code to move from stripe to recurly/adyen.

The analytics/easy plan mgmt and email invoicing in recurly is something stripe doesn't have.

Would you advise against that ?

Re: Stripe Billing

#22

Post by geekjock »

tnorthcutt wrote: post #5

Free for the first $1 million of recurring charges. After that, 0.4% on recurring charges Does this mean recurring charges don't carry Stripe's standard 2.9% + $0.30 charge? Or is the free at first/then 0.4% _on top of_ the 2.9% + $0.30 charge?

I have the same question.

"Free for the first $1 million of recurring charges." would actually be a better deal for early startups than their standard pricing of "2.9% + $0.30 charge".

Also, since they've migrated old subscriptions into this new "Billing" product, does that mean I'll start NOT paying fees on existing recurring subscriptions?

Re: Stripe Billing

#23

Post by paulie_a »

gargarplex wrote: post #6
tnorthcutt wrote: post #5

Free for the first $1 million of recurring charges. After that, 0.4% on recurring charges Does this mean recurring charges don't carry Stripe's standard 2.9% + $0.30 charge? Or is the free at first/then 0.4% _on top of_ the 2.9% + $0.30 charge?

That's better than Recurly. They take 1% plus $99/month or $299/month if you want accounting software integration. And there's no free tier. I'm game.

Last time I looked, which was several years ago, recurly was shockingly expensive. Over the top outrageous that it was an automatic no go for my business. PayPal, which I personally hate was a better option

Re: Stripe Billing

#24

Post by TheSoftwareGuy »

>We're also introducing a new feature: smart retry logic. It’s powered by the same machine learning infrastructure behind Stripe Radar. Our algorithms train on data across the billions of payments in the Stripe network to predict the right way to retry failed payments.

As someone who is completely oblivious to how payments work behind the scenes (for the most part) could someone please explain how this became necessary?

Re: Stripe Billing

#25

Post by nhangen »

tnorthcutt wrote: post #5

Free for the first $1 million of recurring charges. After that, 0.4% on recurring charges Does this mean recurring charges don't carry Stripe's standard 2.9% + $0.30 charge? Or is the free at first/then 0.4% _on top of_ the 2.9% + $0.30 charge?

It seems to me that Stripe has gone from easy to cheer for underdog, to payment processor that wants to eat the world (ala Facebook).

I love that they are constantly innovating, but every time they do, I have to refactor my product, and then decide how much of my current product's custom functionality can be replaced by Stripe. Then I have to decide if I want to double down on Stripe (at the peril of other integrations), or create a wacky payflow that acknowledges dozens of additional gateways.

I don't want a single product that does everything. I want a great product that does a few things really well. This is starting to kill my love affair with Stripe.

Re: Stripe Billing

#26

Post by drinchev »

I think most difficult problem is still proper accounting. I'm with a client right now, based in Europe and we had >really good timeHaving a service like Cleverbridge [1] / Avangate [2], where they end-up having someone to manage this for them for a bigger % of the sale, was the better deal.

Not sure how the startup-scene will solve this, but it's actually still really hard to do this properly.

My best solution would be to have Stripe doing whole-sale solution, where they invoice customers and you simply invoice them each month.

It just takes too much efforts to do this >legally1 : https://www.cleverbridge.com/corporate/

2 : http://www.avangate.com

Re: Stripe Billing

#27

Post by rpedela »

tnorthcutt wrote: post #5

Free for the first $1 million of recurring charges. After that, 0.4% on recurring charges Does this mean recurring charges don't carry Stripe's standard 2.9% + $0.30 charge? Or is the free at first/then 0.4% _on top of_ the 2.9% + $0.30 charge?

To me, it looks like the 0.4% is on top of the 2.9% + $0.30. There is a "Looking for payment fees?" section on the pricing page.

Re: Stripe Billing

#28

Post by aeharding »

First $1 million for the lifetime of the account I assume, not per year?

Seems odd that they announce a fee increase without any notice to existing customers.

Also I found their wording very confusing - I had a few seconds that I was very worried I'd have to migrate something or other. Poor communication wording on Stripe's part. C'mon, guys.

Re: Stripe Billing

#29

Post by digitalbase »

tarstarr wrote: post #16
klinskyc wrote: post #4

How does Stripe auto-recovery compare to a service like Stunning? Does it make it redundant?

(PM of Billing from Stripe here) Tools like Stunning, and the many other extensions that work with Stripe, are very complementary to Stripe Billing. As you’d expect from Stripe, we’ve taken an API-first approach, so that our partners can actually take advantage of our recovery tools when building their solutions. We expect that particular businesses will want to use both!

@tarstarr can you email invoices?

Also do you have multi currency subscriptions? Or do i need to create a pro_monthly_euro, expert_yearly_dollar subscription ?

Re: Stripe Billing

#30

Post by nhangen »

gargarplex wrote: post #14
brianwawok wrote: post #8

Earlier quoted context omitted.

Stripe already did recurring billing without a 1% though

Yeah, but now Stripe is adding in features like email invoices, presumably the ability to for customers to update payment info, etc. I don't know how much exactly has been added incrementally and how much is available in this release, but I'm optimistic that soon I will be able to phase Recurly out of our stack...If someone from Stripe wants to build a Recurly -> Stripe migration toolset, I'd love that!

But I don't want invoices?

Stripe needs to decide if they are a b2b API, or b2c checkout and invoicing product.

Post reply on HN