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Spreedly. Funding, expanding our horizons, pivoting

blog.spreedly.com

21–27 of 27 posts

Re: Spreedly. Funding, expanding our horizons, pivoting

#21

Can someone further explain the "gateway token" concept? From reading the site I'm not 100% clear on the meaning.

It is tricky. Maybe we have more work to do. If you sign up for a single Stripe account you get a set of credentials. You drop those in to process against us. That's one payment gateway token. Say you you Stripe but also want to offer PayPal as a payment type. That's one for Stripe and 1 for PayPal (essentially two stand alone payment gateways) Ok, that's pretty vanilla. Ok, now you want to add Dwolla. That's a 3rd.…

Thanks for the explanation. Those are the use cases I was kind of thinking, it just didn't seem 100% clear in the pricing page, especially when my use case would probably just be one or two tokens.

Re: Spreedly. Funding, expanding our horizons, pivoting

#22

Earlier quoted context omitted.

It is tricky. Maybe we have more work to do. If you sign up for a single Stripe account you get a set of credentials. You drop those in to process against us. That's one payment gateway token. Say you you Stripe but also want to offer PayPal as a payment type. That's one for Stripe and 1 for PayPal (essentially two stand alone payment gateways) Ok, that's pretty vanilla. Ok, now you want to add Dwolla. That's a 3rd.…

Thanks for the explanation. Those are the use cases I was kind of thinking, it just didn't seem 100% clear in the pricing page, especially when my use case would probably just be one or two tokens.

I was confused by this initially too. I think it's just "token" that throws me off. I know what a gateway is, so maybe just saying "25 Gateways" or "$10/Gateway" instead of "gateway token" might be better? Just my initial thought.

Re: Spreedly. Funding, expanding our horizons, pivoting

#23

Earlier quoted context omitted.

Those restrictions do not apply if the gateway is not Indian. I can vault my card with Amazon/Google etc without any problems. But mainly I want to bill non Indians. So the problem is finding a gateway/merchant account which can be setup by Indians from India.

In India we support HDFC and the MiGS gateway (which in turn is used by Indian acquiring banks)

Yeah. I know. But AFAIK they do not support USD. Am I wrong? Also Indian payment gateways sucks. I wanted to know if there are other gateways which support Indian merchants

Re: Spreedly. Funding, expanding our horizons, pivoting

#24
post #22

Earlier quoted context omitted.

Thanks for the explanation. Those are the use cases I was kind of thinking, it just didn't seem 100% clear in the pricing page, especially when my use case would probably just be one or two tokens.

I was confused by this initially too. I think it's just "token" that throws me off. I know what a gateway is, so maybe just saying "25 Gateways" or "$10/Gateway" instead of "gateway token" might be better? Just my initial thought.

The problem we run into there is someone supports 8 gateways (for example) but has 500 customers with 500 individual merchant accounts. They might come away with the impression they just need to pay for 8 gateways. So those folks understand this but we do end up seeming overly complicated for someone who doesn't have that complex use case.

Re: Spreedly. Funding, expanding our horizons, pivoting

#25

Can someone further explain the "gateway token" concept? From reading the site I'm not 100% clear on the meaning.

It is tricky. Maybe we have more work to do. If you sign up for a single Stripe account you get a set of credentials. You drop those in to process against us. That's one payment gateway token. Say you you Stripe but also want to offer PayPal as a payment type. That's one for Stripe and 1 for PayPal (essentially two stand alone payment gateways) Ok, that's pretty vanilla. Ok, now you want to add Dwolla. That's a 3rd.…

It is good you clarified this here as it wasn't clear to me and though I had before now settled on using spreedly-core, due to my not understanding that bit, I quickly began thinking I may need to evaluate other options all again. But no need with this explanation.

Why don't you paste the exact explanation/examples that you have given here in the pop-up that comes up when we mouse over 'pay as you go' in your new pricing page.

Great job.

Re: Spreedly. Funding, expanding our horizons, pivoting

#27

Earlier quoted context omitted.

Hi there. We mention in the post that subscription and recurring are critical requirements we hear and thus important. Just as say Stripe or Braintree have good basic recurring functionality for subscriptions we too think we'll get those requests with Spreedly. In particular, there are folks that don't get to chose the gateway they work with. (There are a lot of companies that have fantastic processing rates against…

I want to take a minute here and say that, by far, Spreedly has been the best SaaS provider I've ever worked with. Granted, it doesn't hurt that they hand me fistfuls of subscription revenue from my products. But, here I was having misgivings for a brief moment, and it was silly of me. You know, these guys keep doing it right.

Many thanks Barry. Much appreciated.
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