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

Stripe App Marketplace

marketplace.stripe.com

Post reply on HN
Print view View original

31–40 of 102 posts

Re: Stripe App Marketplace

#31

Post by onphonenow »

jmuguy wrote: post #11
onphonenow wrote: post #6

We do relatively lower volume of higher value ACH transactions (ie, 20K/transaction). What's interesting is strip invoicing is pretty uncompetitive here. Fee for sending one invoice is $100/invoice. For every 100 invoices you are spending $10,000. OUCH!!! In other words, if someone was allowed to do an invoicing app in this marketplace it might do ok for a group out there. A target would be folks doing ACH payments (…

They charge 0.5% per invoice for the higher tier, so for 20k that would be 100 bucks. Which is still excessive imo, but not 500 bucks.

Sorry - correct - $100/invoice - which is really way way above standard market for invoicing software.

There is an additional payments fee that applies.

Re: Stripe App Marketplace

#32

Post by onphonenow »

gkedzierski wrote: post #16
edwinwee wrote: post #13

Earlier quoted context omitted.

Yes, this math seems more accurate. And for businesses sending _many_ high-dollar invoices, we have custom pricing. (Get in touch at https://stripe.com/contact/sales or email edwin@stripe.com.)

But would you allow invoicing app into your app store?

That's really my question - I think there's room for a $5 or $10 invoicing solution (ie, cap invoicing fee at $5 or so). Maybe somewhat simplified. I'd like custom domain as well of course.

Re: Stripe App Marketplace

#33

Post by onphonenow »

tikkun wrote: post #12

This was inevitable. App marketplaces are great all around. Great for users - more functionality. Great for partners - easy access to distribution/users. Great for the marketplace owner - improve your product, while adding network effects that deepen your moat against competitors.

The question is often how closely they let apps compete with them. Ie, can I roll out a (cheaper) invoicing solution with for example a $5/invoice cap. Quickbooks et al do allow this. Some players do not like that.

Re: Stripe App Marketplace

#35

Post by [deleted] »

xwdv wrote: post #30
upupandup wrote: post #25

seems like a lot of YC IPO companies are struggling to keep their share prices afloat and this seems like something to send more paying customers to its network of YC backed businesses. ex) Docusign is down by at least 80%

YC has no real clout anymore.

[deleted]

Re: Stripe App Marketplace

#36

Post by ctvo »

upupandup wrote: post #29
ctvo wrote: post #28

Earlier quoted context omitted.

A lot to unpack here. 1. Stripe is a private company, it hasn't IPO'd. 2. YC was an early investor in Stripe, but as a late stage company, Stripe has many, many stakeholders that are investors: https://www.crunchbase.com/organization/stripe/company_finan... to think that they're beholden to YC and would make business decisions for the sake of YC companies -- oof.

Lot of the companies featured in the marketplace is what I'm referring to I don't think its esoteric knowledge of those points you listed. But I'm sure you been paying attention to the markets....

> Lot of the companies featured in the marketplace is what I'm referring...

This isn't actually what you said in your original post, but sure, let's breakdown this too. Under "Featured apps" there's Mailchimp, Dropbox, Google Drive, Bench Accounting, Ramp, and Render. Dropbox is the only one I recognize as a YC company.

I pay attention to a lot of things. What do you pay attention to?

Re: Stripe App Marketplace

#37

Post by tyingq »

therusskiy wrote: post #19

Do they allow apps they extend Stripe's functionality but charge for it?

Seems so,

"Transparent and consistent pricing You must clearly state your app pricing up front, without hidden costs or fees. App pricing must also be consistent with off-marketplace prices."

https://stripe.com/docs/stripe-apps/review-requirements#app-...

Though I suppose Stripe is watching for apps doing things Stripe should/could do itself as a real-time "what would people pay extra for?" list.

Re: Stripe App Marketplace

#38

Post by possiblelion »

Somewhat unrelated, but I've found it really difficult to stop a recurring payment with Stripe. A company which has shut (website down and email unresponsive) keeps trying to charge 299 bucks on my card via stripe. No way to stop it either, if the client website is down.

Ripe for failed founders to exploit

Re: Stripe App Marketplace

#39

Post by 101008 »

stu2b50 wrote: post #23
101008 wrote: post #20

Earlier quoted context omitted.

Sorry, question by someone who is not part of the USA (not even Europe, if it's a common case in Europe too). Why would you have to pay to send an invoice? It isn't just a PDF? Is there an extra mechanism that I am missing?

When people say “invoicing” in this context they generally refer to both the PDF and the transfer of money per the details on that PDF. How that money is transferred will incur different costs.

Ah got it. So you can send the invoice for free but if they pay you then the fee will be deducted from that payment. Thank you very much!
Post reply on HN