Wondering when it will work in Canada? Also, how does it work "without merchant account or gateway" ?
Canada +1
Stripe: instant payment processing for developers
41–50 of 369 posts
Re: Stripe: instant payment processing for developers
#42EDIT: removed so as to not hijack another announcement. Was not the intention, just wanted to offer something people thought was useful.
As regards merchant accounts - what country & typical size/age of business do you tend to work with? Appreciate you've not posted anonymously so might not want to go into things much.
Re: Stripe: instant payment processing for developers
#43This is an amazing service. I've been researching all of this for a project I am advising on. Merchant Accounts, gateways, fee here,fee there, PCI - it can make your head explode. It looks like these guys have done it right, and finally hidden the layers friction, banking (and open palms) for us. Nice Work! One Nit if anyone from Stripe is reading - it was a bit hard to find the answer to "How & When do I get paid".…
The front page says "Earnings are transferred to your bank account on a 7 day rolling basis.".
Thanks, I did miss that.
There are probably better specifics in the TOS or elsewhere, I guess I was looking for something spelled out better in the docs. (Ex: "Use any standard US Business or Personal checking account")
It's probably just me though :-)
Re: Stripe: instant payment processing for developers
#44Sounds nice, but the bottom line for me is that a typical $47 credit card sale, which always costs me $1.33 at PayPal, would cost me $1.66 at Stripe. Not much difference, true, but discouraging. I have no need of a fancy API, either--PayPal lets me specify the basics and fire off a simple Post from my PHP code. PayPal takes care of receiving financial information so I remain clean. Just my experience; yours may vary.
That's much how I feel as well. I accept credit cards and PayPal, and pay 2.2% as well. Stripe gets added to the bookmark collection for "services to use should I ever have a problem with PayPal" (which, knock on wood, won't ever happen -- my account is 11 years old now).
Re: Stripe: instant payment processing for developers
#45US only at the moment. Anyone know if they have plans for the UK? I would dearly love to say goodbye to PayPal forever.
We're definitely working on expanding to other countries. There's no definite timeline just yet, but it's one of our top priorities.
I'll start using it as soon as you do...
Re: Stripe: instant payment processing for developers
#46I'm comparing payment processing options for a very straightforward SaaS app. I was heavily leaning toward Braintree, but Stripe and Samurai seem easier/cheaper. Is there a strong reason to go with Braintree? I'm not sure if having my own merchant account makes a big difference.
The pricing for 1,000 monthly users looks (roughly) like:
(edit: I did the % based on $9/transaction)
Stripe: $329/mo @ $3,948/yr
Samurai: $358/mo @ $4,296/yr
Braintree: $487.90/mo @ $5,854.80/yr
Re: Stripe: instant payment processing for developers
#47echoing the excitement for the international expansion.
Re: Stripe: instant payment processing for developers
#48Their signup process threw me for a loop. You just click into the dashboard, then fill in a name and password later. It looks like just visiting the front page gives you an account, because the sample code is already using some generated API tokens.
I've considered doing something similar for my own side project, but went with the more standard sign up because I was worried it would be confusing (as it was to me, for a few minutes). Do you guys think this is becoming more mainstream, at least amongst developers and the tech-savvy, that other projects could get away with this? I'm curious how many support requests Stripe gets because of this.
Edited to add: How does this work for the non-logged-in state? I already have an account, and the browser cookie expires (or manually delete the cookies). I'll go to the dashboard, and be logged in as "anonymous", and have to sign out and sign in again as the right user. Seems like an extra incongruous step.
Re: Stripe: instant payment processing for developers
#49"You don't need a merchant account or gateway." That's a killer feature right there. I've been considering using Braintree for a project, but seeing this is really making me reconsider.
As a beta customer, not having to deal with 95% of PCI and merchant accounts etc. really made a huge difference to how fast we got going.
Sure, but other companies, e.g., Spreedly, let you outsource PCI compliance as well. This is the first I've seen that let's you get away without having a merchant account.
Re: Stripe: instant payment processing for developers
#50If a Stripe employee is reading this, tiny suggestion: I just shared the URL to stripe on both Facebook and G+. On G+, the nice little blueprint icon showed up as the thumbnail. But on Facebook, no icon at all making the post far less noticable in people's feeds. Just a tiny thing that will help the spreading of the word.