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#2Or spend 15 minutes on an application for Chase Paymentech and code it yourself in 3-4 hours and get it for 1.9% + $0.10/transaction.
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#34%! That is just too much! i would prefer to use my 2 yr old paypal acct instead
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#4I like ideas such as this that lower the barrier to entry for eCommerce web sites. As @suking said, you can do this yourself and save money. But what about those who either can't do it, or don't want to spend the time until their web site idea proves itself to be a money maker.
This is a good "first 3 or 4 months of being in business online" solution. But not for everyone.
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#5Or spend 15 minutes on an application for Chase Paymentech and code it yourself in 3-4 hours and get it for 1.9% + $0.10/transaction.
You could—but when you have no idea how your service will be received and you want to get from nothing to minimum viable product asap, a service like this is great. It's precisely what I've been looking for, low overhead.
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#6Or spend 15 minutes on an application for Chase Paymentech and code it yourself in 3-4 hours and get it for 1.9% + $0.10/transaction.
I think the point of this post is that it should be as easy dropping some code into your website to enable subscription payments.
So, how did you do all this in 4 hours?:
1) Accept secure recurring transactions.
2) Get PCI compliant
3) Monitor for credit cards that are expiring and contact the users.
4) Allow a way for the user to update their payment information themselves.
5) Administer users and cancel or suspend their accounts based on their payment status.
6) Email users a couple days before each charge so they know that it's coming and what it's for so you don't end up getting charge backs and charge back fees.
7) Make it possible to upgrade or downgrade an account and plan and change the amount billed automatically.
8) Adjust sales tax per location if needed, like in some states that have a different tax per county.
I'm sure there's more. And I don't even know if this company getsubscribify.com handles all these situations that would be available in the perfect subscription system.
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#7Time to stop adding "ify" to the end of domains.
On a serious note, the real benefit here is the no payment gateway/merchant account thing.
Chargify (also another "ify" name), offers similar hosted pages and would probably be cheaper in the long run, plus at least when you have your own payment gateway and merchant account, so you can move your subscribers to another provider for your recurring billing.
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#8Or spend 15 minutes on an application for Chase Paymentech and code it yourself in 3-4 hours and get it for 1.9% + $0.10/transaction.
You could—but when you have no idea how your service will be received and you want to get from nothing to minimum viable product asap, a service like this is great. It's precisely what I've been looking for, low overhead.
Its great, except because you don't own the gateway and merchant account, you can't move to another recurring payment provider. (Unless I missed something here).
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#9Earlier quoted context omitted.
You could—but when you have no idea how your service will be received and you want to get from nothing to minimum viable product asap, a service like this is great. It's precisely what I've been looking for, low overhead.
Its great, except because you don't own the gateway and merchant account, you can't move to another recurring payment provider. (Unless I missed something here).
Can't you simply cancel the subscriptions of the users who you started out with Subscribify, keep their accounts active (no harm no foul), but prompt them to transfer to your new recurring billing provider until they do? Not very seamless though...
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#10Earlier quoted context omitted.
Its great, except because you don't own the gateway and merchant account, you can't move to another recurring payment provider. (Unless I missed something here).
Can't you simply cancel the subscriptions of the users who you started out with Subscribify, keep their accounts active (no harm no foul), but prompt them to transfer to your new recurring billing provider until they do? Not very seamless though...
you sure can, but this 1) seems like a pain in the ass for you and your users, and 2) Will probably lose you some money, unless you catch it early enough.