Billing with Stripe

#1

Post by dwynings » Tue, Oct 11, 2011, 1:10 AM UTC

Billing with Stripe
railscasts.com

Re: Billing with Stripe

#2

Post by d3x » Tue, Oct 11, 2011, 2:11 AM UTC

I just integrated stripe on http://i.crowdfunded.it last week. Super awesome and easy to use.

Re: Billing with Stripe

#3

Post by ahemphill » Tue, Oct 11, 2011, 2:18 AM UTC

d3x wrote: post #2

I just integrated stripe on http://i.crowdfunded.it last week. Super awesome and easy to use.

"We're sorry, but something went wrong.

We've been notified about this issue and we'll take a look at it shortly."

Re: Billing with Stripe

#4

Post by aculver » Tue, Oct 11, 2011, 2:27 AM UTC

My bare minimum recurring expense with Braintree is $130/mo. That's our largest recurring expense. What's wonderful about Stripe is that there is no "minimum" service charge. If you don't do a lot of transactions, you don't pay a lot of fees. That makes it very low risk to spin up a service and give it a little time to see if it works. When I've talked to people with day jobs about their SaaS side-projects, it's common to hear people aiming for "an extra $500 a month." That's a respectable goal for a side-project, considering that sort of money could trim most people's mortgages by a decade or more, but it makes Braintree (developer friendly as they are) a huge expense. Thankfully for me Braintree was one of the first payment gateways to promote the idea of data portability, so getting my subscribers into Stripe from Braintree should not be a huge hassle.

Re: Billing with Stripe

#5

Post by marcamillion » Tue, Oct 11, 2011, 2:39 AM UTC

Testament to how easy and well-done Stripe's API is, that Ryan can make a 16 minute Railscast about it's integration.

Re: Billing with Stripe

#6

Post by pc » Tue, Oct 11, 2011, 2:40 AM UTC

ahemphill wrote: post #3

d3x wrote: post #2

I just integrated stripe on http://i.crowdfunded.it last week. Super awesome and easy to use.

"We're sorry, but something went wrong. We've been notified about this issue and we'll take a look at it shortly."

Sorry about that -- momentary bug during a deploy of the dashboard.

Re: Billing with Stripe

#7

Post by d3x » Tue, Oct 11, 2011, 2:48 AM UTC

ahemphill wrote: post #3

d3x wrote: post #2

I just integrated stripe on http://i.crowdfunded.it last week. Super awesome and easy to use.

"We're sorry, but something went wrong. We've been notified about this issue and we'll take a look at it shortly."

fixed

Re: Billing with Stripe

#8

Post by d3x » Tue, Oct 11, 2011, 2:49 AM UTC

pc wrote: post #6

ahemphill wrote: post #3

Earlier quoted context omitted.

"We're sorry, but something went wrong. We've been notified about this issue and we'll take a look at it shortly."

Sorry about that -- momentary bug during a deploy of the dashboard.

HAHA man.. was that you guys or me? Either way it all seems to be working now. BTW: Great job on Stripe.

Re: Billing with Stripe

#9

Post by pc » Tue, Oct 11, 2011, 2:54 AM UTC

d3x wrote: post #8

pc wrote: post #6

Earlier quoted context omitted.

Sorry about that -- momentary bug during a deploy of the dashboard.

HAHA man.. was that you guys or me? Either way it all seems to be working now. BTW: Great job on Stripe.

Cheers. Would love to hear if you notice anything we should improve; I'm patrick@stripe.com.

Re: Billing with Stripe

#10

Post by damoncali » Tue, Oct 11, 2011, 2:56 AM UTC

aculver wrote: post #4

My bare minimum recurring expense with Braintree is $130/mo. That's our largest recurring expense. What's wonderful about Stripe is that there is no "minimum" service charge. If you don't do a lot of transactions, you don't pay a lot of fees. That makes it very low risk to spin up a service and give it a little time to see if it works. When I've talked to people with day jobs about their SaaS side-projects, it's comm…

Does this fact cause you any concern over stripe's decision to serve small companies for whom 130 dollars is a significant amount over large customers who will be turned off by their percentage fees? My main resistance to switching to stripe is that I can't figure out how they are going to make any money. I'd like the extra 130 dollars each month, too, but will it last?