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Well, he used Stripe, so he didn't write his own. Personally I wasn't aware that there was such a high fee for a chargeback. Is that because Stripe doesn't hand

Well, he used Stripe, so he didn't write his own. Personally I wasn't aware that there was such a high fee for a chargeback. Is that because Stripe doesn't handle fraud well? Seems like most of his time was spent dealing with tax issues, which you'd have to do regardless of how money is actually transferred.

stevoski 11y ago
Good point. I consider using Stripe a "do-it-yourself" solution, which requires manual coding. As far as handling EU VAT, Stripe offers nothing, and you need to manually implement this. I meant that you should use a service last FastSpring or Avangate initially, which require no coding, and completely take care of VAT.
- vfdfv 11y ago
  Do you know if Braintree handles EU VAT in an automatic way? I've read the article below but I'm not totally sure what to make of it: https://www.taxamo.com/braintree-announce-partnership-taxamo/ https://www.taxamo.com/braintree-announce-partnership-taxamo... I am definitely not interested in hand-coding a solution.
  - thibaut_barrere 11y ago
    I don't know about Braintree, but I can report that for my SaaS app (https://www.wisecashhq.com https://www.wisecashhq.com, currently priced in $ but France-based), I used Recurly (https://www.recurly.com https://www.recurly.com) which handles EU VAT very nicely (including VAT changes happening in 2015). I use them together with Stripe as my gateway, it generates proper invoices and applies the rate of the buyer's country unless a valid VAT number has been provided. They also provide a stripe-like js library so that the credit-card number doesn't go through my server. With regard to VAT MOSS report, they do most of the checks, I only wrote a little ETL script using http://www.kiba-etl.org/ http://www.kiba-etl.org/ to create a break-down of the related amounts for each quarter and each country, which I then submit manually to the VAT MOSS French website. So in my case, this is fully automated, and I'm pretty happy with this :-) Feel free to email me if you have questions.
    - djm_ 11y ago
      This is the setup (Recurly + Stripe) the article is complaining about though, it doesn't protect well against fraud.
  - Taxamo 11y ago
    Hey, this should help: http://support.taxamo.com/customer/portal/articles/1781966-how-does-taxamo-integrate-with-braintree- http://support.taxamo.com/customer/portal/articles/1781966-h... and more detail here: https://www.taxamo.com/doc/payment_providers/braintree/ https://www.taxamo.com/doc/payment_providers/braintree/
joelhooks 11y ago
We use stripe for egghead.io and process lots of payments. Chargebacks happen, but it isn't terribly significant for us. Our subscription fee is higher, so perhaps that helps.

stevoski 11y ago

Good point. I consider using Stripe a "do-it-yourself" solution, which requires manual coding. As far as handling EU VAT, Stripe offers nothing, and you need to manually implement this. I meant that you should use a service last FastSpring or Avangate initially, which require no coding, and completely take care of VAT.

vfdfv 11y ago
Do you know if Braintree handles EU VAT in an automatic way? I've read the article below but I'm not totally sure what to make of it: https://www.taxamo.com/braintree-announce-partnership-taxamo/ https://www.taxamo.com/braintree-announce-partnership-taxamo... I am definitely not interested in hand-coding a solution.
- thibaut_barrere 11y ago
  I don't know about Braintree, but I can report that for my SaaS app (https://www.wisecashhq.com https://www.wisecashhq.com, currently priced in $ but France-based), I used Recurly (https://www.recurly.com https://www.recurly.com) which handles EU VAT very nicely (including VAT changes happening in 2015). I use them together with Stripe as my gateway, it generates proper invoices and applies the rate of the buyer's country unless a valid VAT number has been provided. They also provide a stripe-like js library so that the credit-card number doesn't go through my server. With regard to VAT MOSS report, they do most of the checks, I only wrote a little ETL script using http://www.kiba-etl.org/ http://www.kiba-etl.org/ to create a break-down of the related amounts for each quarter and each country, which I then submit manually to the VAT MOSS French website. So in my case, this is fully automated, and I'm pretty happy with this :-) Feel free to email me if you have questions.
  - djm_ 11y ago
    This is the setup (Recurly + Stripe) the article is complaining about though, it doesn't protect well against fraud.
- Taxamo 11y ago
  Hey, this should help: http://support.taxamo.com/customer/portal/articles/1781966-how-does-taxamo-integrate-with-braintree- http://support.taxamo.com/customer/portal/articles/1781966-h... and more detail here: https://www.taxamo.com/doc/payment_providers/braintree/ https://www.taxamo.com/doc/payment_providers/braintree/

joelhooks 11y ago

We use stripe for egghead.io and process lots of payments. Chargebacks happen, but it isn't terribly significant for us. Our subscription fee is higher, so perhaps that helps.