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I can see why Braintree would have no interest in businesses that are destined to maintain smallness, but they're missing out on getting into bed with some youn
by jmm 16y ago
I can see why Braintree would have no interest in businesses that are destined to maintain smallness, but they're missing out on getting into bed with some young companies whose payment volume will eventually pop. And leaving the door open for a more nurturing payment portal to grab young companies (and presumably keep them).
So it might be wise to for Braintree to loosen up the fees a bit for promising young companies - an incubator program for payments of sorts. At least for the YC/HN community :)
Though, honestly, looking at their pricing, Braintree ins't crazy expensive even for a company that gets $0 sales out of the gate... $99 initial setup, $35 monthly, $10 for cc storage, $75 as a zero sales "penalty". Setup delay seems to be an issue here as well, but that just seems like Braintree doing its diligence.
http://www.braintreepaymentsolutions.com/pricing http://www.braintreepaymentsolutions.com/pricing
- jeffepp 16y agoStill, for a startup, with potentially 3-6 months of low sales, its nearly $750 wasted. Many of us would allocate the funds somewhere other than "minimum fees" and "low sales penalties" If we fail then we stop using Braintree, authorize or paypal (then use them again on the next startup). But if we succeed, we will continue to be a customer (and recommend them to our friends on HN) for a long, long time. Seems like a slam-dunk to me.