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I can't really share conversion stuff yet. But one interesting observation off the top of my head is that my customers MASSIVELY prefer paying with Paypal to St
by AlexMuir 9y ago
I can't really share conversion stuff yet. But one interesting observation off the top of my head is that my customers MASSIVELY prefer paying with Paypal to Stripe, even though I deliberately steer them towards Stripe.
It was a massive pain to implement Paypal and I hated every moment of it but it produced an uptick in payments.
- sleavey 9y agoNote the typo on your sales page at https://www.howacarworks.com/video-course#intro https://www.howacarworks.com/video-course#intro: "We're taaking a Mazda MX5 Miata to pieces"
- AlexMuir 9y agoThanks, fixed ready for next deploy :)
- tome 9y ago> customers MASSIVELY prefer paying with Paypal to Stripe That's interesting. Do you have a theory about why that is?
- necula 9y agoI just paid for this using Paypal. I prefer paying straight from my bank account rather than using a credit card. My debit card (Dutch pin card) cannot be used for online payments, but Paypal is connected to my bank account. Is Stripe able to do something similar?
- tinco 9y agoSame here, also Dutch. I, and I think almost all Dutch people with me, prefer paying from a debit account. This means either iDeal or Paypal with a connected bank account. I've never integrated Stripe, but it seems it is possible to use iDeal with stripe: https://stripe.com/docs/sources/ideal https://stripe.com/docs/sources/ideal
- vertex-four 9y agoStripe can in America, through the ACH system. Seems to be able to do SEPA direct debit these days if the vendor is in the EU, too.
- tumblen 9y agoJust curious: would you have not purchased if PayPal wasn't available and you had to use a credit card?
- necula 9y agoI would've this particular purchase, I'm one of those "DIY auto repair enthusiasts" :) Using the debit card (PayPal) is just a way of tricking myself into buying stuff really :) With credit card I am constantly reminded of how much I have left of my limit (just like seeing how much cash I have left in my wallet) and next month I'm hit with a big bill for stuff I bought "long time ago".
- oxryly1 9y agoAll my friends use Stripe, but I'm stuck with PayPal b/c I don't have a debit card.
- rwieruch 9y agoDo you have any numbers on conversion rates of Stripe vs Paypal?
- jweather 9y agoI already have a PayPal account linked to my bank account. I wouldn't keep a balance in my PayPal account, but it's the most frictionless way for me to pay online. I haven't set up a Stripe account yet for no very good reason.
- physcab 9y agoI just paid by PayPal. I'm reading this post on the couch relaxing and I have no desire to go get my wallet and dig out my credit card. Way easier. Also, after watching a couple videos and reading the content, the production value and informational value of this is super high. By the time I learned what the price was, I was fairly surprised how cheap it was. $20 is what I spend on a sandwich and drink for lunch. So it was an automatic no-brainer. You could probably double or triple the price easily.
- salzig 9y agoSame for me, the price is a no-brainer.