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I would go with Stripe, more fees but also more convenient for you and the client. Or if they want to pay by check require them to pay annually. It's pretty st
by saluki 9y ago
I would go with Stripe, more fees but also more convenient for you and the client.
Or if they want to pay by check require them to pay annually. It's pretty standard in SaaS to give a discount for annual usually 10xMonthly for annual. But at your price point it might not be necessary.
Fees/exchange rate is just part of the cost of doing business,. Most SaaS could raise their pricing with out losing sales so if you want just increase your pricing slightly to cover the fees when you setup your online pricing/payment page.
- mottomotto 9y agoGood points. At a certain point, the convenience is well worth it. But you raise an interesting point about an annual check. We do sign year long (well, sometimes multiple year) contracts so we could increase our monthly price enough to make the 10 month discount the current annual price. That would let us offer flexibility in payment. I do hope Stripe Canada gets EFT and that includes a gateway to ACH. I can guess there might be lots of red tape. But that would be excellent. But I'm going to do what you suggest -- over an annual check-based payment schedule or a monthly credit-card based schedule (with basically the costs to do so rolled in).