4 ms·

Another +1 for Braintree, they've been excellent.

by maccman 16y ago

StavrosK 16y ago
The only problem is their high fees ($75/mo minimum, $35/mo fee, 2.29% + $0.30 per transaction). They're an absolute killer if you want to accept micropayments of < $100 a month, initially... EDIT: They aren't even available outside the US :/
- jasonkester 16y ago
  $100/month is not a lot of money. If you're a business, and you want to process credit cards, that's what it will cost you. A good definition of "hobby" is anything where a $100/month expense eats into your profits in a meaningful way. You're right about micropayments though. Apart from AWS, I don't know of anybody who offers a good way to do them.
  - noodle 16y ago
    1) you can get it done with paypal and not have $100/mo in fees. 2) paying $100/mo but making less than $100/mo violates the principles of bootstrapping.
    - jasonkester 16y ago
      To clarify, Paypal is fine for hobby projects, where you don't mind sacrificing a bit of professionalism for a cheap and easy payment solution. And where it's not the end of the world if they freeze your account. You can survive in that mode while your hobby transitions into something that brings in a few hundred dollars a month and pays for your beer. But once you graduate to a real business, you need to get a real payment processor. It's not a step you can skip, and it will cost you $100/month.
      - noodle 16y ago
        i don't disagree, i'm just pointing out that the space between $0 revenue and a few hundred bucks doesn't have a better solution. everyone has to start somewhere.
evaldas_a 16y ago
We had another problem with braintree - due to some error on their side, they have submitted all of our AMEX transactions for settling twice. It took a lot of phone calls to convince them that the problem was on their end, and after they "fixed" it, it happened again during the next billing cycle. They fixed it for good after it and we had no problems since then, but for a while there I was seriously considering ditching them for good. However, at the end of the day, they are still way better than PayPal - we had the common issue of having our account frozen...

Another +1 for Braintree, they've been excellent.

by maccman 16y ago

Another +1 for Braintree, they've been excellent.

The only problem is their high fees ($75/mo minimum, $35/mo fee, 2.29% + $0.30 per transaction). They're an absolute killer if you want to accept micropayments of < $100 a month, initially... EDIT: They aren't even available outside the US :/

jasonkester 16y ago
$100/month is not a lot of money. If you're a business, and you want to process credit cards, that's what it will cost you. A good definition of "hobby" is anything where a $100/month expense eats into your profits in a meaningful way. You're right about micropayments though. Apart from AWS, I don't know of anybody who offers a good way to do them.
- noodle 16y ago
  1) you can get it done with paypal and not have $100/mo in fees. 2) paying $100/mo but making less than $100/mo violates the principles of bootstrapping.
  - jasonkester 16y ago
    To clarify, Paypal is fine for hobby projects, where you don't mind sacrificing a bit of professionalism for a cheap and easy payment solution. And where it's not the end of the world if they freeze your account. You can survive in that mode while your hobby transitions into something that brings in a few hundred dollars a month and pays for your beer. But once you graduate to a real business, you need to get a real payment processor. It's not a step you can skip, and it will cost you $100/month.
    - noodle 16y ago
      i don't disagree, i'm just pointing out that the space between $0 revenue and a few hundred bucks doesn't have a better solution. everyone has to start somewhere.

evaldas_a 16y ago

We had another problem with braintree - due to some error on their side, they have submitted all of our AMEX transactions for settling twice. It took a lot of phone calls to convince them that the problem was on their end, and after they "fixed" it, it happened again during the next billing cycle. They fixed it for good after it and we had no problems since then, but for a while there I was seriously considering ditching them for good. However, at the end of the day, they are still way better than PayPal - we had the common issue of having our account frozen...