4 ms·
Ian, I know that Paypay has a poor reputation for being buyer centric but they have 14% of the global market (http://buswk.co/eN1mCa http://buswk.co/eN1mCa) so
by rakkhi 16y ago
Ian, I know that Paypay has a poor reputation for being buyer centric but they have 14% of the global market (http://buswk.co/eN1mCa http://buswk.co/eN1mCa) so they are doing something right. I deployed Paypal for my SAAS (http://www.simplesecurityra.com http://www.simplesecurityra.com) and it was really simple to setup. I wanted to do a subscription based service with automatic billing and it works really well. I have quite a few users now and have never had a problem. I would agree that having a monthly subscription is lot likely to mean you get a lot less re-evaluating the service. I mean it works for gym's and cable TV so why not you?
There are no monthly fees and the transaction fees are not that bad (GBP for me):
Purchase payments received (monthly) Fee per transaction
£0.00 GBP - £1,500.00 GBP 3.4% + £0.20 GBP
£1,500.01 GBP - £6,000.00 GBP 2.9% + £0.20 GBP
£6,000.01 GBP - £15,000.00 GBP 2.4% + £0.20 GBP
£15,000.01 GBP - £55,000.00 GBP 1.9% + £0.20 GBP
above £55,000.00 GBP* 1.4% + £0.20 GBP
You could also consider Google checkout and Amazon checkout but I think Paypal is the best of these choices.
- ianpurton 16y agoI also use Paypal for my SaaS applicationm (http://servermonitoringhq.com http://servermonitoringhq.com). I run a free trial so I'm not asking for payment upfront. Only when the customer decides to signup do they see the paypal subscription button. My target market is quite paypal savvy so it turns into quite an easy way to pay. i.e. You just enter you username, password. From what I've seen all the current solutions for gathering monthly payments require a merchant account.