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Or spend 15 minutes on an application for Chase Paymentech and code it yourself in 3-4 hours and get it for 1.9% + $0.10/transaction.
by suking 16y ago
Or spend 15 minutes on an application for Chase Paymentech and code it yourself in 3-4 hours and get it for 1.9% + $0.10/transaction.
- Breefield 16y agoYou could—but when you have no idea how your service will be received and you want to get from nothing to minimum viable product asap, a service like this is great. It's precisely what I've been looking for, low overhead.
- mgrouchy 16y agoIts great, except because you don't own the gateway and merchant account, you can't move to another recurring payment provider. (Unless I missed something here).
- Breefield 16y agoCan't you simply cancel the subscriptions of the users who you started out with Subscribify, keep their accounts active (no harm no foul), but prompt them to transfer to your new recurring billing provider until they do? Not very seamless though...
- mgrouchy 16y agoyou sure can, but this 1) seems like a pain in the ass for you and your users, and 2) Will probably lose you some money, unless you catch it early enough.
- dpcan 16y agoI think the point of this post is that it should be as easy dropping some code into your website to enable subscription payments. So, how did you do all this in 4 hours?: 1) Accept secure recurring transactions. 2) Get PCI compliant 3) Monitor for credit cards that are expiring and contact the users. 4) Allow a way for the user to update their payment information themselves. 5) Administer users and cancel or suspend their accounts based on their payment status. 6) Email users a couple days before each charge so they know that it's coming and what it's for so you don't end up getting charge backs and charge back fees. 7) Make it possible to upgrade or downgrade an account and plan and change the amount billed automatically. 8) Adjust sales tax per location if needed, like in some states that have a different tax per county. I'm sure there's more. And I don't even know if this company getsubscribify.com handles all these situations that would be available in the perfect subscription system.