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I don't think this is a pricing increase? It's just their pricing for Stripe Billing. It's been 0.5% since at least 2018 which is when I started using it. I'm n

I don't think this is a pricing increase? It's just their pricing for Stripe Billing. It's been 0.5% since at least 2018 which is when I started using it. I'm not sure why this has suddenly exploded on HN.

onassar 6y ago
I think it's because Stripe has for a long time branded themselves as being priced simply. Reading that there is a price increase, I think, warrants a noticeable reaction, since it could mean a new 0.5% cost for every business relying on them. That can be a lot of money for some people, and in general, I'm a bit disappointed that I found out about the Billing product increase through HN. I would have expected to get an email from Stripe, maybe a month ago, saying "Hey: our rates are going up on 12 November"
- edwinwee 6y ago
  The changes would absolutley not go into effect today—they would start next year, January 15, 2021.
  - ihsw 6y ago
    What do you say to users that have zero interest in the Stripe Billing product and do not want to pay for a product that they do not use?
  - onassar 6y ago
    Thanks for the clarification on the date of prices going up
- deleted 6y ago
  [deleted]
Gaelan 6y ago
IIRC, Stripe used to have a "subscriptions" API at no extra cost. A few years ago, when they launched Billing (with the 0.5% fee), they moved everyone over to that but grandfathered in the old pricing. Now they're making everyone pay for it.
- TAForObvReasons 6y ago
  They've been chipping away at the grandfathered accounts this year. What bothered me the most was earlier this year when they stopped refunding fees when issuing refunds. They rolled out a feature during the early days of the pandemic, and in the same week they started charging older accounts for refunds https://news.ycombinator.com/item?id=22371330 https://news.ycombinator.com/item?id=22371330
  - dawnerd 6y ago
    Is there anyone left that refunds fees? Paypal stopped last year and AFAIK all of the other processors also keep the fee.
    - TAForObvReasons 6y ago
      Amazon payments apparently does: https://pay.amazon.com/help/201212280 https://pay.amazon.com/help/201212280 > If a refund takes place, you will also be refunded the following transaction fees: > - The domestic processing fee (for example, the 2.9% fee) > - The cross-border processing fee (for example, the 3.9% fee) > Note that the Authorization fee and Disputed chargeback fee are non-refundable. So it looks like Amazon Payments holds onto the 30 cents but refunds the variable part. It's obviously not zero, but for a $100 domestic charge Amazon's 30 cents is much less than the $29.30 that Stripe pockets.
      - Cieplak 6y ago
        > but for a $100 domestic charge Amazon's 30 cents is much less than the $29.30 that Stripe pockets Is this true?
        ceejayoz 6y ago
        No, it'd be $3.20. 2.9% + $0.30/transaction.
      - ddispaltro 6y ago

onassar 6y ago

I think it's because Stripe has for a long time branded themselves as being priced simply. Reading that there is a price increase, I think, warrants a noticeable reaction, since it could mean a new 0.5% cost for every business relying on them. That can be a lot of money for some people, and in general, I'm a bit disappointed that I found out about the Billing product increase through HN. I would have expected to get an email from Stripe, maybe a month ago, saying "Hey: our rates are going up on 12 November"

edwinwee 6y ago
The changes would absolutley not go into effect today—they would start next year, January 15, 2021.
- ihsw 6y ago
  What do you say to users that have zero interest in the Stripe Billing product and do not want to pay for a product that they do not use?
- onassar 6y ago
  Thanks for the clarification on the date of prices going up
deleted 6y ago
[deleted]

Gaelan 6y ago

IIRC, Stripe used to have a "subscriptions" API at no extra cost. A few years ago, when they launched Billing (with the 0.5% fee), they moved everyone over to that but grandfathered in the old pricing. Now they're making everyone pay for it.

TAForObvReasons 6y ago
They've been chipping away at the grandfathered accounts this year. What bothered me the most was earlier this year when they stopped refunding fees when issuing refunds. They rolled out a feature during the early days of the pandemic, and in the same week they started charging older accounts for refunds https://news.ycombinator.com/item?id=22371330 https://news.ycombinator.com/item?id=22371330
- dawnerd 6y ago
  Is there anyone left that refunds fees? Paypal stopped last year and AFAIK all of the other processors also keep the fee.
  - TAForObvReasons 6y ago
    Amazon payments apparently does: https://pay.amazon.com/help/201212280 https://pay.amazon.com/help/201212280 > If a refund takes place, you will also be refunded the following transaction fees: > - The domestic processing fee (for example, the 2.9% fee) > - The cross-border processing fee (for example, the 3.9% fee) > Note that the Authorization fee and Disputed chargeback fee are non-refundable. So it looks like Amazon Payments holds onto the 30 cents but refunds the variable part. It's obviously not zero, but for a $100 domestic charge Amazon's 30 cents is much less than the $29.30 that Stripe pockets.
    - Cieplak 6y ago
      > but for a $100 domestic charge Amazon's 30 cents is much less than the $29.30 that Stripe pockets Is this true?
      - ceejayoz 6y ago
        No, it'd be $3.20. 2.9% + $0.30/transaction.
    - ddispaltro 6y ago