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Hey, I like the low price. I want to make a SaaS with a low price but sadly with something like Stripe for example at 1.50 per month 23% of your revenue goes di

Hey, I like the low price. I want to make a SaaS with a low price but sadly with something like Stripe for example at 1.50 per month 23% of your revenue goes directly in merchant fees. Braintree is the same. Do you use another provider or do you just accept the fact that it's gonna be one of your main costs ?

svjx 3y ago
Yea it's unfortunate that we lose so much to Stripe and definitely it's something to be weary of when creating your prices. That said, Stripe does provide an excellent service. However, I never put all my eggs in one basket. You will notice that our system doesn't use any of Stripe's fancy features. The fine print will show that they'll take extra cuts for each and every thing. We built everything from scratch and only use Stripe for the final payment processing. That way, if we ever decide to switch, it would be quick and painless ;)
- darthrupert 3y ago
  It's too bad how one of the interesting promises of crypto currencies was to facilitate micropayments. That clearly hasn't been delivered in any sensible form yet.
  - LanternLight83 3y ago
    You can use crypto to pay eg. notable VPN providers, or to make all sorts of donations, but one of the issues facing crypto for a service like this is that you can't automate monthly payments (at least, not in a standardized and broadly compatible way). You always need to pay a regular invoice, pre-pay for a long period, or (in the best case) regularly top off a custodial wallet that cooperates with registered services and protégés on your behalf (eg. via some standardized smart-contract that hasn't been widely adopted yet). Stripe can just store your info and bill you monthly, but no one hands over their crypo wallet seed in the same way.
Houssameddine 3y ago
Have you considered Paddle, they offer custom pricing if you sell products under $10
- svjx 3y ago
  I had no idea about this. Thanks for the heads up!
- simlevesque 3y ago
  Well, the Pay-As-You-Go pricing has a base fee that's way over Stripe's price and the percentage is greater too. I'm curious how low they can reach but they'll need to be almost half their normal price to make any sense. For 1.50 it's going to cost 57.5 cents, which is 38%.

svjx 3y ago

Yea it's unfortunate that we lose so much to Stripe and definitely it's something to be weary of when creating your prices. That said, Stripe does provide an excellent service. However, I never put all my eggs in one basket. You will notice that our system doesn't use any of Stripe's fancy features. The fine print will show that they'll take extra cuts for each and every thing. We built everything from scratch and only use Stripe for the final payment processing. That way, if we ever decide to switch, it would be quick and painless ;)

darthrupert 3y ago
It's too bad how one of the interesting promises of crypto currencies was to facilitate micropayments. That clearly hasn't been delivered in any sensible form yet.
- LanternLight83 3y ago
  You can use crypto to pay eg. notable VPN providers, or to make all sorts of donations, but one of the issues facing crypto for a service like this is that you can't automate monthly payments (at least, not in a standardized and broadly compatible way). You always need to pay a regular invoice, pre-pay for a long period, or (in the best case) regularly top off a custodial wallet that cooperates with registered services and protégés on your behalf (eg. via some standardized smart-contract that hasn't been widely adopted yet). Stripe can just store your info and bill you monthly, but no one hands over their crypo wallet seed in the same way.

Houssameddine 3y ago

Have you considered Paddle, they offer custom pricing if you sell products under $10

svjx 3y ago
I had no idea about this. Thanks for the heads up!
simlevesque 3y ago
Well, the Pay-As-You-Go pricing has a base fee that's way over Stripe's price and the percentage is greater too. I'm curious how low they can reach but they'll need to be almost half their normal price to make any sense. For 1.50 it's going to cost 57.5 cents, which is 38%.