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Does Adyen requires millions in revenue before starting with them? EDIT: Looked in my email because I remembered contacting Adyen two years ago. They will refu
by NetOpWibby 3y ago
Does Adyen requires millions in revenue before starting with them?
EDIT: Looked in my email because I remembered contacting Adyen two years ago. They will refuse business with you if you're:
- In these specific industries[1]
- Not located within Adyen’s acquiring regions[2]
- Processing less than 5000 transactions a month
- Not using one of our partner platforms[3]
In my case, I did not fulfill their last two points. So like I said in the OP, Stripe will never have competition. Developers are able to get up and running fairly quickly. No one else seems to care about that.
[1]: https://www.adyen.com/legal/list-restricted-prohibited https://www.adyen.com/legal/list-restricted-prohibited
[2]: https://www.adyen.com/global-payment-processing https://www.adyen.com/global-payment-processing
[3]: https://www.adyen.com/partners/network https://www.adyen.com/partners/network
- dcchambers 3y agoDid you look into Paddle or Lemonsqueezy as well? They target smaller businesses.
- NetOpWibby 3y agoWith Paddle, you need to submit domains to be approved. Approval can take four business days. On their website approval screen: > Your website must link through to, or contain, your: terms of service, privacy notice and refund policy to be successfully approved. I haven't tried LemonSqueezy, I'll check them out. Interestingly, Paddle and LemonSqueezy have the same pricing: 5% + 50¢. EDIT: Seems like LemonSqueezy is for more suitable for digital goods like downloads. I don't see how I could use it for my domain registrar business.