4 ms·
I currently use FastSpring to handle purchases of my software. What's the advantage to using Stripe instead of FastSpring?
by stevoski 14y ago
I currently use FastSpring to handle purchases of my software. What's the advantage to using Stripe instead of FastSpring?
- corkill 14y agoDepending on your volume a lot of cash. Fast Spring is 5.9% plus $.95 or 8.9% flat per order. Stripe 2.9% + 30 cents.
- sulife 14y agoChase Paymentech - ~1.9% + $0.15 <---- WINNER!
- davidandgoliath 14y agoStripe would end up costing an additional $20,000 a year or thereabouts for us. Due to their instant sign-up and almost instant approval however, they were the only option for a quickfix while we await chase or braintree to approve our applications. :) Love their UI & easy integration though.
- sulife 14y agoChase usually takes me < 24 hrs for VAR sheet...
- metadata 14y agoStripe allows you to charge customer on your site instead of redirecting her to other domain to fill out the purchase form. So, you lose track of your website visitor in a very important moment. If purchase never occurs, you have no idea why. On the other hand, with Stripe you have full control of complete purchasing experience, can experiment with various designs and flows - and measure everything. That enables huge gains with rigorous A/B testing, as Patrick explained.
- fastspring 14y agoDan, FastSpring’s CEO, here. That’s a good question. With FastSpring, you don’t lose track of your site visitors because we support cross-domain tracking. When a purchase doesn’t complete, you can see the order issues and resolve them as appropriate. You can experiment with various designs and flows because FastSpring order pages are highly flexible and customizable in terms of how the order flow can look, placement of various elements on the order page, etc. and A/B testing is supported. FastSpring all-inclusive, turnkey functionality is mainly UI based. Little coding is needed, it’s all there – functionality you need to launch and functionality you need to grow and maximize the business and its revenue. FastSpring pricing of its all-inclusive service includes the higher processing costs inherent in international transactions, Amex transactions, and certain alternative payment methods. Here are some advantages to FastSpring: FastSpring works with developers and companies located anywhere US companies are authorized to do business, handles global tax compliance and tax payment management including for VAT, enables end users to pay using their localized currency to avoid bank/exchange fees and a poor US/USD-centric user experience, provides an order page localized in 20+ languages, has PayPal integrated, lets you skip the PCI Assessment Questionnaire, offers fraud prevention, a built-in shopping cart, Google Analytics and marketing ad campaign tracking integration, an unlimited number of easy to setup post-order notifications, designs an order page to match the look and feel of the other pages of the developer’s website, offers merchandising features for cross and upselling to maximize the average order size and optimizer order conversion, built-in notifications, a future bill testing GUI, pre-bill notifications for annual subscriptions, reseller and affiliate management, user role mgmt. & change tracking, consulting for SEO/PPC/Affiliate marketing/Online marketing/order page optimization, one-time purchases in addition to recurring billing, among other advantages. Hope that's helpful with your comparison.