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This is classic competition at work. Along comes Stripe that forces companies that are not asleep, like Braintree, to compete on price or innovation or some oth
by siculars 14y ago
This is classic competition at work. Along comes Stripe that forces companies that are not asleep, like Braintree, to compete on price or innovation or some other axes.
- fratis 14y agoWhen I was doing research on this for my startup a few months ago, we found that Braintree easily beat Stripe on price. This is just icing on the cake. Braintree's not as glamorous (I think), but if you're doing a large number of transactions, Stripe's 2.9% + 30¢/transaction is quite high.
- jusben1369 14y agoYour analysis is true although now Braintree's pricing is that of Stripe's - at least for startups who can't or don't want to spend cycles getting a stand alone merchant account. So it's good to make that distinction. I suspect the value with BT is that once you get real traction you can opt out of the more expensive rate into something more competitive - probably as soon as when you're doing a few thousand dollars per month.
- desigooner 14y agoDon't the rates match for Braintree & Stripe now?
- desigooner 14y agoDon't the rates match for Braintree & Stripe now?