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That's the part I didn't get: he says he wrote this to replace three different processors. If Stripe is a payment processor, what exactly did he replace?
by reinhardt 13y ago
That's the part I didn't get: he says he wrote this to replace three different processors. If Stripe is a payment processor, what exactly did he replace?
- jknupp 13y agoSorry, the terminology is confusing. What I replaced are the digital goods checkout services (that use processors like Stripe in the backend). They help you manage and sell digital goods, by, for example, generating a unique token for each purchase so that every customer has a different download URL. Clearly, as seen here, they don't add much value.
- rahimnathwani 13y agoGumroad charges 5% + 25¢ per transaction. Compared with Stripe's 2.9% + 30¢, it's expensive, but Gumroad appears to do two things that Stripe doesn't: - Work out whether and how much sales tax to charge (which I guess should be easy if you operate in only one state) - Absorb chargeback fees This second one makes the 5% seem more reasonable.