Free for the first $1 million of recurring charges.
After that, 0.4% on recurring charges
Does this mean recurring charges don't carry Stripe's standard 2.9% + $0.30 charge? Or is the free at first/then 0.4% _on top of_ the 2.9% + $0.30 charge?
After that, 0.4% on recurring charges
Does this mean recurring charges don't carry Stripe's standard 2.9% + $0.30 charge? Or is the free at first/then 0.4% _on top of_ the 2.9% + $0.30 charge?
I love that they are constantly innovating, but every time they do, I have to refactor my product, and then decide how much of my current product's custom functionality can be replaced by Stripe. Then I have to decide if I want to double down on Stripe (at the peril of other integrations), or create a wacky payflow that acknowledges dozens of additional gateways.
I don't want a single product that does everything. I want a great product that does a few things really well. This is starting to kill my love affair with Stripe.
More and more I feel Stripe catering to the non-engineers who just want a simple workflow at the expense of customization.
I still dislike v3 for the fact it tries to push me to use their own interface.
I was happy hooking your library up to my form. I know I can "customize" it (change the css classes... wooo) but it completely replaced v2 with no way to get that functionality back.
I wish Stripe would have "full tricycle wheels, we charge a bunch" or "barebones, we get out of the way and charge you very little".
Edit: The answer is no.
This announcement has burnt through a lot of goodwill that’s accumulated over the years. Not cool!
Charges do carry the standard fee.
There are two different products, each with different pricing models.
Billing - tools to manage reoccuring subscriptions. Payments - tools to accept/charge a credit card.
Payments pricing: 2.9%+ $0.30 per-charge.
Billing pricing: 0.4% after the first $1M in reoccurring subscription charges.
"Free for the first $1 million of recurring charges." would actually be a better deal for early startups than their standard pricing of "2.9% + $0.30 charge".
Also, since they've migrated old subscriptions into this new "Billing" product, does that mean I'll start NOT paying fees on existing recurring subscriptions?
I'm game.
Stripe needs to decide if they are a b2b API, or b2c checkout and invoicing product.
The analytics/easy plan mgmt and email invoicing in recurly is something stripe doesn't have.
Would you advise against that ?
I was hoping that this signaled that Stripe was beginning to integrate that valuable featureset into the Stripe platform.