Stripe: Is anybody using this service

M

macman

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Mar 11, 2008
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Just ran across this platform looks pretty cool and might just give PayPal a run for its money. Plus it accepts bitcoin. Anybody using it?

Stripe.com
 


Stripe is A+ all the way around. Been using it for almost 2 years without issue.
 
If you're processing more than a couple thousand a month, their rates aren't great. You're giving up around 0.6 to 0.8 percent of all of your revenue by not using something else. The interface, features, etc, are great, so it might be a decent tradeoff at lower monthly rev amounts. At $50k/month, you're giving up $400/month.
 
Using it on Magento. Easiest and quickest way to integrate CC payments.

If you're doing volume there's cheaper alternatives, like rish3 said.
But in my store/country CCs only account for 10% of transactions.
 
rish3 said:
If you're processing more than a couple thousand a month, their rates aren't great. You're giving up around 0.6 to 0.8 percent of all of your revenue by not using something else. The interface, features, etc, are great, so it might be a decent tradeoff at lower monthly rev amounts. At $50k/month, you're giving up $400/month.
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$400 is around 4 hours of a good dev's time, IMO it's better to focus on improving the product, getting mroe customers etc, regardless of revenue levels.

I use stripe, it's easy to integrate and makes me money, +rep
 
Haven't heard this one before. What does it do besides accepting payments? Can you also buy things with this service?
 
OwenC said:
Haven't heard this one before. What does it do besides accepting payments? Can you also buy things with this service?
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No, It's only a payment gateway used to sell products and services. But you never know, they might just add that feature in the distant future.
 
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