Stripe Billing handles subscriptions and usage based billing now. Most software products fall in one of those two categories, or sometimes both. As a result, most software companies are paying more than 2.9% + $0.30 for Stripe, closer to 3.6% + $.30.
To only pay Stripe 2.9% + $.30 they'd need to only use Stripe just for charges, and either build their own billing engine (usually poor use of time) or use a 3rd party SaaS.
Ahhh so this is mainly for subscription software companies? That also did not come across.
As we approach Black Friday in the US, I'm thinking of the giant volume of e-commerce transactions that are not subscriptions (or usage-based), and of which Stripe gets a cut. It sounds like you are not angling for that part of the market?
Stripe Billing handles subscriptions and usage based billing now. Most software products fall in one of those two categories, or sometimes both. As a result, most software companies are paying more than 2.9% + $0.30 for Stripe, closer to 3.6% + $.30.
To only pay Stripe 2.9% + $.30 they'd need to only use Stripe just for charges, and either build their own billing engine (usually poor use of time) or use a 3rd party SaaS.
Ahhh so this is mainly for subscription software companies? That also did not come across.
As we approach Black Friday in the US, I'm thinking of the giant volume of e-commerce transactions that are not subscriptions (or usage-based), and of which Stripe gets a cut. It sounds like you are not angling for that part of the market?
Not in the immediate term at least. Our initial focus is deliver an amazing experience for software builders.