Comment by mattfrommars
4 days ago
But who actually processes payment? Is it stipe, bolt or some other payment processor?
How can any of this work without dealing with credit card payment processors
4 days ago
But who actually processes payment? Is it stipe, bolt or some other payment processor?
How can any of this work without dealing with credit card payment processors
Calling it a payment processor is a bit of an issue. The term "payment processor" has a very specific meaning in the world of online payments, and this isn't it.
This is a frontend for Stripe, so it's even a bit of a stretch to call it a Payment Service Provider. Payment gateway maybe, but really it's a Stripe frontend.
Under the hood we are using Stripe to process the payments, but you set up a Stripe sub account through our platform using Stripe Connect
I was wondering what the catch was, seemed pretty lightweight to be a payment processor. My first thought reading the setup guide was "what no HSMs?"
how much fee do you take
We built our own billing engine so the total cost to you is .65% (on top of the normal 2.9%). By comparison Stripe Billing costs .70%
Only stripe?