Ask HN: How do you process payments ?, Hacker News

I use Paddle, because they handle the intricacies of international VAT which is getting more and more complicated. I’d love to use Stripe, but I’d have to use something like Taxamo in combination with it. Since I was one of their first B2B customers I managed to negotiate a good rate with them, otherwise they’d be reasonably expensive. I’ve been generally happy with them.

We use Stripe to process credit card payments and we’re adding support for ACH soon. Recently they made some changes to pricing (charging for Radar and non-US cards) that was surprising but otherwise they’ve been amazing. Great tooling support, great customer service and overall great platform.

I am also interested in this question but would also love to know the average percentage people are paying. It’s always been interesting to me how stripe (and the like) are basically a premium over less polished tools like Authorize.net but are able to charge as much as a percentage point more for basically the same thing.

I’ve built payment integrations my entire year career and have always appreciated how ease of use relates to cost, eg It’s hard to build tools as easy to use as stripe or Braintree, but I’ve wondered how these features play out when it’s so close to the actual money itself.

Authorize.Net is what we’ve used for online payments and our internal subscription processing for over a decade. API is easy to use. Never really had any downtime. Rates are competitive. No one has come along and given us much of a reason to change.

Multiple businesses but most common is direct wire transfer / bank transfer. The smaller business: generate invoices, send them to the customer, customer has a few choices, the only international ones are IBAN or PayPal (adds fees). Most common used is direct bank transfer. AVG transaction: € . Larger business: mostly commerce payments, over % is iDEAL (Dutch native payment system – does instant wire transfers between Dutch banks), the rest is either Apple Pay or by invoice / manual bank transfer. Some sub-0.1% uses Credit Cards but it almost costs more to keep it available than the revenue it generates. In all cases we use native banking APIs, no middlemen / broker / processors, except Credit Card. AVG transaction: € .

Pin Payments, for cards.

They have an Australian focus but global capability. If you use a scheme card for Fastmail, you probably paid via Pin Payments. Pin have a Stripe-like API but a small-team feel during contact ie we know one another by name, and when escalating a technical query I’ve had dialogue directly with a dev lead. I’ve even received hand-written Christmas cards from them. I live in mortal terror of Pin being bought by Stripe, or (worse) an Australian financial institution, with all the consequences for competence and customer service level that follow.

We also handle bulk / large payments via CS2 (the Aus equivalent of ACH, for Usonian readers), with handling fee.

We use MangoPay. The customer service or tech support isn’t as great as Stripe but they have a really intuitive model for marketplaces

Services work invoiced through Bonsai, typically paid via ACH with some credit cards mixed in. Stripe handles the ultimate money movement.
SaaS – mostly Stripe credit cards, with a tiny percent in PayPal.

At our price range (most invoices are $ (k – $ k and in the US), we generate and send invoices from Xero, our accounting software. Customers can pay via check, wire, ACH or Credit Card, and they typically do checks or ACH. For additional context: we automate customer service for ecommerce companies in the 728 – employee range. Payment methods vary depending on the company size, localization, sector, payment size, etc.

I create invoices using invoiceninja, which are payed via banktransfers mostly and via mollie payments for the smaller amounts.

This is usually an ideal payment in .nl, and various other payment methods in other european countries.

Every client pays via CC except one by check and one by ACH. We use WePay which is connected to Freshbooks. We eat the 3% charge or whatever it is. Avg order size of $ 2, 20.

How many payments have you processed? I thought Bitcoin died as a payment medium.
People have figured out that the overhead is only about $ 0. if you’re willing to wait, but most consumer apps don’t make it easy to default to the lower fee. (I haven’t looked into this for some time, so that last paragraph is a bit dated.)

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It is worth mentioning that today “you’re willing to wait” actually means just some minutes. I’ve actually started using BitCoin to pay for things recently and I was surprised to find out how easy and quick this actually is. This really is a no-bullshit electronic cash. No registration, no verification, no borders, quick and easy. I hope more goods and services are going to be offered for cryptocurrencies in future.