I mean, you even hide your docs behind a password? How terrible. What are you keeping so secret? Does this translate to your other business practices? Mental note made.
I mean, you even hide your docs behind a password? How terrible. What are you keeping so secret? Does this translate to your other business practices? Mental note made.
Docs are now fully public: https://docs.bolt.com/
Pricing varies depending on volume, risk, and a number of different factors given the complexity of payments (and that we're taking on full liability). But after a short call we provide a very simple flat rate with no BS. As much as we'd like to do one price, given the nature of our product, it's just not viable at this time.
Our fee ranges anywhere from a fraction of a percent to a couple percentage points. Companies selling $100k diamond jewelry (of which we have several) vs companies selling $100 bikes have different levels of risk.
Most importantly, we typically charge 1/10 the revenue we generate for our clients: https://bolt.com/case-studies. Everyone who's signed up is 10X ROI positive. For a small single digit percent they're making double digit percent more money.
On top of the Bolt Fee, we match processing, and that's about it.
Note: I mean this entirely unskeptically. I wonder how you pulled this off and I think it's a positive signal about your company that you did.
In payments, the MVP bar is high and we built like 4 companies in one (payment processor, fraud detection co, checkout platform, + more). So we had to raise a bunch, hire world-class people, and write code for a couple years before launch, all the while convincing investors that we weren't going to be another stealth-disaster-company. We then landed close to 100 customers while totally in stealth.
I'll be writing blog posts about how we did it -- from fundraising to recruiting to sales. It was 100 times harder than I ever imagined. But, it's made us stronger than ever.
It's such a great opportunity to show what your company is all about and win over skeptics.
Nice work rbres!
Now, let's do an interview with you on http://techzinglive.com because it sounds like you have a great story!
Send email to podcast[at]techzinglive.com if you're up for it ;)
p.s Thanks skrebbel for digging into that.
Will shoot ya a ping.
Soooo we're just winging it at the moment, because it's their job to provide it to us (as agreed upon). I'm pretty sure they aren't going to get that integration.