>* A merchant account and Spreedly for payments
Can you explain why you go this route instead of something like Stripe?
Can you explain why you go this route instead of something like Stripe?
2. Stripe costs more. I pay "interchange plus" which means a small markup over what Visa/MC/Amex charge to processors. A debit card can cost as little as 0.05% to charge, but Stripe will charge you 2.9%.
3. If Stripe goes out of business or decides they don't like my business, I'd lose my customers. Spreedly is a payment gateway agnostic credit card vault that lets me own the payment data and switch processors at will. If Stripe became cheaper or better in some way for me tomorrow, I could start billing my existing customers through Stripe tomorrow just by changing one token in my code.
I don't think this is true, Stripe always work with you to move customer data to another provider