Hacker News Reader

Comment by giulianob | Hacker News Reader

I really want to use Stripe but it would be great if they had a more favorable pricing structure for microtransactions. Paypal, for example, will charge 5%+$0.05 or 2.9%+$0.30 (whichever is lowest) for digital goods transactions.

View on HN

They have a workaround here: https://support.stripe.com/questions/does-stripe-support-mic...

It mightn't suit your use case though.

Won't work since it's many customers.

This. You basically have to use PayPal or Amazon Payments when you're dealing with microtransactions if you don't want to lose up to 40% just in processing fees.

The workarounds with bundling transactions don't really work for my use case.

Incorrect! You can now use Knoxpayments.com and micro-transactions are free - enjoy!

Yeah, no. Does that site support credit/debit card transactions? Nope. ACH / bank transfer payments are a non-starter for many people and sites, and conversion rates are much lower.

I'm pretty sure the OP was referring to credit/debit transactions...

Just saying there's an option - and we've made ACH way better (I should have disclosed up front in the original post that I'm a founder) and increase conversions above and beyond CC's. It's also safer - nobody ever gets your info, it stays with your bank where it belongs. It's something to consider.

I think Knox with a fallback to Amazon Payments is a great stack for Micro if you want my opinion.

Looks pretty good. Except I assume it's only for US customers? We're based in Germany, where bank payments are more common than credit cards (because only relatively few people actually have credit cards).

https://www.paymill.com/de-de/pricing/

Too bad they don't allow crowdfunding.

Just us but can't wait to be in Germany!

Reply on news.ycombinator.com