No idea what his business model is. That said, my b2b saas company ran our first 5 customers with old skool paper invoices and checks, doing 6/12 month pre-pay. CC processing fee's can really eat into early revenue like this even.
what? stripe charges 3%. if your margins are beaten up so badly by small fees and you don't have have better things to do than bookkeeping, find another niche.
I think you'll also find that some companies don't want to go to your website and pay with Stripe (or anything). They enjoy the good ol' classic "send a check" method.
very, very few companies fit this description. So few companies want to send a check that id you're product requires it, you should be in
a different niche.
Well, I would say that I'm definitely not in a small niche. And can definitely confirm that most companies pay via check and Wire/ACH. Especially in the B2B world. B2C is a bit different where the company price point is low. For example, most software tools (IntelliJ, GitHub, etc) CC is more common. But for larger services where it may be many thousands a month, your claim does not seem to be the case from my experience.
Surely it depends on the business? It takes 30 seconds to raise and email an invoice and many big businesses will only work this way. CC processing is only generally necessary for B2C.