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by gpl1 5523 days ago
Hi, the net 60 is just during the beta period and really there to combat fraud. I assure you it is not to help "bootstrap." We intend to lower it later to 30 days.

Edit: if you email us at feedback@pintpay.com we would consider lowering that number from 60 for approved/verified merchants.

2 comments

I see two problems with this strategy: a) New developers still see "60 days" and say "Fuck you!", you should emphasize the shortest available payment schedules on your site (make the "anti-fraud" period seem more like a short hurdle to get over) b) 30 days is still too long for verified publishers; while it's a reasonable "new account" rate (for after your beta period), if I'm verified and doing volume on your service, I expect Net-7 or daily.

But what do I know, I'm just a developer who's looking for a recurring billing platform for my indy service.

You raise some excellent points. I guess all I can say is this is just the messaging during the beta period for our initial users. We will definitely change/fix this messaging before launch though to address the issues you've raised. Once we verify/approve a merchant, we could definitely lower the time.

Edited.

The comments on this page (parent included, but not the only example) are amazingly snarky and I can't imagine the obscenity is necessary.

Negative feedback is perfectly valid and valuable. Sarcasm doesn't serve any purpose beyond making the poster feel superior (and the recipient feel stupid, or at the very least irritated).

Hold a 60 day rolling reserve (10%?) instead.