Hacker News new | ask | show | jobs
by kkilat 4347 days ago
Yep, that's Stripe's 2.9% credit card processing fee, and then 1% that we take.

Our goal in the future is to open up and accept other online payment options that have lower overall fees, as well though. We definitely want you to keep as much of the money you've earned as possible, and get it as fast as possible!

3 comments

You may want to make that clear somewhere on your website. I don't want to click "Try Now" before I can see the terms/pricing/etc
Thanks! That's an oversight on our part. We'll make that more clear in the next iteration of that page.
This service is worth 1% of my income? On top of 2.9% fees? For some reason, I have trouble believing that it'd be worth my while.
That's what we're hoping to prove. We've had early customers get paid in less than an hour (compared to 3-4 weeks). It was worth the 1% to them to get their money (averaging about $2,000) faster.

Now, with increased traffic and user from things like this Show HN, we're hoping to show that we can sustain those positive early indicators at greater scale.

Anything that supports ACH would be good for payments to agencies or consultancies which can often be $15-20k or more. I know Dwolla is one but I'm sure there are others.

It would also be nice to have the option to add the fee to the invoice rather than pay it out of gross. Meaning for a $100 invoice, add $3.90 to it so that I get $100 after all fees. Most clients would never go for that but on smaller invoices you can often charge reasonable processing fees.

Certainly wouldn't work for $400+ in fees, though :)

Great ideas! If everyone had a Dwolla account, it would be a wonderful thing. Instant payment transfer at low cost. That's the future we want to see. We'll layer on more payment methods over time so that folks can choose which method makes the most sense for them based on cost and speed.