What is ProfitWell and what are its top alternatives?
ProfitWell alternatives & related posts
related Stripe Billing posts
Stripe Stripe Billing Vue.js
When I started building a SaaS from scratch, I adopted the Stripe Billing product for managing plans and subscriptions. At that moment (roughly a year ago) I did not fully realise that this was a new addition to the Stripe product line.
One year down the road, I can write this decision and support it with technical details on how I implemented Stripe Billing and integrated it with the Checkly backend.
Key takeaways are:
Keep coupling minimal. I hardcode our pricing and plans into the pricing page.
Choose good ID's and a good structure to segment product and pricing. This enables grandfathering customers and adding ad hoc new products.
Use one or two webhooks to keep things in sync. We use just one webhook.
See all details with code examples in the linked blog post.
related Chargebee posts
Running a subscription service with just direct calls to Stripe or similar payment gateways is possible but also needs dedicated person(s) for decent amount of development and maintenance.
Plus features like updating card details, invoice history - all these can be built. Again, more dev work and resources.
Use of subscription platform like Chargebee or Recurly is definitely a great help here.
Chargebee offered a simple pay-as-you-go transparent pricing and almost trivial signup process.
Dear StackShare Community,
I am seeking inspiration on creating a billing & subscription stack and came across this wonderful website and community.
From what I understood so far, I need something like Stripe or Braintree to collect payments without dealing with PCI compliance or setting up merchant accounts, etc... Additionally, services like Chargebee, Recurly, Chargify, etc. are said to make life easier when dealing with recurring billing.
Stated below, I've tried to give you some context on what I want to achieve. I am very curious about your ideas and how you'd configure an optimal stack.
Project context (very high level):
Loyalty program for local merchants (stores, restaurants,...).
Customers support their community and merchants by shopping local.
Merchants grant points to customers based on a customer's value spent in a store, restaurant, etc.
Customers can redeem their points at any participating merchant.
Billing / Subscription scenarios to be considered:
(affecting merchants only)
One-time setup fee
What: Merchant pays a setup fee by signing up for the service
Where: Order placed on the website
Monthly retainer fee
What: Merchant pays a monthly recurring retainer for the service.
Where: Order placed on the website
Manually initiated payment
What: Merchant initiates a payment to top up his virtual points wallet. E.g. pays 100 USD to top up 100000 points which then can be used by the merchant for granting points to customers.
Why: Points issued to members need to be paid for by the merchant. We first considered billing the merchants post-ante, e.g. monthly based on the points they've granted to their customers in the last 30 days, but this seems too risky: If they can't / won't pay we'd still have to pay out points to the customers (technically to the merchants where the customers redeem their points). Thus, the pragmatic idea to reduce risk by having the merchants to pre-pay for their points by topping up their balance.
Where: Web application (with the merchant logged in)
Nice to have: Opt-in for automatically initiated top-ups if a merchant's balance falls below a certain amount.
What: After every transaction (setup, retainer, top-up,...), we need to automatically issue and send (E-Mail) an invoice to the merchant.
Nice to have: Customer portal with all their invoices.
Other potentially relevant parameters
Currency: Only Euro
Country: Only Germany (so far)
Tax: Only one tax rate
Payment for setup & retainer: Credit Card; ideally SEPA Direct Debit (but that still causes headache due to the SEPA regulatory and risk of chargebacks still after weeks), PayPal?
Payment for top-up: Same as above plus any other that makes sense (Klarna, Sofort, PayPal...)
Again, thank you very much for sharing your ideas and thoughts! I'd highly appreciate any input :-)