We're looking for a payment gateway with a robust and dependable API. We will be accepting recurring payments for premium plans on our website, preferably in as many regions as possible.
While looking for Stripe alternatives, we found Adyen, which seemed like a viable option - we would love to hear your thoughts!
I appreciate your time reading this message and hope to hear back from you about your experiences with payment gateways!
I would recommend Stripe because it has a feature called Billing which is built for Premium plans. While adyen has more Payment Options, Stripe has lesser charging rates per transaction. But this also depends if your product is available worldwide or to specific nations. If you want to go worldwide, I would recommend Adyen as It is scalable. If you want to go for some specific nations Stripe will be better and easier to integrate but Stripe will also be great if you are worldwide.
Hey, Aura! Our goal is to have our plans available to anyone, so having payment options worldwide is very important. We will definitely take your words into consideration when deciding. We appreciate your time getting back to us. Have a great rest of your Sunday!
Question for you: Where will you be running the transactions through? Will they be done in each country separately or done domestically? The reason I ask, Payfacs (i.e.: stripe, braintree, square, etc) charge two extra transactions if the processing is done domestically. The first being on an international card 1% and the second being in a currency other than your home country's currency 1%.
Great question! We'll be handling most payments through the US. We don't necessarily mind the extra fees of having it done domestically. I appreciate the insight!
Thanks for the quick response. While Stripe is the big name out there, they also charge 2.9%+$0.30 per transaction for US only cards, by adding in the international transactions, that can go as high as 4.9%+$0.75 per transaction (or more if you're considered high risk). I know braintree just reduced their transaction rates to 2.49%+$0.25, or if you're open to it, I work with Shift4 and I've been doing 2.35%+$0.00 with my clients.
No worries, Kane! This is all really valuable information, I will definitely bring this up with the team! Thanks again!
Absolutely, please feel free to ask any questions at any point.
