1. Today we’re deprecating the Billing Starter plan (your current plan) and moving all customers to a single, comprehensive plan that includes all of Stripe Billing's features. Your pricing will change from 0.5% to 0.7% of Billing volume. However, we'll maintain your current pricing for one year, until June 30, 2025. Pricing of one-time invoices through Stripe Invoicing is unchanged.
2. We’re also introducing subscription-based pricing for Billing. This can make your monthly costs lower and more predictable compared to pay-as-you-go pricing. Learn more and switch plans in the Stripe Dashboard.
That's a 40% price increase. I've never seen such a drastic increase, not even from Paypal.
Eg US LLCs not owned by US residents can't get card acceptance.
> Eg US LLCs not owned by US residents can't get card acceptance.
Scale pricing was 0.8%.
Both plans were consolidated into a single plan which is 0.7%.
This is good news if you were a Scale customer and bad news if you were a Starter customer.
But now that they have market share they are seemingly becoming more greedy.
I think they are overplaying their hand. There's no reason that these charges should be %-based. And I'm almost certain for large enterprise customers they're not; there's probably custom negotiated contracts for those cases.
I hope we get more players in this space that can force them to be more competitive on pricing.
Of course. Go read Theil's "Zero to One" again.
For international card is 0.7%+3.9%=4.6% fee for payment!
A monthly plan: https://stripe.com/billing/pricing
Ranges from ~0.62% (up to $100k/mo) to ~0.57% ($1M/mo).
Yes as a user I don’t get chargeback disputes. That’s why I pay with crypto if I trust the vendor or if it’s for a small amount. Sometimes the savings even get passed to me. If I want protection, I use my credit card.
Stripe seem interested in this too given their push for crypto payments that’s supposed to arrive soonish. I’m curious how much of the savings will get passed on to users. But maybe it’ll just fizzle out again.