from Hacker News

Ask HN: Cheapest Stripe Alternative?

by grimmfang on 1/4/15, 4:55 PM with 7 comments

Are there any cheaper services than Stripe to process charitable donations online?

If so please comment on API support.

  • by dangrossman on 1/4/15, 5:46 PM

    If you plan on accepting at least $3000 a month, PayPal becomes cheaper than Stripe. If you're going to be charging tens of thousands a month or more, then a merchant account with low interchange-plus pricing (that's a fixed markup over costs -- the interchange fees charged by Visa/MasterCard) is likely your best bet.

    You can use Dwolla or Balanced, or work directly with a bank, to accept donations by ACH (bank transfer) as well. They cost 10-25 cents per transaction, which is much cheaper than credit card payments.

  • by known on 1/4/15, 7:28 PM

  • by companyhen on 1/4/15, 5:07 PM

    I use PayStand, but there is a monthly fee. You can push the transaction fees to the customer though.

  • by pskittle on 1/4/15, 7:15 PM

    www.knoxpayments.com

  • by aioprisan on 1/4/15, 5:05 PM

    You mean any gateway? They all have APIs. i.e. Authorize.net, Cybersource