For Indian SaaS startups, alternative to Paypal for recurring payments?

Posted by lazy_nerd on Friday March 04, 2011 @01:58AM
from the self-post dept.

The new directive from RBI has made Paypal an unviable option for SaaS product companies from India. What are other SaaS companies using currently and how has been your experience?

( 13 comments | 15 points | on HN )

Re:For Indian SaaS startups, alternative to Paypal for recur... by dimmuborgir on Friday March 04, 2011 @04:00AM (#2287518)

I don't think Indian SaaS startups should worry about the $500/transaction limit imposed by RBI. That's pretty huge for SaaS prices.

If you indeed want, there are plenty of alternatives:

http://www.braintreepaymentsolutions.com/ , http://chargify.com/ , http://spreedly.com/ , https://cheddargetter.com/ , http://recurly.com/

Of these, Braintree looks most popular and is used by many big names.

[ Parent | on HN ]

Re:For Indian SaaS startups, alternative to Paypal for recur... by lazy_nerd on Friday March 04, 2011 @08:00AM (#2287875)

Most of the alternatives you listed don't support Indian merchants last I checked.

[ Parent | on HN ]

Re:For Indian SaaS startups, alternative to Paypal for recur... by ankeshk on Friday March 04, 2011 @02:13AM (#2287302)

Check out http://zaakpay.com/

Downside: they only work with INR based transactions. No global currency or even just US$ supported.

[ Parent | on HN ]

Re:For Indian SaaS startups, alternative to Paypal for recur... by lazy_nerd on Friday March 04, 2011 @02:22AM (#2287325)

We had applied there to try it out as an alpha (beta?) tester but haven't heard back from them. I hope they launch soon.

[ Parent | on HN ]

Re:For Indian SaaS startups, alternative to Paypal for recur... by zaakco on Tuesday March 08, 2011 @09:44AM (#2300975)

Hi @lazy_nerd have you signed up on zaakpay.com? reach us anytime [email protected] or +91-9971713461

[ Parent | on HN ]

Re:For Indian SaaS startups, alternative to Paypal for recur... by lazy_nerd on Thursday March 10, 2011 @02:48AM (#2308484)

yes, signed up on zaakpay.com a few months back. Thanks for the contact details. Will get in touch shortly.

[ Parent | on HN ]

Re:For Indian SaaS startups, alternative to Paypal for recur... by lazy_nerd on Friday March 04, 2011 @03:22AM (#2287455)

AlertPay seems to be viable option. Anyone here has any good/bad experience with AlertPay?

[ Parent | on HN ]

Re:For Indian SaaS startups, alternative to Paypal for recur... by revorad on Tuesday March 08, 2011 @09:56AM (#2301048)

http://www.2checkout.com/

[ Parent | on HN ]

Re:For Indian SaaS startups, alternative to Paypal for recur... by lazy_nerd on Thursday March 10, 2011 @02:47AM (#2308482)

thanks, revorad. Will try it out.

[ Parent | on HN ]

Re:For Indian SaaS startups, alternative to Paypal for recur... by cheae on Friday March 04, 2011 @09:41AM (#2288122)

I'm not sure about this, but have you checked moneybookers?

[ Parent | on HN ]

Re:For Indian SaaS startups, alternative to Paypal for recur... by lazy_nerd on Saturday March 05, 2011 @01:12AM (#2290945)

thanks, cheae. I will definitely check it out.

[ Parent | on HN ]

Re:For Indian SaaS startups, alternative to Paypal for recur... by europa on Friday March 04, 2011 @02:10PM (#2289344)

Have you checked www.ccavenue.com/ ?

[ Parent | on HN ]

Re:For Indian SaaS startups, alternative to Paypal for recur... by lazy_nerd on Saturday March 05, 2011 @01:12AM (#2290944)

From what I read on quora, CCavenue is a pain to deal with for startups. Also, they don't support recurring payments.

[ Parent | on HN ]