Re:Shopify says remove Stripe billing or get booted from the...
by deepstack on Thursday February 25, 2021 @07:24AM
(#26262097)
Why would any one use Shopify 20% instead of 3 -4 % of stripe? Sounds like Shopify is total rip off.
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Re:Shopify says remove Stripe billing or get booted from the...
by acjacobson on Thursday February 25, 2021 @07:32AM
(#26262133)
I think the 20% is the fee for Shopify as a whole, not the payment processing fee. Since payment processing is a small portion of what they offer at Shopify its not an apples to apples comparison with Stripe.
Re:Shopify says remove Stripe billing or get booted from the...
by imafish on Thursday February 25, 2021 @07:53AM
(#26262229)
Shopify does provide other qualities for the 20%:
- Seamless integration with the merchant billing system. I.e. free trial(s) are credit card up-front automatically, with zero friction for the user.
- "Free" marketing in the App Store.
- Access to paid advertising in the App Store.
Good partner support is just not one of them :)
Re:Shopify says remove Stripe billing or get booted from the...
by tgtweak on Thursday February 25, 2021 @07:35AM
(#26262147)
There is some confusion.
This is revshare of what the shopify partner bills the shopify store owner.
It's identical to apple charging developers a revshare of payments billed through the app store.
Not saying it's good here, just clarifying that it's not card processing fees, it's platform fees + billing fees.
Re:Shopify says remove Stripe billing or get booted from the...
by mehphp on Thursday February 25, 2021 @07:33AM
(#26262137)
Yeah it sucks, I just think of it as the marketing fee. I have done literally zero marketing other than put my app on their store and it has been selling for 6 years now.
As of now, the app pays for the mortgage, car payment and then some so I can't complain too much I guess.