Balanced payments is shutting down

Re:Balanced payments is shutting down by dblock on Friday March 13, 2015 @05:58PM (#9200347)

We are very sad to see Balanced go at https://www.artsy.net - we were an early and loyal customer. Balanced has been very good to us throughout the years. Thank you.

We've actually had some support for Stripe too for a small service, an experiment, but were going to delete it and continue using Balanced 100% of the time.

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Re:Balanced payments is shutting down by bkrausz on Friday March 13, 2015 @06:37PM (#9200540)

I'd love to hear why you were going to stop your Stripe usage. Totally understand if it was for the sake of consolidation, but if there were product needs that we weren't hitting it'd be great to know :).

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Re:Balanced payments is shutting down by popnfreshspk on Friday March 13, 2015 @06:47PM (#9200588)

Without pre-funding and escrow it's really hard to manage B2B relationships with the Stripe feature set. Ease of disbursement is a use case that made us choose Balanced over Stripe in the first place

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Re:Balanced payments is shutting down by Flipperbw on Friday March 13, 2015 @06:44PM (#9200575)

Lack of prefunding and escrow was/is a huge one for us.

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Re:Balanced payments is shutting down by dblock on Monday March 16, 2015 @12:34PM (#9212433)

Definitely consolidation. And we were generally happy with Balanced.

Lack of pre-funding/escrow was not a big factor, but I can see how it can become one.

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