- Wide range of payment modes - One can manage subscription completely just by utilising stripe's API. - Just integrate customer dashboard provided by stripe, and customer would be able to access, update all their personal details. - Stripe takes off the burden of PCI compliance
- Only thing that i donot like is its high per transaction charges.
I am working in Saas company, we need to develop mechanism to charge our customer based on data point consumed and also on the basis of plan tenure opted. Stripe have inbuilt mechanism to track billing based on both scenario. This have helped us to go live within a week.
I like how simple it is to get reports and the automation.
There's nothing I dislike that I can think of right now.
It allows us to charge users' credit cards and have it be automated. It saves us time.
It is easy for accepting multiple currencies and having the amount automatically converted and deposited into my bank account.
It can be difficult to calculate the cost of the transaction and there are some fees that I wasn't expecting based on using invoices.
It allows me to accept both CAD and USD payments easily. The payments are instantly converted into CAD and deposited directly to my bank account.
Overall the UI of the system is very modern and easy to use. It is also easy for my team when it comes to using it for bank reconciliation. Stripe's recurring subscription for billing clients has made all late payers pay on time. It is like a dream come true.
Stripe has no way of telling if someone viewed an invoice. Xero has that. Something like that would be great. Also, fee is a turn off, i hate to see money deducted for card processing as well as for invoice itself.
Biggest problem stripe billing is solving would be the fact that it is allowing for customers to have a easy to use payment page rather than a phishy looking page that requires signup like paypal or payoneer does which makes it conplicated to satisfy clients. Also, the all in one ACH is a great feature.
Support has been amazing and it's the best part of the Stripe experience.
They should have more programs with better pricing for small business that process small amounts of sales a month.
"Y" payments is the main thing we use Stripe Billing for.
The three things I like best about Stripe Billing are: 1) The UI dashboard. Stripe has a full-featured web dashboard that I can use to manage all of the customer data, subscriptions, coupons, etc. Having to build this ourselves would have been very expensive and it's not the sort of thing you want to get wrong. 2) For devs: the API. Stripe has some of the best API documentation in the business, and there are a lot of third-party software options that integrate with it. 3) The mobile app. Similar to the web dashboard, though not as fully featured. The mobile app makes it easy to check in on things and do certain tasks.
The additional cost of using subscriptions on top of Stripe's fees is a little painful, but ultimately worth it in other ways (ease of use and reliability). There are probably some competitors to use where you could save some money, but you have to ask yourself if it's really worth it in the long run in terms of production and opportunity costs. I've also found that their live chat customer service isn't as good as it was years ago when Stripe wasn't as big as they are now.
We have a recurring subscription-based business and Stripe Billing has been a reliable and cost-effective partner to manage the subscriptions and accept credit card payments.
It's really easy to use and the platform made it comfortable for me and collegues to understand.
I dislike the fee option. The fee could be a little cheaper.
No problems so far but benefits that we love is how customizable everything is.
The cost effective payment processing API that can be easily implemented within mobile and web based applications.
There has been times in the past where the response time has been slow, but I think Stripe has came a long way in the past few years.
Since moving from PayPal Braintree to Stripe, we’ve saved thousands of dollars in transaction fees. Also being able to query previous transactions through an API allows for transparency in finding what works best.