What's the easiest & cheapest way to set-up recurring payments to charge your customers?
I'm planning to launch a SaaS, and I'm still researching the available options for charging my customers monthly.
So far, I've found PayPal Recurring Payments and Stripe Subscriptions. Here's a blog post explaining the differences between them: https://memberful.com/blog/stripe-vs-paypal/
I'd love to hear your thoughts on this. I'm going to launch the very first (and early) version of my "SaaS" next month, which will earn less than $50/mo. Using PayPal seems to be too expensive for me, as I also need to pay for my servers.
Thanks a lot! Cheers!
I use Chargebee + Stripe for hosted checkout subscription pages on Studiotime (example at studiotime.io/subscription). Nothing but great things to say about Chargebee and I believe they still offer first $50k free for bootstrap startups.
Chargebee looks really neat! Thanks for the suggestion!
Took me a minute to find but an IH launched a service recently based around Stripe that may be useful to you.
https://www.indiehackers.com/product/workorder
@geetfun is the creator.
Stripe is great for payment processing.
I'm a little biased, but you should consider Cheddar's billing platform to use with Stripe. You should be able to get up and running with subscription payments + management in as little as a day. Take a look at our API and let me know what you think.
You can use both Paypal with us, too.
We charge $0.30/transaction for the first 1000 transactions. After that, we also charge $99/month, but the assumption is you're making enough $$$ that the cost of our platform is worth it. I'm guessing you won't hit that transaction limit anytime soon if you're planning on earnining <$50/mo.
At LambdaTest.com we use Stripe for recurring user payments.
And pricing is also quite good. You can try it out.
I'd say use Stripe Subscriptions, then later on when you have time add PayPal subscriptions as well, because some prefer those.
I use both and used to use a middleware, but eventually cut them out in favor of a direct integration, and wished I'd done that from the start. Turns out Stripe subscriptions aren't that hard to integrate, especially if you have a simple case like mine where you just charge a single price to everyone each month, and I'd rather do something else with that $100 - $200 / month a middleware might charge.
I'm curious too. Keep the recommendations coming.
As far as ease of use I love Moonclerk.
https://www.moonclerk.com