Money March 24, 2020

Founders from No-Stripe countries: How do you process payments?

nadavram

If you are from a country that Stripe does not support, how do you process payments?

  1. 6

    Using paddle.com
    Pretty happy with them.
    Had a glitch on their side after verification (human error). Solved same day with a support email.
    They take around 5%.
    Easy to setup.
    Totally recommend.

    1. 1

      That 5% is a killer though... braintreepayments.com has nice rates and good product (quite close to stripe in terms of UX and integration possibilities), but they require verification in order to start using them

      1. 1

        5% is a killer.
        Elaborate please, it is not clear.
        Also can't find braintree's fee on their site.

        Paddle's verification was quite simple, took us 1-2 hours from the request to activation.

        Since our stage fee doesn't matter much – we stick with Paddle.

        Not saying one of them is better/worse though. Just sharing, that Paddle was super easy and quick.

        1. 1

          Yes I guess I should be more constructive than my first comment. My bad!.
          To be honest, I had a brief look of paddle in the past and i quickly dismissed it after seeing their charging. After seeing your message today though I decided to check them out again. Their offering looks quite nice afterall. They are super simple and fast to integrate with, and make the whole 'charging-clients' experience a breeze.

          My main issue was the '5%' charging they had. Braintree for example, charges (at least in my country - check Pricing on the footer of the page for yours) 1.9% + 30c /transaction (a few years ago, that 30c didn't exist!). In a 10euro transaction, this actually equals the 5% that paddle charges (I never did the math before!). So I refrain from my previous comment as it was misguided from the 1.9% without realizing how 'heavy' that 30c was on the overall percentage.

          Now, if you process higher value transactions (eg 20-50-100 euros ), that 5% quickly becomes a lot comparing to the 1.9% of braintree, considering you are processing a lot of volume. If not, I am inclined to say that the easyness of use, and verification process of paddle might actually make it a winner in my eyes.

          So I guess i've learned something new today! Cheers mate!

          1. 2

            Wow! thanks for a detailed comment!
            We both learned a lot new today!

            Wish you the best!

      2. 1

        Thanks for the tip. I agree that 5% is a lot!

  2. 2

    Stripe, its cheaper to make an LLC in US than in my country.

    1. 1

      For any foreign entrepreneurs looking for a similar solution, check out blook.io.

  3. 2

    PayPal business account. I located in Russia

  4. 1

    Too many alternatives of Stripe. See them:

    PayPal Payments Pro
    Google Wallet
    PaySimple
    BrainTree
    Skrill

  5. 1

    I use Paypal, I've used 2checkout before for about 2 years and currently using flutterwave because it links directly to my bank (I'm in Kenya btw)