ChaChing
Cut Stripe’s billing fees in half & keep Stripe for payments
729 followers
Cut Stripe’s billing fees in half & keep Stripe for payments
729 followers
ChaChing gives you Stripe Billing’s features at 50% less while maintaining your processing with Stripe. Manage subscriptions and invoices with ease and save thousands per year!
This sounds very good! I'm just wondering, how do you manage to provide this service without the fees?
ChaChing
@thomasp0 Hey Thomas, we do charge fees. You can see our pricing starts at 0.35% of processing volume. Compared to 0.70% of Stripe Billing.
@adrian_rodriguez14 I see thanks for the clarification! I guess I'm wondering how you cut the fees by half while still using stripe? and congrats on being #1! Great launch!
ChaChing
@thomasp0 Hey Thomas, this is a common misconception. Stripe processing and Stripe billing are essentially two separate businesses. You can still charge people on Stripe but the invoices and subscriptions can be handled externally. We decided to piggyback off that structure and allow you to save money from the Stripe Billing portion while continuing your processing on Stripe. Peace of mind and savings all in one haha. Thanks for the support on the launch, we didn't expect to receive so much feedback and support.
Congrats on the launch. How does it actually work?
Congrats!! Right now US only?
ChaChing
@saaswarrior Hey Ankit, US only for now. The only reason we aren't supporting global businesses yet is because we are using Plaid and a US based ACH company to charge for our fees haha, once we can enable another way to pay for our fees we will enable global businesses in the next couple of weeks.
Product Hunt
ChaChing
@curiouskitty Hey!
First you provide your stripe keys in order for us to import the subscriptions and dependancies(Prices, Products, customers, tax rates etc)
Second, we import the data async while you finish the onboarding process which includes branding for your hosted pages to replace stripes hosted pages.
Third, once all subscriptions are imported we cancel them on your stripe account to avoid double charges and set the next charge based on their billing cycle. (Some edge cases around open invoices is also handled)
Lastly, we require you to update your existing hosted pages including the customer portal links used for creating or updating subscriptions and your team would need to update all the endpoints previously connected on stripe. That way the next customer that subscribes on your platform is now calling our endpoint for CRUD actions.
We are rolling out webhooks in the next 2 weeks, I know most companies will need to receive events for their business logic but I just wanted to get the product in front of people and receive feedback.
Hi Adrian, our product is connected with stripe for payment, they charge us 2.9%+0.3/order. Our customers buy tickets from us for the events they want to go. In this use case, how can we work with your platform?
ChaChing
@tyler_tian Hey Tyler, do you send them an invoice or do any customers have recurring charges? Chaching is really replacing the Stripe Billing portion of it, not the processing.