Hi folks -- as Edwin points out elsewhere in the thread, the article title isn't accurate. (I'll update or delete my comment if it's fixed.)
[Update: it was changed. It used to read "Stripe is now charging 0.5% more for recurring charges."]
You can happily make recurring charges yourself and no additional fees are incurred. Lots of Stripe customers do this and we don't charge anything extra for it.
If you decide to use Stripe Billing, which is a separate product, we charge for that. Stripe Billing's pricing hasn't changed in a few years. What's changing is that we're ending the several-year grace period where we didn't charge anything for Stripe Billing for businesses who started to use this functionality before 2018.
Charging for Billing helps us fund a lot more investment in it -- we've gone from very basic cron-like functionality to a pretty full-featured subscriptions management tool. (You can read more at https://stripe.com/billing.) Billing is now sophisticated enough that companies like Slack and Atlassian are using and paying for it. We've built things like "Smart Dunning" (which improves revenue recovery for failed charges by about 14%), better analytics, international payment method and invoicing support, and a whole host of other features. There are now more than 30 people working on improving Billing.
Importantly, Stripe Billing is (and will remain) significantly cheaper than most of the other competitors in the space.
Patrick, i am trying to build a partnership with you guys and can't get anyone to contact me back. We are a venture backed startup in the veterinary telemedicine space - how do I get in contact with someone senior to explore an enterprise level partnership?
Hi folks -- as Edwin points out elsewhere in the thread, the article title isn't accurate. (I'll update or delete my comment if it's fixed.)
[Update: it was changed. It used to read "Stripe is now charging 0.5% more for recurring charges."]
You can happily make recurring charges yourself and no additional fees are incurred. Lots of Stripe customers do this and we don't charge anything extra for it.
If you decide to use Stripe Billing, which is a separate product, we charge for that. Stripe Billing's pricing hasn't changed in a few years. What's changing is that we're ending the several-year grace period where we didn't charge anything for Stripe Billing for businesses who started to use this functionality before 2018.
Charging for Billing helps us fund a lot more investment in it -- we've gone from very basic cron-like functionality to a pretty full-featured subscriptions management tool. (You can read more at https://stripe.com/billing.) Billing is now sophisticated enough that companies like Slack and Atlassian are using and paying for it. We've built things like "Smart Dunning" (which improves revenue recovery for failed charges by about 14%), better analytics, international payment method and invoicing support, and a whole host of other features. There are now more than 30 people working on improving Billing.
Importantly, Stripe Billing is (and will remain) significantly cheaper than most of the other competitors in the space.