Payment Processor with EMI payout

[Lurence]

looking for a easy to set up payment processor for a website.

Want to be able to payout to EMI

Ideally want to apply/set up with darks where possible..

Any suggestions or experience.

 

[franzel]

Stripe - easy to set up...but a freak*** mess after a while

 

[Lurence]

Stripe - easy to set up...but a freak*** mess after a while

Yes ive used these before like you said they can be a pain after a while.... You know any alternatives to them ?

 

[negon]

have not heard anything bad so far from them...

 

[Aleksandr Prilepa]

Stripe - easy to set up...but a freak*** mess after a while

What issues have you had with Stripe after long-term use? I know they don't like some business models but if you're running a legit model and don't have many CB's then should be fine.

 

[Lurence]

have not heard anything bad so far from them...

Ive had a account closed without much of a explanation but i think the real reason was they did not like the set up : /

 

[Aleksandr Prilepa]

Ive had a account closed without much of a explanation but i think the real reason was they did not like the set up : /

Did not like the set up? Can you elaborate?

 

[franzel]

What issues have you had with Stripe after long-term use? I know they don't like some business models but if you're running a legit model and don't have many CB's then should be fine.

Like you mentioned, Stripe struggles with some business models. It is also kinda depending on the relationship manager you´re facing. Had for the exact same business but with two different companies the problem that they cancelled the contract for one after a few months. Reason: business model does not comply with their regulations and so on... but the other company is still active and running smooth with stripe.

2nd, Stripe struggles a lot with their afs. If you´re in a fraud focused sector there will be a lot of fee´s, since Stripes management of fraud transactions is quite bad. As a vendor you´ll face a lot of problems here. I was in a discussion with them for almost 6 month concerning fee´s about 8k€ that could have been avoided with a decent afs.

Still Stripe is easy to set up and it can run very smoothly.