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re: Flat fee payment processing with BitPay

Posted on 10/7/13 at 2:43 pm to
Posted by foshizzle
Washington DC metro
Member since Mar 2008
40599 posts
Posted on 10/7/13 at 2:43 pm to
The $30/month deal is the personal plan, not sure why someone would bother unless they're a more natural fit for the business package anyway, which is $300/month.

And Square offers payment processing for a flat $275/month fee to small businesses. Still not worth it.

It may make sense for people/businesses already doing business in bitcoins. But for everyone else I don't see the value here.
Posted by WikiTiger
Member since Sep 2007
41055 posts
Posted on 10/7/13 at 2:51 pm to
quote:

And Square offers payment processing for a flat $275/month fee to small businesses. Still not worth it.


yea but Square has a $400 single transaction limit, and a $21,000 monthly transaction limit with their $275/month plan, whereas BitPay's $30/month plan has higher limits, and their $300/month plan has no limit on either of those

eta: plus you have to deal with chargebacks with Square. but not with BitPay

eta2: and with Square you only get swipe only



This post was edited on 10/7/13 at 2:57 pm
Posted by WikiTiger
Member since Sep 2007
41055 posts
Posted on 11/8/13 at 4:22 pm to
quote:

And Square offers payment processing for a flat $275/month fee to small businesses.


Not anymore: https://squareup.com/help/en-us/article/5191-monthly-pricing-discontinuation-details




Point: bitcoin
This post was edited on 11/8/13 at 4:25 pm
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