Creem: The payment platform that calls BS on hidden fees
(shipandsip.substack.com)9 points by John_McT 20 hours ago | 12 comments
9 points by John_McT 20 hours ago | 12 comments
John_McT 12 minutes ago | root | parent |
Gabriel made it really clear that the biggest reduction in fees will be for Europe-based founders. B/c a lot of current providers are US-based the Euros get nailed with international transaction fees.
Details are a bit later in the episode.
fl0id 20 hours ago | prev | next |
* subject to change at any notice, or once VC funds run out probably *
1oooqooq 20 hours ago | prev | next |
misleading. promise a payment processors saving on fees, but is really AI powered remarketing based on e-commerce metrics. lame.
imarkphillips 19 hours ago | root | parent |
What do you mean? Their marketing pages offer 0% rates for card acceptance
joshstrange 18 hours ago | root | parent |
It’s completely unclear if that means 0% after the normal CC fees or 0% total. Also it’s only up to $1K, after that you are paying 3.9% (again, unclear if it’s 3.9% total or after CC processing). A lot of companies in this space obscure the true cost of processing until you are already signed up and using it.
It’s almost as bad as the infrastructure monitoring companies that never even ballpark the AWS cost (on top of their SaaS cost) you will end up paying to use their service (aka CloudWatch fees).
fnord77 18 hours ago | prev | next |
Those smiley, shifty eyed evangelist types give me scammer vibes
19 hours ago | prev | next |
ksec 19 hours ago | prev |
[flagged]
19 hours ago | root | parent | next |
kasey_junk 19 hours ago | root | parent | prev | next |
Rather than cluttering up the threads with meta-commentary you can email hn@ycombinator.com.
19 hours ago | root | parent | prev |
rubymamis 19 hours ago | next |
Good, we need more competitors in this space. I'm using Lemon Squeezy and okay with it, but the fees are too high. There's also Polar that is new around the block. Worth checking out.