licensezero / licensezero-questions

questions about License Zero
https://licensezero.com/questions
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Should licensezero.com support ACH payments for relicensing sponsorship? #3

Open kemitchell opened 7 years ago

kemitchell commented 7 years ago

licensezero.com currently accepts payment in just one way: via credit card, through Stripe. Stripe fees for credit card processing add a flat fee to a percentage of the total.

Stripe also supports ACH payments, with a fee structure that's capped at $5.00. ACH payments bring with them additional procedural requirements, notably verification and authorization. See Stripe's documentation for ACH payments.

ACH pricing is very attractive, but it's unclear how many relicensing sponsors could do ACH transfers.