Spreedy Payment Gateway Cost ZERO Cent Per Transaction

Unlike other payment gateways (listen recurly, stripe), spreedy does not charge a % and minimal per transaction fee.

They have an annual plan $349/month!

0¢ per transaction!

Caveat: You must be a startup to enjoy that.

The definition of "startup" is by an honour system. No rules.

Otherwise, consider their Normal Plans. Not bad too, as they a per month subscription, and 20-40¢ per transaction. There is no % fee per transaction.

If I am a startup, I will go with Spreedy.

PS: First encountered Spreedy when I signed up with SaneBox - Add Sanity to your Crazy Email Routine.

Paymill, the new Payment API

Stripe is the hottest REST API for Payment.

It has now being cloned by the infamous Rocket Internet.

Paymill is the new API, and the differentiating factor now is that it supports Germany. Even it's documentation is in German.

The REST API for Credit Card Payment

You might thought Paypal API would be mentioned.

But no, it's Stripe, the new kid on the block.

It is so simple to charge to a credit card with it's 1 line of http request:

curl https://api.stripe.com/v1/charges \
   -u vtUQeOtUnYr7PGCLQ96Ul4zqpDUO4sOE: \
   -d amount=400 \
   -d currency=usd \
   -d "description=Charge for site@stripe.com" \
   -d "card[number]=4242424242424242" \
   -d "card[exp_month]=12" \
   -d "card[exp_year]=2012" \
   -d "card[cvc]=123"

Charges: 2.9% + 30 cents

Square COO: There’s no value in NFC, and not Square API yet

The COO of Square, a mobile payment startup, talked about NFC's zero value proposition, and claimed no merchant he talked to wants this NFC thingy.

He also said:

But don’t expect Square to be a platform or API any time soon — Rabois said that because they are trying to make the transaction as simple as possible, it might not lend itself to an open API.

So no open API yet as they try to redefine the product.

That is a correct strategy for any product that wants to become a platform/API. Make your product really simple and tuned for the market FIRST.