For Indian SaaS startups, alternative to Paypal for recurring payments?
The new directive from RBI has made Paypal an unviable option for SaaS product companies from India. What are other SaaS companies using currently and how has been your experience?
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I don't think Indian SaaS startups should worry about the $500/transaction limit imposed by RBI. That's pretty huge for SaaS prices.
If you indeed want, there are plenty of alternatives:
http://www.braintreepaymentsolutions.com/ , http://chargify.com/ , http://spreedly.com/ , https://cheddargetter.com/ , http://recurly.com/
Of these, Braintree looks most popular and is used by many big names.
Most of the alternatives you listed don't support Indian merchants last I checked.
Check out http://zaakpay.com/
Downside: they only work with INR based transactions. No global currency or even just US$ supported.
We had applied there to try it out as an alpha (beta?) tester but haven't heard back from them. I hope they launch soon.
Hi @lazy_nerd have you signed up on zaakpay.com? reach us anytime contact@zaakpay.com or +91-9971713461
yes, signed up on zaakpay.com a few months back. Thanks for the contact details. Will get in touch shortly.
AlertPay seems to be viable option. Anyone here has any good/bad experience with AlertPay?
http://www.2checkout.com/
thanks, revorad. Will try it out.
I'm not sure about this, but have you checked moneybookers?
thanks, cheae. I will definitely check it out.
Have you checked www.ccavenue.com/ ?
From what I read on quora, CCavenue is a pain to deal with for startups. Also, they don't support recurring payments.