Topic: BTCpay Server: A Real e-Commerce Game Changer? - page 3. (Read 1128 times)
Does anybody have comments to make about their experiences using BTCPayServer?
It's definitely interesting, and I'll be staring/bookmarking this for future clients (as I have had this requested in the past).
I don't know if it's going to spell the end for services like BitPay; just simply because I know there's a huge sense of security when it comes to having a service hosted for you vs. you hosting it yourself; along with the fact a developer would most likely have to be hired to set this up.
Like others have mentioned, for the business owners who are willing to learn, it's definitely worth it.
I don't know if it's going to spell the end for services like BitPay; just simply because I know there's a huge sense of security when it comes to having a service hosted for you vs. you hosting it yourself; along with the fact a developer would most likely have to be hired to set this up.
Like others have mentioned, for the business owners who are willing to learn, it's definitely worth it.
Guys, you don't need to learn anything/pay anyone. If you don't want to bother at all, BTCPay also has Azure 1-click Deploy (Costs are about 15-20EUR per month, after fully deployed). Now tell me thats not more affordable than any provider. For 20EUR a month, no installation process (Simple click of a button) you can process as many transactions as you want with same compatibility as BitPay's API !
Sounds good to me but $20 a month for small businesses is something they might not want to pay unless they are assured of regular crypto income.
The one-click install is an excellent step forward though.
SetGetGo here, we added support Bitcoin Cash, Litecoin and Dash. We also adopted KYC/AML practices and moved away from our own wallets to Bip-32/HD wallets, so money goes directly from the client's wallet to the merchant's wallet (no middleman holding your funds!).
Furthermore, we improved our fixed-fee pricing structure to be flexible and way more predictable from the merchant's perspective and yet still completely independent of the amounts being processed:
Startups - Up to 100 transactions / month - Free
Business - Up to 1,000 transactions /month - $100
Enterprise - Up to 10,000 transactions /month - $500
Furthermore, we improved our fixed-fee pricing structure to be flexible and way more predictable from the merchant's perspective and yet still completely independent of the amounts being processed:
Startups - Up to 100 transactions / month - Free
Business - Up to 1,000 transactions /month - $100
Enterprise - Up to 10,000 transactions /month - $500
Interesting but the fact small transactions are part of the inclusive transactions package means that merchants could effectively be losing out by covering fees from their own pockets.
Can you clarify what you mean here? An example or two would help me understand your point and hopefully make changes on our side to improve our offering.
I mean if a merchant had 1001 transactions a month which were mini-payments that accumulated to be worth less than $500 but they ended up paying as a loss.
0.0001 BTC x 1001 transactions = 0.1001 BTC
0.1001 BTC = $380 today
SetGetGo charge for 1001 transaction at 0.0001 BTC = $500
Your scenario is purely theoretical, see average transaction volume on BTC network:
https://bitinfocharts.com/comparison/bitcoin-transactionvalue.html
That said, if the scenario you have conjured becomes the norm then we will facilitate it in a manner where our clients needs are satisfied (as we have done time and again in the past).
Very much appreciate the ideas though, thanks!
It's definitely interesting, and I'll be staring/bookmarking this for future clients (as I have had this requested in the past).
I don't know if it's going to spell the end for services like BitPay; just simply because I know there's a huge sense of security when it comes to having a service hosted for you vs. you hosting it yourself; along with the fact a developer would most likely have to be hired to set this up.
Like others have mentioned, for the business owners who are willing to learn, it's definitely worth it.
I don't know if it's going to spell the end for services like BitPay; just simply because I know there's a huge sense of security when it comes to having a service hosted for you vs. you hosting it yourself; along with the fact a developer would most likely have to be hired to set this up.
Like others have mentioned, for the business owners who are willing to learn, it's definitely worth it.
Guys, you don't need to learn anything/pay anyone. If you don't want to bother at all, BTCPay also has Azure 1-click Deploy (Costs are about 15-20EUR per month, after fully deployed). Now tell me thats not more affordable than any provider. For 20EUR a month, no installation process (Simple click of a button) you can process as many transactions as you want with same compatibility as BitPay's API !
Would this handle automatic updates as well? Because they would at least have to understand basic operation/maintenance of it once installed if not.
I don't think there are automatic updates (why would you let anyone push files on your server anyway ?), but I assume that everyone is capable of copy/pasting files from github...
It's definitely interesting, and I'll be staring/bookmarking this for future clients (as I have had this requested in the past).
I don't know if it's going to spell the end for services like BitPay; just simply because I know there's a huge sense of security when it comes to having a service hosted for you vs. you hosting it yourself; along with the fact a developer would most likely have to be hired to set this up.
Like others have mentioned, for the business owners who are willing to learn, it's definitely worth it.
I don't know if it's going to spell the end for services like BitPay; just simply because I know there's a huge sense of security when it comes to having a service hosted for you vs. you hosting it yourself; along with the fact a developer would most likely have to be hired to set this up.
Like others have mentioned, for the business owners who are willing to learn, it's definitely worth it.
Guys, you don't need to learn anything/pay anyone. If you don't want to bother at all, BTCPay also has Azure 1-click Deploy (Costs are about 15-20EUR per month, after fully deployed). Now tell me thats not more affordable than any provider. For 20EUR a month, no installation process (Simple click of a button) you can process as many transactions as you want with same compatibility as BitPay's API !
Would this handle automatic updates as well? Because they would at least have to understand basic operation/maintenance of it once installed if not.
It's definitely interesting, and I'll be staring/bookmarking this for future clients (as I have had this requested in the past).
I don't know if it's going to spell the end for services like BitPay; just simply because I know there's a huge sense of security when it comes to having a service hosted for you vs. you hosting it yourself; along with the fact a developer would most likely have to be hired to set this up.
Like others have mentioned, for the business owners who are willing to learn, it's definitely worth it.
I don't know if it's going to spell the end for services like BitPay; just simply because I know there's a huge sense of security when it comes to having a service hosted for you vs. you hosting it yourself; along with the fact a developer would most likely have to be hired to set this up.
Like others have mentioned, for the business owners who are willing to learn, it's definitely worth it.
Guys, you don't need to learn anything/pay anyone. If you don't want to bother at all, BTCPay also has Azure 1-click Deploy (Costs are about 15-20EUR per month, after fully deployed). Now tell me thats not more affordable than any provider. For 20EUR a month, no installation process (Simple click of a button) you can process as many transactions as you want with same compatibility as BitPay's API !
SetGetGo here, we added support Bitcoin Cash, Litecoin and Dash. We also adopted KYC/AML practices and moved away from our own wallets to Bip-32/HD wallets, so money goes directly from the client's wallet to the merchant's wallet (no middleman holding your funds!).
Furthermore, we improved our fixed-fee pricing structure to be flexible and way more predictable from the merchant's perspective and yet still completely independent of the amounts being processed:
Startups - Up to 100 transactions / month - Free
Business - Up to 1,000 transactions /month - $100
Enterprise - Up to 10,000 transactions /month - $500
Furthermore, we improved our fixed-fee pricing structure to be flexible and way more predictable from the merchant's perspective and yet still completely independent of the amounts being processed:
Startups - Up to 100 transactions / month - Free
Business - Up to 1,000 transactions /month - $100
Enterprise - Up to 10,000 transactions /month - $500
Interesting but the fact small transactions are part of the inclusive transactions package means that merchants could effectively be losing out by covering fees from their own pockets.
Can you clarify what you mean here? An example or two would help me understand your point and hopefully make changes on our side to improve our offering.
I mean if a merchant had 1001 transactions a month which were mini-payments that accumulated to be worth less than $500 but they ended up paying as a loss.
0.0001 BTC x 1001 transactions = 0.1001 BTC
0.1001 BTC = $380 today
SetGetGo charge for 1001 transaction at 0.0001 BTC = $500
It's definitely interesting, and I'll be staring/bookmarking this for future clients (as I have had this requested in the past).
I don't know if it's going to spell the end for services like BitPay; just simply because I know there's a huge sense of security when it comes to having a service hosted for you vs. you hosting it yourself; along with the fact a developer would most likely have to be hired to set this up.
Like others have mentioned, for the business owners who are willing to learn, it's definitely worth it.
I don't know if it's going to spell the end for services like BitPay; just simply because I know there's a huge sense of security when it comes to having a service hosted for you vs. you hosting it yourself; along with the fact a developer would most likely have to be hired to set this up.
Like others have mentioned, for the business owners who are willing to learn, it's definitely worth it.
In the unlikely event I were to start my own business, BTCPay Server is almost certainly the route I'd go. Better decentralisation, fewer middlemen and potential cost saving benefits as the icing on the cake.
I think if more people only realised this was an option available to them, the payment processors would have to start considering the long-term sustainability of their business model. Pretty much the only benefit they have left is the instant conversion to fiat. And if fiat does become less desirable over time as the global economy worsens, they'll have no advantage remaining.
I think if more people only realised this was an option available to them, the payment processors would have to start considering the long-term sustainability of their business model. Pretty much the only benefit they have left is the instant conversion to fiat. And if fiat does become less desirable over time as the global economy worsens, they'll have no advantage remaining.
Yes it seems the best way forward for those who have some tech knowledge rather than use 3rd party plugins
It's not fair to say this. Installing and supporting a product the likes of BTCPay is non-trivial. If you are a small merchant then you most likely do not have the technical expertise to do this, after all your business is your business and not maintaining BTCPay. No doubt, folks with significant technical expertise (I am assuming you are in this category) don't have a problem handling the ins and outs of running one's own node, installing BTCPay, debugging it, customizing it et cetera, but for mom & pop running a vape store it's an entirely different ballgame.
But for anyone who is prepared to learn, they'll save some money by cutting out the middleman. I see why you feel the need to defend your business model, but at the end of the day, there is a cost for utilising your service. You have to maintain a profit margin and that profit comes directly from your customers paying you to do something they could be doing themselves.
In the unlikely event I were to start my own business, BTCPay Server is almost certainly the route I'd go. Better decentralisation, fewer middlemen and potential cost saving benefits as the icing on the cake.
I think if more people only realised this was an option available to them, the payment processors would have to start considering the long-term sustainability of their business model. Pretty much the only benefit they have left is the instant conversion to fiat. And if fiat does become less desirable over time as the global economy worsens, they'll have no advantage remaining.
I think if more people only realised this was an option available to them, the payment processors would have to start considering the long-term sustainability of their business model. Pretty much the only benefit they have left is the instant conversion to fiat. And if fiat does become less desirable over time as the global economy worsens, they'll have no advantage remaining.
Yes it seems the best way forward for those who have some tech knowledge rather than use 3rd party plugins
It's not fair to say this. Installing and supporting a product the likes of BTCPay is non-trivial. If you are a small merchant then you most likely do not have the technical expertise to do this, after all your business is your business and not maintaining BTCPay. No doubt, folks with significant technical expertise (I am assuming you are in this category) don't have a problem handling the ins and outs of running one's own node, installing BTCPay, debugging it, customizing it et cetera, but for mom & pop running a vape store it's an entirely different ballgame.
This is not exactly true. I worked with BTCPay last week just to try it out, and you don't have to manage anything. Its designed to be a drop-in replacement for Bitpay, so any services working with Bitpay (ecommerce plugins, APIs etc) will also work with BTCPay.
SetGetGo here, we added support Bitcoin Cash, Litecoin and Dash. We also adopted KYC/AML practices and moved away from our own wallets to Bip-32/HD wallets, so money goes directly from the client's wallet to the merchant's wallet (no middleman holding your funds!).
Furthermore, we improved our fixed-fee pricing structure to be flexible and way more predictable from the merchant's perspective and yet still completely independent of the amounts being processed:
Startups - Up to 100 transactions / month - Free
Business - Up to 1,000 transactions /month - $100
Enterprise - Up to 10,000 transactions /month - $500
Furthermore, we improved our fixed-fee pricing structure to be flexible and way more predictable from the merchant's perspective and yet still completely independent of the amounts being processed:
Startups - Up to 100 transactions / month - Free
Business - Up to 1,000 transactions /month - $100
Enterprise - Up to 10,000 transactions /month - $500
Interesting but the fact small transactions are part of the inclusive transactions package means that merchants could effectively be losing out by covering fees from their own pockets.
Can you clarify what you mean here? An example or two would help me understand your point and hopefully make changes on our side to improve our offering.
In the unlikely event I were to start my own business, BTCPay Server is almost certainly the route I'd go. Better decentralisation, fewer middlemen and potential cost saving benefits as the icing on the cake.
I think if more people only realised this was an option available to them, the payment processors would have to start considering the long-term sustainability of their business model. Pretty much the only benefit they have left is the instant conversion to fiat. And if fiat does become less desirable over time as the global economy worsens, they'll have no advantage remaining.
I think if more people only realised this was an option available to them, the payment processors would have to start considering the long-term sustainability of their business model. Pretty much the only benefit they have left is the instant conversion to fiat. And if fiat does become less desirable over time as the global economy worsens, they'll have no advantage remaining.
Yes it seems the best way forward for those who have some tech knowledge rather than use 3rd party plugins
It's not fair to say this. Installing and supporting a product the likes of BTCPay is non-trivial. If you are a small merchant then you most likely do not have the technical expertise to do this, after all your business is your business and not maintaining BTCPay. No doubt, folks with significant technical expertise (I am assuming you are in this category) don't have a problem handling the ins and outs of running one's own node, installing BTCPay, debugging it, customizing it et cetera, but for mom & pop running a vape store it's an entirely different ballgame.
SetGetGo here, we added support Bitcoin Cash, Litecoin and Dash. We also adopted KYC/AML practices and moved away from our own wallets to Bip-32/HD wallets, so money goes directly from the client's wallet to the merchant's wallet (no middleman holding your funds!).
Furthermore, we improved our fixed-fee pricing structure to be flexible and way more predictable from the merchant's perspective and yet still completely independent of the amounts being processed:
Startups - Up to 100 transactions / month - Free
Business - Up to 1,000 transactions /month - $100
Enterprise - Up to 10,000 transactions /month - $500
Furthermore, we improved our fixed-fee pricing structure to be flexible and way more predictable from the merchant's perspective and yet still completely independent of the amounts being processed:
Startups - Up to 100 transactions / month - Free
Business - Up to 1,000 transactions /month - $100
Enterprise - Up to 10,000 transactions /month - $500
Interesting but the fact small transactions are part of the inclusive transactions package means that merchants could effectively be losing out by covering fees from their own pockets.
In the unlikely event I were to start my own business, BTCPay Server is almost certainly the route I'd go. Better decentralisation, fewer middlemen and potential cost saving benefits as the icing on the cake.
I think if more people only realised this was an option available to them, the payment processors would have to start considering the long-term sustainability of their business model. Pretty much the only benefit they have left is the instant conversion to fiat. And if fiat does become less desirable over time as the global economy worsens, they'll have no advantage remaining.
I think if more people only realised this was an option available to them, the payment processors would have to start considering the long-term sustainability of their business model. Pretty much the only benefit they have left is the instant conversion to fiat. And if fiat does become less desirable over time as the global economy worsens, they'll have no advantage remaining.
Yes it seems the best way forward for those who have some tech knowledge rather than use 3rd party plugins
SetGetGo here, we added support Bitcoin Cash, Litecoin and Dash. We also adopted KYC/AML practices and moved away from our own wallets to Bip-32/HD wallets, so money goes directly from the client's wallet to the merchant's wallet (no middleman holding your funds!).
Furthermore, we improved our fixed-fee pricing structure to be flexible and way more predictable from the merchant's perspective and yet still completely independent of the amounts being processed:
Startups - Up to 100 transactions / month - Free
Business - Up to 1,000 transactions /month - $100
Enterprise - Up to 10,000 transactions /month - $500
Furthermore, we improved our fixed-fee pricing structure to be flexible and way more predictable from the merchant's perspective and yet still completely independent of the amounts being processed:
Startups - Up to 100 transactions / month - Free
Business - Up to 1,000 transactions /month - $100
Enterprise - Up to 10,000 transactions /month - $500
I think that smaller merchants are still better off with some payment processor. Running a server with bitcoind is not cheap, especially on Azure. I guess you can find some cheap solution online for like 20$ a month but would you really trust that provider than...
On the other side, if you are larger processor with a lot of transactions each month, this will save a lot of money.
On the other side, if you are larger processor with a lot of transactions each month, this will save a lot of money.
Please also add Blockonomics - Pricing :1%.
We are direct to wallet/permissionless payment gateway and well known in the ecosystem
We are direct to wallet/permissionless payment gateway and well known in the ecosystem
I don't think BTCPay Server will be a valid replacement for third party payment processors.
Here it is the list of my thoughts resulting from my experience with BTCPay server:
- You need to configure and deploy, maintain and monitor the server by yourself. This is not as trivial as it may sound. You need to start he wallets, connect the job to the wallet and deploy everything.
- Even pushing everything on Azure VMs, you will still incur in Microsoft to sporadically restart the VMs/Cloud services/Web apps and this would potentially generate downtime and errors during the daily payments processing.From my standpoint, this is not acceptable for a payment processor service.
- You will still need to monitor/upgrade the Wallet(s) that BTCPay is attached to manage the payment requests.
Adopting a third party payment processor, all the points enlisted above are completely covered by the payment processor itself and that is not trivial. Obviously you will probably have to pay a service fee for this which depends by the processor itself.
I think instead, that what is important to consider when you chose a Bitcoin processor is what that processor really offers in terms of functionality set, fees applied, how reliable this processor is.
In the list payment processor enlisted, there are really well known processors like Bitpay, Coingate, etc, I see a processor I didn't hear about before SetGetGo. Interesting they apply a flat fee. As far as I can tell no other processors do that. The real question would be how reliable SetGetGo is.
Does anybody actually use SetGetGo for Bitcoin payments?
Here it is the list of my thoughts resulting from my experience with BTCPay server:
- You need to configure and deploy, maintain and monitor the server by yourself. This is not as trivial as it may sound. You need to start he wallets, connect the job to the wallet and deploy everything.
- Even pushing everything on Azure VMs, you will still incur in Microsoft to sporadically restart the VMs/Cloud services/Web apps and this would potentially generate downtime and errors during the daily payments processing.From my standpoint, this is not acceptable for a payment processor service.
- You will still need to monitor/upgrade the Wallet(s) that BTCPay is attached to manage the payment requests.
Adopting a third party payment processor, all the points enlisted above are completely covered by the payment processor itself and that is not trivial. Obviously you will probably have to pay a service fee for this which depends by the processor itself.
I think instead, that what is important to consider when you chose a Bitcoin processor is what that processor really offers in terms of functionality set, fees applied, how reliable this processor is.
In the list payment processor enlisted, there are really well known processors like Bitpay, Coingate, etc, I see a processor I didn't hear about before SetGetGo. Interesting they apply a flat fee. As far as I can tell no other processors do that. The real question would be how reliable SetGetGo is.
Does anybody actually use SetGetGo for Bitcoin payments?
In the unlikely event I were to start my own business, BTCPay Server is almost certainly the route I'd go. Better decentralisation, fewer middlemen and potential cost saving benefits as the icing on the cake.
I think if more people only realised this was an option available to them, the payment processors would have to start considering the long-term sustainability of their business model. Pretty much the only benefit they have left is the instant conversion to fiat. And if fiat does become less desirable over time as the global economy worsens, they'll have no advantage remaining.
I think if more people only realised this was an option available to them, the payment processors would have to start considering the long-term sustainability of their business model. Pretty much the only benefit they have left is the instant conversion to fiat. And if fiat does become less desirable over time as the global economy worsens, they'll have no advantage remaining.
CheapAir dropped Coinbase as their payment processor few days ago and decided to use BTCPayServer instead so we're definitely in the right path. It's just a matter of time until open source and decentralized projects will take over in the crypto scene, centralized services will become obsolete.
CheapAir probably dropped Coinbase because of the 1% fee that Coinbase charge but that is after the first $1 million in transactions if memory serves me correct.
I tested their service, CheapAir offer Bitcoin, Bitcoin Cash, Litecoin and Dash as methods of payment.
For Bitcoin Cash, Litecoin and Dash the QR code is genertated on https://gateway.gocoin.com
For Bitcoin the QR code is generated on: btcpayserver.cheapair.com
Seems like the team implementing the plugins are not making full use of the facility that BTCPay Server provides. Why on earth would they use two plugins, one that is effectively free (BTCPay) and the other (Gocoin) that they pay merchant fees to?
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