Switching From PayPal to Stripe: Impact on Credit Card Decline Rates

Recently at Spreedly we had the opportunity to “drink our own champagne” (or eat our own dog food) as we switched from PayPal to Stripe and measured the impact on our credit card decline rates. As our customer’s know, we help online merchants and marketplaces minimize PCI compliance scope via secure credit card collection, tokenization and then routing that card for a transaction against your preferred financial partner. This could be a payment gateway or a third party […]

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Is Your Payment Gateway Good Enough?

By: Shoresh, Kwasi & Justin If your company or business accepts online or mobile payments from customers, you are probably familiar with the payment gateway (sometimes referred to as Payment Service Providers outside the US). Payment gateways play a vital role in payment processing: they can store and protect your customer’s’ payment information, usually work with several (but a limited number of) currencies, submit transaction information to payment processors, and report the status of the […]

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Why Spreedly when I just need a single payment gateway?

We get this question fairly often so let’s lay out the use case for why you might use Spreedly vs just going with a single payment gateway/merchant account. Spreedly customers generally fall into one of two categories. The first category are services that need to work with multiple payment gateways simultaneously. Let’s say you’re building the next Shopify or Freshbooks. Or you’ve built an elegant mobile platform targeting florists/plumbers/restaurants/sports stadiums. These folks want to use your […]

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