In late 2013 Google Checkout shut down permanently. This has left us with only Paypal as a payment option, and some members are unable to pay us using it (or do not wish to use Paypal). So, we need a new payment processor.

1. Goals

• Accepting payments from countries that paypal does not support
• Acceptable to members who hate Paypal

2. Candidates

List any payment processor you might want to support here. All options will be added to a poll, and the leading ones will be implemented.

2.1. Coinbase

• Overstock.com is accepting bitcoin, why aren't we? (Automatically converted to USD of course)
• Payment button support, so we could continue our manual payment processing (path of least resistance / fast implementation)
• fees: 1% + $0.15 for every ACH to our account
  • Really low! They are also waiving the 1% conversion fee from the looks of it. However, the fee is per ACH (for daily receipts) so we can't really associate it with any given member. With fees so low, however, we could simply enter the transfer fee as a general bill.

2.2. Stripe

• reddit uses them
• support recurring payments
• requires us to set up automatic payment processing
• fees: ...

3. Non-Candidates

These payment processors are not going to work.

• Square
  • Their online payment processing is for their digital market only
  • They only accept US credit cards anyway