How Did Dnsimple Limit Automated Clearing House Payments to the Yearly Business Plan After Larger Customers Refused Credit Cards?
On the show, DNSimple changed billing so larger customers could pay by ACH. A credit card was the only payment option in the early days. Bigger companies refused credit cards because procurement and billing follow a structured process, and ACH became a feature only at higher tiers.
In the early days, the only way to pay DNSimple was a credit card. As the years went on, larger companies said a credit card would not work and they needed to pay by ACH. A $5 a month plan paid by ACH every month does not work, because the bookkeeping alone is a nightmare. DNSimple limits ACH to yearly plans that exceed some amount in a year. ACH stays off a yearly professional plan and stays on a yearly business plan.
The speaker had no idea how larger customers would run procurement. Designing for the real constraint let DNSimple grow slowly into larger customers, rather than building every feature up front.
People
On this episode
- How Did Anthony Eden Get Introduced on Geek at Sea as the Person Behind Dnsimple About 10 Years After He Started It? Transcript
- How Did a Horrible Godaddy Interface and Constant Upsells in 2010 Push a Domain Veteran to Start a Registrar? Transcript
- How Did Nights and Weekends at Living Social Lead to a First Paycheck Near the End of 2012? Transcript
- How Did a Developer Niche Hold for 10 Years Beside Godaddy, Amazon Route 53, Google, and Microsoft Azure? Transcript
- How Did Anthony Eden Turn a Perl Alias Script Into an Erlang Name Server So a Naked Domain Could Point at Heroku? Transcript
- How Did Dnsimple Limit Automated Clearing House Payments to the Yearly Business Plan After Larger Customers Refused Credit Cards? Transcript
- Why Did a Mentor in Hawaii Say Not to Raise Money Unless One Dollar Could Turn Into Five? Transcript
Related episodes
- Submittable CEO talks startups, life, cancer and living in Missoula, Montana.
- Bryce Roberts. How Indie.vc is change the startup funding landscape for the better!
- Jason Schuller. Press75 and how a WordPress theme set an entrepreneurial journey in motion.
- Geoff Ralston on the future of education and technology.
- Jason Calacanis - Entrepreneur turned Investor shares his insight about success, hard work, education, and the future.
- John Cook. Joys and challenging of starting GeekWire.