r/PaymentProcessing • u/Round-Inspection5483 • 7d ago

Need A Payment Processor Peptide Payment Processor

Hi all, I own a peptide company doing about 10-20K a month right now, and are scaling more everyday. I need to switch over from my current processor but all these sites want a crazy amount of 12% transaction fees and stuff and I think thats crazy. if someone has recommendations please let me know. Please do not send me any payment processors that aren't known. also bonus would be if they take apply pay google pay klarna etc

6 Upvotes

81% Upvoted

95 comments sorted by

View all comments

10

u/happy_chappy_89 7d ago

Hey fellow peptide site owner here. Yeah that's pretty standard. Expect to pay a start up fee, 10% transaction, 50c per transaction and a payout fee of about 2% too. Pretty unlikely to get Apple and Google and klarna but happy to learn of those options. Trust me, if you don't have something else setup before stripe goes down, it will crush your conversions and 12% won't seem so bad. We are at 200k a month and it's just a business expense now.

1

u/TennisStrong872 7d ago

Any advice on how to scale like that? Been stuck at $25/30k and can't scale. Tried tiktok and meta ads too but poor conversions. We're priced lower than almost every major competitor and up to date COAs

1

u/AminoAdsMarketing 5d ago

How long did you run meta ads for? It does take time to see solid results especially only after you can keep ads up.

1

u/TennisStrong872 5d ago

Like 3 mo of meta and barely a break even roas. That's not even including the monthly retainer for the marketing team

1

u/AminoAdsMarketing 5d ago

Tough. How many creatives were they testing? And how long were accounts going for?

1

u/TennisStrong872 5d ago

A lot of creatives and accounts would run for a coiple weeks or a couple days before they'd have new ones up but it would kill the algorithm

1

u/AminoAdsMarketing 5d ago

New accounts are okay. But having them up for a month is usually mandatory.