@Startup Forum – Payment Gateway Recurring Payment tool, Revenue Model..and more

September 3, 2009
By sinha

Few entrepreneurs need your inputs:

Payment Gateway (Recurring Payment tool)

Qn: Can you please help me with some payment gateway service with recurring payment tool (Paypal sucks big big time). [discuss here]

Revenue model for Early stage startups?

Who we are – a early stage startup..which is building a product in embedded systems space.. The challenge right now – we need funding and most of the investors ask us ‘whats your revenue model etc..’ we do understand this space..and being geeks, we need a senior guy to look at the biz (me+founder has only 3-4 yrs of work ex)…so here is the qn — w/o getting a senior guy who knows the 360 degree of the industry..how do we secure angel fund’? After talking to 3 angel investors, I am grappling with the diff btn angel investor and a VC..[that's another topic..but please share your experience with the earlier problem statement]. – Discuss here

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               About the author - Ashish Sinha is a Startup Mentor/Product Strategy Coach, and the founder/chief editor of pluGGd.in. He has launched/managed couple of products (consumer as well as enterprise) in US and India, and now consults with startups/small businesses on their product/media strategy. He can be reached at: ashish (at) pluGGd.in [+91 98452 06443]

4 Responses to “ @Startup Forum – Payment Gateway Recurring Payment tool, Revenue Model..and more ”

  1. raju venkat on September 4, 2009 at 8:25 am

    The payment gateway system in the country is a mess. can’t explain in words how terrible it is. The entire internet goof up in India is because of the sad payment receipt system. shittiest of services with pernicious pricing. Sad state of affairs. what more to say.

    • Merwan Irani on October 12, 2009 at 5:45 pm

      Mr. Pessimist,

      Try CCAvenue. They have 50+ payment options and their pricing starts at 3% (or lower if you have good volumes). I am using them for last 6 years and they are better than PayPal and all the other indian gateways put together.

      Regards,

      Merwan.

  2. Nilesh on September 4, 2009 at 9:54 am

    @raju venkat

    which also means there is a huge opportunity here to fix the mess and make a killing! :)

    cheers
    nilesh

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