Seems you need to use multiple providers and route payments depending on card type if you want lowest rates. For example, mollie is 2.5% for Amex but Stripe is 1.5% for Amex but or others it swings other way.

> Mollie for UK

- 1.2% + 20p for standard cards

- 2.90% + £0.20 for corporate and European

- 2.50% + £0.20 for Amex

- 3.25% + £0.20 for international

> Stripe for UK

- 1.5% + £0.20 for standards cards inc Amex

- 1.9% + £0.20 for corporate uk cards

- 2.5% + £0.20 for international within Europe

- 3.25% + £0.20 for International + 2% if fx conversion

[0]https://www.mollie.com/gb/pricing#psp-block

[1]https://stripe.com/gb/pricing. (scroll down for list)

Do you know of any EU payment processor that supports recurring payments like a SaaS would need (subscriptions, subscription state tracking, automatic retries of failed payments)?

I looked but couldn't find any. Adyen does not do this on its own AFAICT, only with 3rd party addons that implement recurring payments on top of it. Mollie claims it does this but is woefully incomplete (no failed payment retries for example), and appears to be all in on slop.

Interesting things. What is your opinion on Helcim (though it seems to be US/Canadian?) but your comment made me do a bit of digging because I think that I know fairly well about the server side of things but I still somewhat believed that stripe was the cheapest options in general. Thanks for making me get into this rabbit hole I suppose, I do like these rabbit holes though :-D

So do you have more information about normal payment processors in general which are more competitive than Stripe. The comment below by @khurs for example shows that Stripe is actually a bit cheaper than Mollie for Amex cards (which you respond with the point that most European demographic doesn't use Amex cards etc.)

but I am non-european, non-US so I have no skin in the game and I wish to support those which are mutually beneficial to me in terms of providing me a very decent deal and hopefully good support as well. So what do you suggest me some more resources about and would there be anything better than Stripe.

I absolutely know that AWS and others are so overpriced that I sometimes even used to wonder why people might buy it if OVH and Hetzner exists (before price increase, perhaps it can still be price competitive sometimes though)

But interestingly, I didn't believe the same for Stripe, so I am re-thinking my belief about Stripe and payment processing in general too (which to be fair, tangentially might also perhaps be the same way some people might feel about AWS). So I'd be curious to learn more! :-D

Edit: just did some more digging and as an Indian, we have UPI payments which there are some providers of but there is an option iirc for us to directly have a bank account and do a lot of payment processing so much more easier with UPI ourselves and basically pay 0% for Indian specific traffic as India heavily uses UPI (its really good to be honest!) and there are some providers like carefree/razorpay as well which can accept UPI on their side at 1.6-2% if you want API and are just starting out

But I am curious about accepting European/American/Canadian cards though. It seems that carefree/razorpay are recommended if targetting Indian markets and Helcim for American/canadian and Adyen/Mollie are recommended for European centric markets. So I'd be curious to hear your opinions about it.