Bolt is — believe it or not — the world’s first end-to-end product for accepting payments online. By integrating the entire stack, we allow any merchant to provide dead-simple checkout to their customers with dramatically less cost and effort.
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Bolt has extremely bright individuals like Ryan and Eric who are the guys to get it done. They have also been hiring the right people onto their team to make growth sustainable.
Pros:
Great team
Cons:
It just took a long time for them to build
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Seem like it is an awesome product! Can you explain more clearly about end-to-end? And does Blot is applicable for the non-american user?
@denniszhu Thanks so much! My answer below may help (https://cards.producthunt.com/ca...).
Bolt is applicable to non-Americans. As a merchant you need to be ok with money touching a US or Canadian bank account. Otherwise, it's fully international for card acceptance, multi-currency, and 100% fraud coverage across the globe.
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Will this be available world wide? Or only to restricted countries? Also, do you have your own platform to receive payments or do you have to integrate with a third party like Paypal, Stripe, 2checkout etc..?
@montcroft Global expansion is a priority. Right now it's only available if you have a US or Canadian bank account, although we can instantly transfer from there to any intl bank. However, some intl companies for tax reasons don't want funds touching the US/Canada at all.
For card acceptance, we currently support any country globally and 50+ localized currencies.
We've built our own payments platform fully. No need for anyone else. Truly end-to-end.
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@ryanbreslow sounds awesome! You guys are gonna be up with the big guys in no time especially if you figure out the global expansion! Best of luck! And hope to try out your service some day.
cool product @ryanbreslow, We're a online travel agency specialized in cruises, stripe asked me a looot of paperwork after 1 transaction from a client in argentina, could you work with travel/cruise niche?
@schpn I think we can make this happen. Shoot me a direct email? rb [at] bolt .com? Thanks!
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WooCommerce integration would be fantastic. Maybe a version for businesses that do 5 - 6 figures a year via eCommerce?
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@aaronm They only want 6-7 so it cost efficient to use the Fraud prevention methods, that being humans supposedly. I do not see any innovation here but a fancy checkout form.
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@hpizzy Makes sense. The checkout form is legit, but I'm thinking something like Cartloom would be better for smaller businesses. Let me know if you know of any alternatives!
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@aaronm My recommendation is to use the following combination - Stripe/Braintree no revenue limitations - secondary offer Paypal and Amazon Pay - The fees are the same. Paypal and Amazon handle their own fraud prevention. Stripe and Braintree also offer builtin prevention.
The trend we are seeing from last 3 years.
Amazon Pay and Paypal transactions have been growing steadily as more users are using those vs standard credit card.
Products with high dollar value might benefit with Bolt - watches, jewelry, electronics and most of these sites are using older processing methods so they really need to switch.
As a developer, I don't have time to be an expert in every tool and platform, so I focus on the ones with the broadest coverage. Sadly, by effectively requiring an established business earning upwards of $1M/yr, it's not viable to launch an ecommerce business on Bolt, and that means it's not something I can afford to become familiar with and recommend to clients.
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Bolt has extremely bright individuals like Ryan and Eric who are the guys to get it done. They have also been hiring the right people onto their team to make growth sustainable.
Pros:Great team
Cons:It just took a long time for them to build
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