Transaction Cloud Description
Transaction Cloud is used by SaaS companies around the world for global Payments, Sales Tax / VAT / GST compliance (collection, filing), and Subscription Management, Recurring Billing, Invoicing and Fraud Detection. It simplifies a SaaS companies payment, tax compliance, accounting and risk management process while providing high conversion rate.
Transaction Cloud uses its unique Singularity-Integration architecture which combines One-Directional-API, and One-Data-Cloud. This saves valuable resources as there is no cumbersome setup which is typical of webhooks based integration. As a result, the time and resources required for integration are reduced by 50%. Additionally, the points of failure and maintenance cost over the long run are significantly reduced resulting in a reliable, resilient, and efficient system.
There is no setup fee and their pay as you go pricing is the most competitive in the industry. Their support for multiple currencies, major credit cards, wallets (Apple Pay, Google Pay, Pay Pal) and fast interface results in high conversion rates.
In conclusion, it is a solid, customer centric, transparent, reliable and secure platform made exclusively for selling SaaS and digital products businesses.
Pricing
Company Details
Media
Authorized Reseller of SaaS
Product Details
Transaction Cloud Features and Options
Recurring Billing Software
Transaction Cloud User Reviews
Write a Review-
Likelihood to Recommend to Others1 2 3 4 5 6 7 8 9 10
Reliable business partner Edited: Mar 28 2022
Summary: Integration process in super fast and tech support is very helpful. Further taxation process is completely automated. Provisions are very transparent and pricing is easy to understand. Overall I can recommend using Transaction Cloud if you want to expand your business to worldwide in easy way.
Positive: Easy integration, good and quick tech support, low competitive fees, multiple payment methods, ease of worldwide taxation, transparent prices.
Negative: Everything works like expected, no issues detected after 10 months of usage.
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Likelihood to Recommend to Others1 2 3 4 5 6 7 8 9 10
Great service for SaaS companies Date: Mar 27 2022
Summary: Transaction Cloud helped my company/website to increase total sale by 20% by using many payment methods and great payment page design. They do all taxes and it helped to saves a lot of time and focus on main business operations.
Positive: - many payment methods including GooglePay and Apple Pay
- tax compliant
- simple integration
- multiple currencies
- weekly payouts
- fast supportNegative: - there are no major disadvantages. The company works fine.
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Likelihood to Recommend to Others1 2 3 4 5 6 7 8 9 10
Reliable and efficient platform for selling SaaS Date: Mar 27 2022
Summary: Overall I find their platform very reliable, user friendly and easy to integrate and maintain. Their customer support and tech support is also very responsive. They seem to strive harder as compared to their other competitors. The conversion rate was very good with their platform.
Positive: Especially made for SaaS and digital products.
Quick integration possible due to their innovative Singularity integration architecture.
Sales Tax, VAT, GST support globally.
Accepts almost 30 major currencies.
Accepts credit/debit cards, Apple Pay, Google Pay, PayPal.
Transparent and very cost effective.Negative: Only works for SaaS and digital products. It doesn't with products that are physically shipped to customers.
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Likelihood to Recommend to Others1 2 3 4 5 6 7 8 9 10
Fastest integration Edited: Mar 27 2022
Summary: Overall really solid customer support with blue prints on how to quickly integrate. It saved our team quite a bit of time in developing our own subscription management and invoicing system. Also, we didn't have to rely on other expensive solutions for sales tax / VAT calculation, collection and filing. Their support for ApplePay and GooglePay for subscriptions helped in maximizing our conversion rate. Overall quite transparent and lower pricing than the big companies. Seems like them being a newer company they save on cost and pass savings to their vendors.
Positive: Integration was a piece of cake as there were no web hooks to configure. With a simple plugin code on pricing page, api call in customers account page and configuration of products on Transaction Cloud's app, we were ready for testing. Testing was quick and easy, we followed the blueprints provided by Transaction Cloud's tech support team and we were ready to go live within a week. They being a smaller company as compared to others can afford to give a better price and they are also highly customer focused as compared to bigger companies.
Negative: The conversion rate with their hosted payment page was higher than the other option I was using but I wish it was configurable with regards to color as I think that would increase the conversion rate even more.
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The Transaction Cloud platform is especially developed for selling SaaS and digital products. It doesn't support any tangible products that are shipped to customers.