What is Transaction Cloud?
Transaction Cloud serves SaaS companies globally by facilitating worldwide payments, ensuring compliance with Sales Tax/VAT/GST regulations (including collection and filing), and managing subscriptions, recurring billing, invoicing, and fraud detection. It streamlines the payment, tax compliance, accounting, and risk management processes for these companies while achieving a high conversion rate.
The platform boasts a distinctive Singularity-Integration architecture that merges One-Directional-API with One-Data-Cloud, eliminating the cumbersome setup often associated with webhook-based integrations. Consequently, the time and effort required for integration are cut by 50%, while the long-term points of failure and maintenance costs are notably lowered, resulting in a robust, dependable, and efficient system.
With no setup fees and a pay-as-you-go pricing model that stands out as one of the most competitive in the industry, Transaction Cloud supports multiple currencies and major payment methods, including credit cards and popular wallets like Apple Pay, Google Pay, and PayPal, which contributes to its impressive conversion rates.
In summary, Transaction Cloud is a comprehensive, customer-focused, transparent, reliable, and secure solution specifically designed for businesses specializing in SaaS and digital products, ensuring that clients can effectively manage their financial operations with ease. Its commitment to innovation and efficiency makes it a leading choice in the market.
Pricing
Company Facts
Product Details
Product Details
Transaction Cloud Categories and Features
Recurring Billing Software
Transaction Cloud Customer Reviews
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Would you Recommend to Others?1 2 3 4 5 6 7 8 9 10
Reliable and efficient platform for selling SaaS
Date: Mar 27 2022SummaryOverall 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.
PositiveEspecially 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.NegativeOnly works for SaaS and digital products. It doesn't with products that are physically shipped to customers.
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Would you Recommend to Others?1 2 3 4 5 6 7 8 9 10
Fastest integration
Updated: Mar 27 2022SummaryOverall 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.
PositiveIntegration 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.
NegativeThe 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. -
Would you Recommend to Others?1 2 3 4 5 6 7 8 9 10
Great service for SaaS companies
Date: Mar 27 2022SummaryTransaction 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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Would you Recommend to Others?1 2 3 4 5 6 7 8 9 10
Reliable business partner
Updated: Mar 28 2022SummaryIntegration 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.
PositiveEasy integration, good and quick tech support, low competitive fees, multiple payment methods, ease of worldwide taxation, transparent prices.
NegativeEverything works like expected, no issues detected after 10 months of usage.
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