4) Have we tested our platform on real life startups or customers to claim that 7 business is really possible despite Covid19? YES, we are consistently getting paid clients, 100% delivered in 7 to 9 business days including bank accounts and debit cards.
30 minutes. Customer #2 was at 60 minutes. But I had been hyping up the specific launch date and time for a while. But it snowballed pretty quickly. Haven't had a day without a sale since launch.
3 months is indeed a long time for us to have to wait for revenue. However, it's good for users because if they get to the 100 transaction limit, it means that they use it, which means that they get value out of it and would be more willing to pay to continue to use it.
Or at least that's our line of thought.
Also, it takes at least a month of transactions to be able to look at stats and get some insights from your spendings.
For existing users, we'll set the transaction counter at 0 (zero) when we launch this. Also, we are thinking of offering them 50% lifetime discount.
Informative post, I can confirm a lot of the same experiences and frustrations except we had a much different experience with timing. It definitely DID NOT take 2 weeks from start to finish for us.
They must have improved the developer approval process and bank contract processing significantly. It took nearly 7 weeks for our bank contracts to get approved, and we used a major int`l bank - Wells Fargo. By the time it was all said and done, our first app took over a month to get on the store.
Just because I've signed up for Mobile apps like Mailbox and Robinhood before and it took quite a while so I was wondering how long would AppAll take do you think on average
Most applicants will be approved instantly. There are some circumstances, such as the specifics of your business model, that may require a brief manual review. At most this will take 1 business day, but many reviews will be much quicker.
The good thing about doing this upfront is that you don't have to worry about running into any issues (like unexpected shutdowns) as your processing ramps up.
Most valid applicants will be approved instantly. There are some circumstances, such as the specifics of your business model, that may require a brief manual review. At most this will take 1 business day, but many reviews will be much quicker - as fast as 20 or 30 minutes.
The difference between Braintree and others is that when we say yes, we mean it. That means your business is good to go from day one and you won’t have to worry about paypal-like shut downs.
I've just concluded a deal with bizfilings.com, and have been completely impressed. They're the best bang-per-dollar and very professional. It takes around 24-36 hours to get the approval going (they do the name check and then manually review your papers to make sure nothing is amiss). One - two weeks later, you'll have scanned PDFs of your approval available online + hard copies via snail mail coming your way.
This is a common question we get from prospects/website visitors. They would like to further understand why we are claiming this.
1) I used to work for our competitors and based on my experience I can confidently say that we are 2x faster than Stripe Atlas and 3x times faster than other competitors out there. Prior to the birth of Dunster.io, 7 business days is only available to founders with SSN and ITIN, and the rest will take ages.
Crazy but true. How long does it take a bank to check whether a previously dormant company has suddenly sprung to life, I wonder? One minute, I would guess.
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