Cut Your Openpay Fee Costs by 1.5%: Expert Tips | Subscribed.fyi
Fintech and Banking

Openpay

Openpay is a leading payment gateway in Mexico, offering advanced financing solutions, transparent terms, and user-friendly features for consumers, merchants, and businesses in underserved verticals.

Save up to 1.5% in your fees with Openpay

How much can customers reduce their spend with Openpay?

Up to 1.5%

Openpay, operated by Openpay Group Ltd (ASX: OPY), stands as Mexico’s premier payment gateway. This leading fintech company innovates with sophisticated and intuitive solutions for seamless payment transactions. Openpay sets itself apart with an omnichannel financing solution that exceeds conventional Buy Now, Pay Later services, featuring its cutting-edge “BNPL 2.0” product.

How to reduce the cost of a Openpay fee

 i – Tricks are what we like to call direct ways to reduce your subscription costs.

  • We haven’t found any current tricks to reduce your subscription  

Additional reduction ways to try to reduce subscription costs:

Optimize User Licenses 

Audit user licenses and remove inactive users. Consider permission sets to grant specific functionalities instead of assigning full licenses for basic needs.

Data Storage Management

Archive old data. Utilize data validation rules to prevent unnecessary data entry that consumes storage

Process Automation: Utilize workflow and approval processes to automate manual tasks, reducing the need for additional licenses.

How to implement a Workaround to reduce fee for Openpay

 i – A workaround is using another tool to reduce your subscription.

  • We haven’t found any current workarounds to reduce your subscription  

Additional workarounds to try to reduce subscription costs:

Integrations with Free/Freemium Tools

Explore free or freemium tools like Zapier to automate tasks that might require additional licenses (e.g., basic data cleansing). Consider integrating with freemium tools like Slack for internal team usage

How to reduce Openpay fee via bundling

 i – Use one tool to get a discount on another tool.

  • We haven’t found any current bundles to reduce your subscription

Additional bundling options to try to reduce subscription costs:

Pairing/Bundling for Discounts

Partner Programs: Check if your company qualifies for partner discounts through partnerships with other software providers (e.g., some cloud storage services offer discounts with Salesforce).

Negotiate with Support. Customer support details of Openpay

 i – Speak with the Openpay support team and ask for a discount.

Openpay’s support email – v[email protected] and [email protected]

Discuss Usage Patterns: Contact support and discuss your current usage patterns. They might offer discounts based on your specific needs and historical data.

Negotiate Renewal Rates: Before your subscription renews, negotiate renewal rates with support. Loyalty and commitment to the platform can sometimes lead to better pricing.

Use this for help: Customer support list or google

How to switch to subscription type for Openpay

 i – Switching to a longer-term contract or changing subscription type is a good way to save.

  • We haven’t found any current subscription types to reduce your subscription

Annual Subscriptions

Switching to annual subscriptions often comes with a discount compared to monthly billing.

Reduce Inactive Users

Regularly review user activity and remove inactive user licenses to free up costs.

Switch to Alternative for Openpay

 i – Here is a list of similar products that are similar you can switch to for savings.

  • Conekta: Conekta is a payment gateway based in Mexico, providing secure and flexible payment solutions for businesses. They offer a variety of payment methods and focus on enhancing the checkout experience for both customers and merchants.Website: Conekta
  • Mercado Pago: Mercado Pago is a leading fintech platform in Latin America, offering a wide range of financial services including payment processing, digital wallets, and credit solutions. They cater to both consumers and businesses with innovative payment solutions.Website: Mercado Pago
  • Clip: Clip is a Mexican payments company specializing in mobile point-of-sale (mPOS) solutions. They provide merchants with tools to accept card payments securely through smartphones and tablets, offering convenience and flexibility.Website: Clip
  • Stripe: Stripe is a global payments technology company that supports online payment processing for businesses of all sizes. They offer a suite of APIs that enable businesses to accept payments, manage subscriptions, and more, focusing on developer-friendly solutions.Website: Stripe

Open-Source Solutions: Depending on your needs, explore open-source solutions that might offer similar functionalities at a lower cost. When searching try “Opensource for x” to find applicable tools.