nowfound

Commerce · July 20, 2023

AP

Accept Payments with fees up-to 70% lower than Stripe

Hello HN, I'm Youssef, a 26-year-old CEO of LeetPay. I created LeetPay after recognizing the financial strain that transaction fees can have on businesses, big or small in the United States. Just as the saying goes, "Necessity is the mother of invention", so began the journey of LeetPay. LeetPay facilitates direct payments from your client’s bank to yours, effectively bypassing the traditional card payment systems. The idea behind LeetPay was to simplify payment processing while minimizing associated costs. Our service operates at a flat 1% fee per transaction, a solution that could…

Accept Payments with fees up-to 70% lower than Stripe launched on July 20, 2023 with 24 votes, #1,456 of 4,347 launches that month and more than 75% of that year's launches.

In plain words

LeetPay is a payment processing service that enables direct bank-to-bank transfers between businesses and their clients, bypassing traditional card payment systems. It charges a flat 1% fee per transaction, significantly lower than standard credit card processors. The service is designed for businesses of all sizes in the United States, with particular focus on B2B SaaS companies that make recurring payments, helping them reduce transaction costs substantially.

written from the facts on this page · September 2026

From the sources

In the maker’s words, at launch

Hello HN, I'm Youssef, a 26-year-old CEO of LeetPay. I created LeetPay after recognizing the financial strain that transaction fees can have on businesses, big or small in the United States. Just as the saying goes, "Necessity is the mother of invention", so began the journey of LeetPay. LeetPay facilitates direct…

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