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Stripe in Japan

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Re: Stripe in Japan

#51

Post by jwr »

eps wrote: post #31
jwr wrote: post #27

Earlier quoted context omitted.

Braintree doesn't ignore the EU like Stripe. Use Braintree.

You misspelled Paymill, which is in fact an exact and shameless clone of Stripe. Braintree is similar, but it evolved from an pre-Stripe type of an older convoluted platform. They still had tiered pricing just a couple of years ago. It is also owned by PayPal, so that alone can be a factor for some people to sidestep it.

Yes, there is also Paymill. And frankly, I don't care if something is a "shameless clone". I do care about whether I can do business. Ever since Stripe was created, it did not want my business, and to this day I cannot use Stripe.

Which is why I use Braintree and tell people to use Braintree or Paymill.

Re: Stripe in Japan

#52

Post by nolok »

digi_owl wrote: post #43
fenomas wrote: post #40

Earlier quoted context omitted.

Japan is mostly cash-based for face-to-face transactions. Online, users are extremely comfortable paying electronically. You have to remember that paying via mobile was a thing here several years before the rest of the world, so people have had longer to acclimatize. As a reference point, Japan spent around $8B via mobile phones in 2006 (i.e. before the iphone launched).

Best i recall a large part about this was that the carriers had their own banks that could issue credit cards that was linked to the phone.

Don't they also have a system similar to the French "net pay" (or whatever the name) where you can pay and have it billed on your next carrier bill? Here even Google play supports it, and while not the major payment system it does remove all friction from online payment.

Re: Stripe in Japan

#53

Post by sjm »

jfim wrote: post #11

Isn't Japan mostly cash-based? Seems like an interesting location to expand to.

Interestingly, I've noticed Square is quite popular here now. On my last visit it was much more difficult to pay for food with credit cards.

Re: Stripe in Japan

#54

Post by vuyani »

kizum wrote: post #35
vuyani wrote: post #28

Earlier quoted context omitted.

YES PLEASE! ive beeeen waiting for stripe to come to South Africa, alot of other developers i know too are terribly frustrated of the unstable payment gateways we have down here. Stripe would be a much needed breath of fresh air.

I'm in the process of evaluating payment gateways for a Saas app that's currently using Stripe in the US, but needs to move to South Africa in the next few months. The closest I've come to something similar to Stripe is 2Checkout, but the lack proper of support for subscriptions (trial periods, product id's) is very dissapointing.

Yea, im considering using PayU while waiting for Stripe. Just really dislike the fact that they use soap services

PayU(http://payu.co.za)

PayU subscriptions:http://help.payu.co.za/pages/viewpage.action?pageId=8553425

Re: Stripe in Japan

#55

Post by fenomas »

digi_owl wrote: post #43
fenomas wrote: post #40

Earlier quoted context omitted.

Japan is mostly cash-based for face-to-face transactions. Online, users are extremely comfortable paying electronically. You have to remember that paying via mobile was a thing here several years before the rest of the world, so people have had longer to acclimatize. As a reference point, Japan spent around $8B via mobile phones in 2006 (i.e. before the iphone launched).

Best i recall a large part about this was that the carriers had their own banks that could issue credit cards that was linked to the phone.

They may well have done for legal reasons, but the point for consumers was that you could find a product in a web page and hit purchase, and the cost would just show up as a line item in your phone bill, without any signups or credit card numbers.

Similar deal with NFC payments. They launched here in 2004, and were fairly widespread by the time smartphones arrived. It used to be very common for people to move "up" to a smartphone and then be surprised to find out how many features they'd given up.

Re: Stripe in Japan

#56

Post by briandear »

jwr wrote: post #27
kyriakos wrote: post #2

When is the rest of EU coming up? Same regulations everywhere I can't understand the hold up.

Braintree doesn't ignore the EU like Stripe. Use Braintree.

How does Stripe ignore the EU? It's available in quite a lot of countries here. Perhaps you mean 'ignore my specific country in the EU.'

Re: Stripe in Japan

#57

Post by vertex-four »

nolok wrote: post #49

I evaluated stripe for a French company here in Europe, having heard lots of good things about them, and I have to say that while the integration was top notch, they were vastly inferior to local bank competitors in two areas : no support whatsoever for 3D secure (once you've started using it, you never want to go back), and way higher pricing. National banks (CIC, Caisse d'Epargne) both offered % way, way lower than…

> no support whatsoever for 3D secure

This has always confused me about Stripe. They have integrations with various market-specific systems for many markets, but they don't have something that both vendors and consumers expect in the EU.

Re: Stripe in Japan

#58

Post by briandear »

nolok wrote: post #49

I evaluated stripe for a French company here in Europe, having heard lots of good things about them, and I have to say that while the integration was top notch, they were vastly inferior to local bank competitors in two areas : no support whatsoever for 3D secure (once you've started using it, you never want to go back), and way higher pricing. National banks (CIC, Caisse d'Epargne) both offered % way, way lower than…

Doing an IT integration with a French bank? No thanks. Aren't they still using SOAP?

As far as 3D, that 'service' is a pain. A consumer has to call their bank to 'enable' the service and do silly things like wait for pin codes in the mail to activate their cell phones and just various "security" theater. France has the highest rate of credit card fraud rate in Europe so even with all of that bureaucracy, it still has a huge problem.

In terms of in person credit payments, Sum Up (sumup.fr) is the very best. Low fees, no forced connection to a specific bank. I use them for a small hotel business we have in the Luberon.

I think it's a big feature to not have to work with French banks on anything. Their processes are stuck in the early 1990s: almost everything security related is done by mail, enabling things like international bank transfers online takes an inordinate amount of paperwork. Then they charge you a fee to actually have a debit card. For our business card, we're paying something around €15 per month per card.

Also Stripe supports Bitcoin and Apple Pay (both web and mobile.)

I admit I have strong loyalty to Stripe, they make all-based options look like fax machines by comparison. I'd rather my dev team be spending time of features that increase sales rather than wasting time on rusty bank integrations. Other benefits of Stripe include the fact that PCI (or the French equivalent is covered -- my own systems don't have to worry much about it, so there is a lower cost of ownership in terms of infrastructure requirements.) Finally, if you're an enterprise at scale, Stripe offers volume discounts.

Everyone obviously has variables in terms of business model so Stripe might not be the best option for some businesses, but in many cases, they are a huge win.

Re: Stripe in Japan

#59

Post by nolok »

briandear wrote: post #58
nolok wrote: post #49

I evaluated stripe for a French company here in Europe, having heard lots of good things about them, and I have to say that while the integration was top notch, they were vastly inferior to local bank competitors in two areas : no support whatsoever for 3D secure (once you've started using it, you never want to go back), and way higher pricing. National banks (CIC, Caisse d'Epargne) both offered % way, way lower than…

Doing an IT integration with a French bank? No thanks. Aren't they still using SOAP? As far as 3D, that 'service' is a pain. A consumer has to call their bank to 'enable' the service and do silly things like wait for pin codes in the mail to activate their cell phones and just various "security" theater. France has the highest rate of credit card fraud rate in Europe so even with all of that bureaucracy, it still has…

Almost everything you just said regarding French banks procedures, 3d secure and fees is incorrect. Either your experience dates from a long, long, LONG time ago, or you're making things up.

For reference, virtually 100% of card owner in France can pay using 3d secure and they don't need any mail for that. The most common form of verification is a sms on your registered cellphone number.

I haven't had to deal with soap, nor send any postal mail, for any part of our dealings. Including for fraud resolutions.

And possibly your biggest mistake, from the merchant point of view whether or not 3d secure reduce the amount of fraud or not is irrelevant. If the payment is made using it, then the fraud is purely the bank's problem, whereas without it's yours and you're out of your money until the fraud is resolved.

Re: Stripe in Japan

#60

Post by troels »

kyriakos wrote: post #33
troels wrote: post #21

Earlier quoted context omitted.

There's not though. Each EU member state is a sovereign country and they each have their own laws regarding things like trans border payments. There's not even a single currency.

I am not an expert on this topic but... The central banks of eurozone countries are governed directly by the European central bank. They are not controlled by each member state's government. Eurozone also means they all use a single currency and are all members of the single European market. There are no different laws for cross border payments. So I guess there must be another reason we don't know about.

No expert either, but there is definitely domestic regulations in place. Besides, the eurozone is only a subset of EU. The UK has its own currency, for example.
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