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Stripe in Japan

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Re: Stripe in Japan

#91

Post by lachyg »

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…

(I work at Stripe.) We are supporting 3D-Secure in private beta—if you'd like access, please email me support@stripe.com (https://support.stripe.com/questions/does-stripe-support-3d-...)

Re: Stripe in Japan

#92

Post by lachyg »

piquadrat wrote: post #62
vertex-four wrote: post #57

Earlier quoted context omitted.

> 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.

They apparently are working on it [1]. I asked to join the private beta a few months ago, but haven't been invited so far. [1]: https://support.stripe.com/questions/does-stripe-support-3d-...

(I work at Stripe.) My apologies, if you email me at lachy@stripe.com I can invite you.

Re: Stripe in Japan

#93

Post by lachyg »

Artemis2 wrote: post #72
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…

Stripe is a good option for developers, but they are very expensive. They lowered their prices two times this year in France (2.9%+30c -> 1.8%+25c -> 1.4%+25c), but that's not enough to compete with local alternatives for medium to large businesses. It's very common to get "Interchange+" pricing in France, where the actual costs of processing are passed onto the merchant, plus a more transparent gateway fee (like a f…

Hi Artemis2, if you process more than €30,000 per month, we can offer volume discounting [0]. Separately, we have support for 3DS in private beta.

[0] Including interchange plus!

Re: Stripe in Japan

#94

Post by megafounder »

A feature that would make Stripe even more awesome would be the possibility to withdraw $USD to $USD bank accounts located in Europe without the need of losing 2% or more on conversion fees (or lower those fees!).

Re: Stripe in Japan

#95

Post by user5994461 »

Just a reminder:

In Europe the main competitor is Adyen, which is basically the exact same thing, with a lower commission.

There is a truckload of marketing and news about Stripe, but really, it's nothing we didn't already have on our side of the Atlantic ;)

Re: Stripe in Japan

#97

Post by acdanger »

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…

For those curious, a paper detailing some known issues with 3D Secure's security: http://www.cl.cam.ac.uk/~rja14/Papers/fc10vbvsecurecode.pdf

Re: Stripe in Japan

#98

Post by patio11 »

FLUX-YOU wrote: post #68

Damn, patio11 got busy. Launching stuff in a whole new country for Stripe.

The Japan team was very, very busy for the last several months preparing for launch specifically and the last year getting the groundwork in place for servicing Japanese businesses. I literally arrived back in Japan the day before launch, got my business cards, and just had to do some minor translation and utility salarymanning.

Re: Stripe in Japan

#99

Post by needusername »

Vertrauen wrote: post #74
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…

> 3D secure As a customer, I hate 3D secure. When I get that shit thrown at me, I often just head over to Amazon and buy the same item there. Even if it is more expensive. Reasons: The 3D Secure form always looks so unprofessional it makes me shiver. It often is loaded in an iframe so it could come from god knows where. Often it plain out does not work. It aborts the transaction with "Transaction aborted" or somethin…

That's why there is Apple Pay on the Web. I bought a new iPhone so that I could use it instead of 3DS.

Re: Stripe in Japan

#100

Post by davidverhasselt »

Symbiote wrote: post #23
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.

Estonia, Greece and Cyprus use the Euro, but unlike the other EU Euro countries aren't available on Stripe. I haven't worked in finance, but as I understand it, the regulations are supposed to allow cross border businesses to operate. That's why the City of London banks area worried about leaving the EU and losing that right. The Eurozone especially has regulations to remove barriers to cross border payments. https:/…

There's a conspiracy theory that they're actively not rolling out to Estonia because the e-residency feature makes for a possible interesting competitor to Stripe Atlas.
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