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EBay to Ditch PayPal for Dutch Payment Processor Adyen

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Re: EBay to Ditch PayPal for Dutch Payment Processor Adyen

#31

Here's what puzzles me. I have looked into Stripe, and just browsed the Adyen webpage. Both of those services seem to require you to maintain your own "active" server that can run server side code. PayPal seems to be unique in being able to take payments from a passive web page, because the customer conducts their transaction at PP's website. This is why I continue to use PP for my tiny little business (without eBay)…

Who knows, maybe that will change one day.

Re: EBay to Ditch PayPal for Dutch Payment Processor Adyen

#32

Here's what puzzles me. I have looked into Stripe, and just browsed the Adyen webpage. Both of those services seem to require you to maintain your own "active" server that can run server side code. PayPal seems to be unique in being able to take payments from a passive web page, because the customer conducts their transaction at PP's website. This is why I continue to use PP for my tiny little business (without eBay)…

Not sure I follow - you mentioned not handling browser compatibility which implies you're not directly writing the html/css for the site. If you're using shopify or hosted wordpress or something, I would think most of those providers would handle the Stripe integration for you?

You also mention a passive web page, if you're talking about a static site (as in a jekyll or hugo site hosted on S3), you may be right. I don't fully understand how that might work since if you're accepting payment for a service, presumably you also need to keep state somewhere to track the delivery of that service to users and such. But if you did want to accept Stripe on a static site, I would think you could use Lambda functions in AWS to handle the callbacks without worrying about the maintenance costs and security risks of running your own linux server.

Re: EBay to Ditch PayPal for Dutch Payment Processor Adyen

#33

I've never heard of Adyen here in Australia before this. I assume they are far more Europe/US oriented? I assume they will be rolling out the new integration world wide, so that it will become more ubiquitous? I believe Paypal has a local office in Aus, so I presume Adyen will be setting up local offices in most countries? (I also noticed on the video that it is pronounced "Adi-an" where I first thought "Ad-yen" whic…

Since Uber and Netflix are using Ayden in the background I am guessing they can handle global payments. Most of us never knew what payment provider did these companies use so far.

Re: EBay to Ditch PayPal for Dutch Payment Processor Adyen

#34

Earlier quoted context omitted.

Adyen is an "interchange-plus" payment processor, which means they pass on the interchange fee charged to them by the payment processing networks, plus a fixed markup. Stripe is a flat-rate payment processor: 2.9% + $0.30 on everything. Interchange fees range from 0.05% to 3.2%, more or less. Most consumer cards are going to be significantly cheaper than 2.9% to process. Many people use "check cards" from their bank…

Stripe supports interchange plus when a business would prefer that solution. For the majority of businesses that we work with, they prefer the simplicity of the rates published on our site.

What are the added complexities involved with your interchange plus model? I'm curious as to why companies would prefer to pay more; what am I missing?

Re: EBay to Ditch PayPal for Dutch Payment Processor Adyen

#35

Here's what puzzles me. I have looked into Stripe, and just browsed the Adyen webpage. Both of those services seem to require you to maintain your own "active" server that can run server side code. PayPal seems to be unique in being able to take payments from a passive web page, because the customer conducts their transaction at PP's website. This is why I continue to use PP for my tiny little business (without eBay)…

Best way to integrate with stripe is to use their checkout button to get a token instead of receiving CC info directly. Iirc, still need to use backend code to do the actual charge, but at least you never see any sensitive info.

Right, but the poster is saying they don't want to run a server AT ALL.

Re: EBay to Ditch PayPal for Dutch Payment Processor Adyen

#36
post #30

I've never heard of Adyen here in Australia before this. I assume they are far more Europe/US oriented? I assume they will be rolling out the new integration world wide, so that it will become more ubiquitous? I believe Paypal has a local office in Aus, so I presume Adyen will be setting up local offices in most countries? (I also noticed on the video that it is pronounced "Adi-an" where I first thought "Ad-yen" whic…

I doubt Adyen is well known among North Americans either (the first market being rolled out for ebay). Ayden is used by Uber and Netflix and some other big names but that's mostly hidden in the background as they are integrated directly into the platforms. Unlike Paypal which has an obvious branded layer for all transactional layers. I'm curious what the integration with Ebay will look like. Will users be redirected…

I think the term eBay is using is intermediated payments. I think as a buyer, you would pay to eBay and eBay would pay to seller. So should be frictionless.

Re: EBay to Ditch PayPal for Dutch Payment Processor Adyen

#37

I've never heard of Adyen here in Australia before this. I assume they are far more Europe/US oriented? I assume they will be rolling out the new integration world wide, so that it will become more ubiquitous? I believe Paypal has a local office in Aus, so I presume Adyen will be setting up local offices in most countries? (I also noticed on the video that it is pronounced "Adi-an" where I first thought "Ad-yen" whic…

Never heard of Adyen here in Europe either… But from their website it seems they handle payments for some pretty well-known companies: https://www.adyen.com/customers

Re: EBay to Ditch PayPal for Dutch Payment Processor Adyen

#38

If anyone else, like me, thought eBay owned PayPal: > On October 3, 2002, PayPal became a wholly owned subsidiary of eBay. On September 30, 2014, eBay Inc. announced the divestiture of PayPal as an independent company, which was completed on July 20, 2015.

Yes. The Masters of the Universe decided that there was "value to be unlocked" by spinning off PayPal. Or at least...someone's spreadsheet said there was value to be unlocked..

Re: EBay to Ditch PayPal for Dutch Payment Processor Adyen

#39

Here's what puzzles me. I have looked into Stripe, and just browsed the Adyen webpage. Both of those services seem to require you to maintain your own "active" server that can run server side code. PayPal seems to be unique in being able to take payments from a passive web page, because the customer conducts their transaction at PP's website. This is why I continue to use PP for my tiny little business (without eBay)…

I think the idea is that eBay doesn't want to have users sign up with Paypal anymore. Instead only ever interact with eBay, with Adyen just being the pipes for eBay.

Re: EBay to Ditch PayPal for Dutch Payment Processor Adyen

#40
Potentially a great move for eBay to reign in processing fees and to consolidate the dispute resolution process within their own platform. A large pain point for many eBay users has been Paypal's opaque dispute process. (I admit to bias: I lost ~$5,000 in Paypal balance while in college due to Paypal siding with a dishonest international buyer)

For those of you contemplating Adyen vs. Stripe: Adyen is much more "bare metal." Think more like a modern Authorize.net. Nobody comes close to Stripe's turnkey developer-friendliness.

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