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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

#101

Post by dang »

kinkrtyavimoodh wrote: post #96
donatj wrote: post #88

Earlier quoted context omitted.

This. Entirely. I used to work for a small ecommerce webdev shop. I’ve worked on sooo many shitty insecure shopping carts over the years I simply know not to trust basically any small website asking for my card. Completely unencrypted, storing CVVs, sending CC details as GET parameters, I’ve seen it all. It’s painfully common! If a company is not a huge name, and is handling your credit card info themselves, they are…

> sending CC details as GET parameters facepalm

Could you please stop posting unsubstantive comments to Hacker News?

https://news.ycombinator.com/newsguidelines.html

Re: EBay to Ditch PayPal for Dutch Payment Processor Adyen

#102

Post by ftoo »

parito wrote: post #95

One of the bigger drawbacks of Adyen vs Stripe, although we wanted to work with them a lot, is, they require a crazy reserve (in the millions) if your model is subscription based. The logic behind it from them is, that they must be able to refund all your customers in case you go bankrupt, and you have subscribers left hanging without full-filled service they paid in advance for. Although I get the logic behind it, n…

Wouldn’t they simply require a reserve that is proportional to the amount you’re charging for the recurring payment?

Re: EBay to Ditch PayPal for Dutch Payment Processor Adyen

#103

Post by NicoJuicy »

traek wrote: post #64
NicoJuicy wrote: post #27

Earlier quoted context omitted.

Stripe "is"/"was" also European :)

? As far as I can tell, the founders are Irish but the company has always been American.

Ow ok. Perhaps because they where Irish, I remembered it differently

Re: EBay to Ditch PayPal for Dutch Payment Processor Adyen

#105

Post by vasusen »

analog31 wrote: post #13

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)…

You might want to take a look at https://www.everbutton.com/. It basically wraps Stripe’s API so you can drop front end JavaScript without any backend code. Much more customizable than PayPal with all of Stripe’s benefits.

Re: EBay to Ditch PayPal for Dutch Payment Processor Adyen

#106

Post by xfour »

parito wrote: post #95

One of the bigger drawbacks of Adyen vs Stripe, although we wanted to work with them a lot, is, they require a crazy reserve (in the millions) if your model is subscription based. The logic behind it from them is, that they must be able to refund all your customers in case you go bankrupt, and you have subscribers left hanging without full-filled service they paid in advance for. Although I get the logic behind it, n…

Also, when talking to them they were stuck on requiring photos of a passport as a requirement for the recipient of the payment if I remember right. In the U.S. That's a non-starter as many people don't have passports and even if they did wouldn't be used to providing them in a business setting, so we ultimately passed.

Re: EBay to Ditch PayPal for Dutch Payment Processor Adyen

#107

Post by kbart »

clintonb wrote: post #58
analog31 wrote: post #13

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)…

The reason for processing on your own server is so you own the entire checkout experience. If you redirect he user to another site for payment, you run the risk of losing track of that user. Also, the third-party’s branding may clash with your own.

From a user perspective, I wouldn't trust a site that uses it's own payment processor, unless you are Amazon, Ebay etc. Double that if you ask for credit card details. Redirecting to a well-known payment processor (PayPal etc.) guarantees that I can pay safely.

Re: EBay to Ditch PayPal for Dutch Payment Processor Adyen

#108

Post by mark-r »

When Ebay first started requiring Paypal, it made sense - Paypal was clearly the frontrunner for online payments and Ebay's homegrown effort was a pale comparison. Also Ebay was a real powerhouse that could move the needle with a decision like that.

Today I feel like Paypal has a lot more traction than Ebay, and this is going to be a big flop for them. As a consumer I don't want to sign up for yet another payment service.

Re: EBay to Ditch PayPal for Dutch Payment Processor Adyen

#110

Post by edwinjm »

mark-r wrote: post #108

When Ebay first started requiring Paypal, it made sense - Paypal was clearly the frontrunner for online payments and Ebay's homegrown effort was a pale comparison. Also Ebay was a real powerhouse that could move the needle with a decision like that. Today I feel like Paypal has a lot more traction than Ebay, and this is going to be a big flop for them. As a consumer I don't want to sign up for yet another payment ser…

I think the advantage of Adyen is that you don't need a new account. It supports payment processors that are used all over the world.
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