31–40 of 253 posts
Surprisingly small contract. It's interesting to see that a full government contract for a payment provider is a fraction of a US mid-size company's cloud bill. I am constantly surprised by things like this. Here's another: there are more foreigners in Taiwan (total pop. 25 m) than in China (total pop. 1.4 b).
I wish Adyen was as good at marketing and hype as Stripe was. Stripe is really good at making themselves look like a way bigger deal than they are.
Thank you very much for the comprehensive feedback.
I have taken a look at the information you have provided and unfortunately, at this time, Adyen is only able to support businesses currently transacting more than €5M per year or businesses which are currently supported by a Plugin built by Adyen. The reason for this is so that we are able to provide the right level of support and resources to our merchants at the right stage of their company growth.
If you would like to stay up to date with our payment offering please do sign up to our newsletter here.
In the interim, I want to ensure that you find the right provider, so I would like to direct you about payments. They are specialists in finding the most relevant payment solutions for all business models and I have no doubt they will offer you several great options.
I wish you the best of luck with your business moving forward, and hopefully we can reconnect in the future.
Kind Regards,
Ana Sales Specialist
I wish Adyen was as good at marketing and hype as Stripe was. Stripe is really good at making themselves look like a way bigger deal than they are.
No point in marketing when you outright reject customers: Thank you very much for the comprehensive feedback. I have taken a look at the information you have provided and unfortunately, at this time, Adyen is only able to support businesses currently transacting more than €5M per year or businesses which are currently supported by a Plugin built by Adyen. The reason for this is so that we are able to provide the righ…
I wish Adyen was as good at marketing and hype as Stripe was. Stripe is really good at making themselves look like a way bigger deal than they are.
No point in marketing when you outright reject customers: Thank you very much for the comprehensive feedback. I have taken a look at the information you have provided and unfortunately, at this time, Adyen is only able to support businesses currently transacting more than €5M per year or businesses which are currently supported by a Plugin built by Adyen. The reason for this is so that we are able to provide the righ…
Shedding low value users to others makes you stronger and them weaker.
I wish Adyen was as good at marketing and hype as Stripe was. Stripe is really good at making themselves look like a way bigger deal than they are.
A big reason Stripe got big was because they got their YC cohorts to use it. Payments before that was complicated and even though PayPal existed, most people didn’t know you could process credit cards like Stripe, you don’t need a PayPal account or wallet. It’s why they bought Braintree and that added even more confusion. The lesson is, marketing to developers works. And the best way to market to them to by making th…
From what I understand, Stripe's main value proposition was: "how can we make this gnarly, confusing and complicated system an easy-to-use service that does NOT require the end-user to internalise the entire payment provider state transition universe?" That is obviously a valuable service, but is it valuable enough to charge an ongoing rake of nearly 300 basis points?
ß: for some weird reason people still insisted that they absolutely must be able to pay with Paypal. 2+ years of fighting cross-corporate politics + KYB and still having to stomach insanely high commissions left a properly bad taste.
Earlier quoted context omitted.
No point in marketing when you outright reject customers: Thank you very much for the comprehensive feedback. I have taken a look at the information you have provided and unfortunately, at this time, Adyen is only able to support businesses currently transacting more than €5M per year or businesses which are currently supported by a Plugin built by Adyen. The reason for this is so that we are able to provide the righ…
What are these plugins? Could any business choose to use one, or are they highly specialized?
I wish Adyen was as good at marketing and hype as Stripe was. Stripe is really good at making themselves look like a way bigger deal than they are.
No point in marketing when you outright reject customers: Thank you very much for the comprehensive feedback. I have taken a look at the information you have provided and unfortunately, at this time, Adyen is only able to support businesses currently transacting more than €5M per year or businesses which are currently supported by a Plugin built by Adyen. The reason for this is so that we are able to provide the righ…
Platforms like Stripe where anyone can sign up at any time drive up prices because the amount of low-profit companies needs to be offset by the companies making more. Great for small startups but a bad deal for major companies.
Stripe has also been criticised for forcing growing companies into enterprise plans the moment they hit certain growth numbers. That's one way to keep the business profitable, but it's not necessary if you only take on businesses that are already profitable enough dedicate a sales team onto.
I wish Adyen was as good at marketing and hype as Stripe was. Stripe is really good at making themselves look like a way bigger deal than they are.
Stripe has a Get started button. You click it, fill out a form, get your site approved in maybe a day, and start making money.
Adyen has a Talk to our team button. You close the tab and never think about it again until you’re making serious money.
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Edit: that is, of course, by design. Adyen doesn’t want small businesses. From the sibling comment:
> only able to support businesses currently transacting more than €5M per year
I wish Adyen was as good at marketing and hype as Stripe was. Stripe is really good at making themselves look like a way bigger deal than they are.
There’s a huge difference for small business owners. Stripe has a Get started button. You click it, fill out a form, get your site approved in maybe a day, and start making money. Adyen has a Talk to our team button. You close the tab and never think about it again until you’re making serious money. --- Edit: that is, of course, by design. Adyen doesn’t want small businesses. From the sibling comment: > only able to…