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Stripe launches German beta

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Re: Stripe launches German beta

#6
post #4

Sadly Germans hate credit cards.

I'm in an office in Berlin as I type this. Every person around me has a credit card. Every German I personally know, including my destitute student friends, have credit cards.

It's not like online retail isn't a huge business here, and credit cards are the easiest payment method available, due to the incredibly restrictive nature of German banks.

A lot of startups here have been screaming for this day.

Re: Stripe launches German beta

#7
post #5

It's astonishing how quick they can expand something as complicated as payment processing to many - bigger and smaller - countries in Europe.

One you get into one EU country, dealing with other EU countries is probably quite a bit easier...

Especially if that first country is Germany, as they're one of the economic powerhouses of the EU.

Re: Stripe launches German beta

#8
post #4

Sadly Germans hate credit cards.

Really?

I'm certain they hate the notion of credit too which has long been attributed to their post-war mindset.

Are other European notions similarly disposed towards credit (and thus credit cards), too?

Re: Stripe launches German beta

#9
post #4

Sadly Germans hate credit cards.

Credit card usage is somewhat lower in Germany (though by a smaller margin than people think), and we considered holding off 'till we had a better answer to this. But we thought about it more, and talked to a bunch of German companies, and realized that a lot of German users want to sell to a global market in the very same way that, say, an American company would -- there isn't necessarily a tight coupling between the geography of your customers and the geography of your business. (This is what's great about the internet!) Travis CI is a good example here.

Seen this way, we figured it made sense to bring the capabilities that US users have today to Germany as quickly as we could.

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