This is fantastic news for german startups. I wish Stripe can expand to more countries around the world faster!
Anyone knows how easy would it be for them to expand to Dubai for example?
Stripe launches German beta
11–20 of 167 posts
Re: Stripe launches German beta
#12Honest question to everybody:
Would you trust your financial data (= growth data, etc.) to a company like Paymill that's owned by a clone factory (i.e. the Samwers') or do you think that's being paranoid?
EDIT: I wasn't asking for downvotes, I was asking for rational comments, explanations, thoughts.
Re: Stripe launches German beta
#13Sadly 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 th…
Thank you guys/girls, we have being waiting for this for a while now, we almost went with Paymill , so this is some awesome news. What's the issue with being able to accept Dollars only with a US Bank account, would you fix this after the beta or is it supposed to stay like this? ...or have I misunderstood something?
Re: Stripe launches German beta
#14Earlier quoted context omitted.
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 th…
Thank you guys/girls, we have being waiting for this for a while now, we almost went with Paymill , so this is some awesome news. What's the issue with being able to accept Dollars only with a US Bank account, would you fix this after the beta or is it supposed to stay like this? ...or have I misunderstood something?
We'll add USD -> Euro German bank account very soon. Want to drop Thairu an email (thairu@stripe.com) and we'll ping you once it's ready?
Re: Stripe launches German beta
#15Sadly 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?
Credit card usage isn't low here because Germans hate credit, it's because we simply have had better alternatives for ages. Instead of credit cards people use Electronic cash (https://en.wikipedia.org/wiki/Electronic_cash) in stores which is much cheaper for merchants, so they often don't even accept credit cards because of the fees. Online payments and payments of bills are usually done through direct withdrawals (https://en.wikipedia.org/wiki/Direct_debit#Germany) with easy chargebacks.
Re: Stripe launches German beta
#16I was just about to go with Paymill. It's great to have one more option. Now the rest of Europe please.
Re: Stripe launches German beta
#17Honest question to everybody: Would you trust your financial data (= growth data, etc.) to a company like Paymill that's owned by a clone factory (i.e. the Samwers') or do you think that's being paranoid? EDIT: I wasn't asking for downvotes, I was asking for rational comments, explanations, thoughts.
Hi, I asked them few questions and they seemed quite professional. Very German, asking for lots of paper, but that kind of make me feel safer.
And let's stop with this clone thing. If we are a community striving for execution, we should not be so annoying when people simply take ideas from somebody else and start executing.
Re: Stripe launches German beta
#18Sadly 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.
I have one, too. The younger generation is okay with this, but most older people prefere "real" money :\
Re: Stripe launches German beta
#19Sadly 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 th…
Hm yes, to sell stuff "from" Germany to the rest of the World this would be pretty nice :)
Re: Stripe launches German beta
#20Earlier quoted context omitted.
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.
I have one, too. The younger generation is okay with this, but most older people prefere "real" money :\
Probably a north/south difference.