31–40 of 167 posts
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.
Just got accepted into the Australia Beta, its working awesome.
Just got accepted into the Australia Beta, its working awesome.
What is required for a client to use Stripe? A merchant account? We're using eWay for those with merchant accounts, and PIN/PayPal for small busineses without.
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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…
I just signed up for PayMill yesterday, but didn't send them the paperwork yet. I might as well sign up for Stripe then.
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What is required for a client to use Stripe? A merchant account? We're using eWay for those with merchant accounts, and PIN/PayPal for small busineses without.
No need for a merchant account or anything like that -- Stripe handles everything from accepting the payment to depositing the money in your bank account.
Looks like we'll be integrating in Stripe into our eCommerce system for our clients once we get into the BETA. :)
Earlier 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.
Direct debit is just as easy. Two numbers to enter.
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Especially if that first country is Germany, as they're one of the economic powerhouses of the EU.
They were already in beta in the Netherlands for a while actually. Given that we're quite similar to Germany except for being a bit more focussed on international trade, we might have been a test run for German deployment though.
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No need for a merchant account or anything like that -- Stripe handles everything from accepting the payment to depositing the money in your bank account.
Awesome, thanks for the answer. Looks like we'll be integrating in Stripe into our eCommerce system for our clients once we get into the BETA. :)
edit : clarity
Honest 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.
It's just that I'm not sure it's a good idea to give your business data to people whose main business model it is to look for the best ideas/markets/businesses and then to copy them.
To me, there seems to be a pretty obvious conflict of interest that might work against you.