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Stripe launches German beta

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131–140 of 167 posts

Re: Stripe launches German beta

#131
post #4

Sadly Germans hate credit cards.

I'm German, and can confirm two things:

- Almost anyone that would be able to actually use a credit card online has a credit card

- Everyone i know dislikes credit cards, including me. They still have the correct stigma of paying with money you don't have and causing a housing crisis because of it; they're "american" and very "capitalist".

Re: Stripe launches German beta

#132
post #84

Just got accepted into the Australia Beta, its working awesome.

D'oh, I had no idea, and here I am already having spent months talking to NAB in order to charge USD and support AMEX. Stripe seems a lot cheaper too in terms of fees. Stripe AU supports AMEX and USD charges, right?

pin.net.au supports USD. Doesn't support AMEX yet though, which is a bit annoying.

Re: Stripe launches German beta

#133

Great to see the acceleration of roll out of counties ! DE does have lower CC usage, but I think it will be more use for DE businesses operating internationally to accept in EUR & USD. btw. I threw together a handy tool for calculating the cost of a transaction. http://www.blackdog.ie/stripe/ edit : clarity

Nice calculator; but it misses the currency conversion costs. You can't get $9.46 as a UK merchant - you get paid in £GBP and they add another 2% from mid-market rate - so $9.27 would be more accurate.

Thanks.

Stripe.com says Charges made in a currency for which you haven't connected a bank account will be converted to your default currency. A 2% fee applies for currency conversion, and all fees are calculated in the currency we transfer to you.

So you can avoid it by having an USD / EUR account. Or you have to pay this 2% fee. I will add a note to the page.

Re: Stripe launches German beta

#134
post #68

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.

Well, Paymill is German and Stripe is based in the US, so from a trust viewpoint, I'd go with Paymill, maybe their customer data gets fleeced a bit less by the NSA than Stripe's.

Stripe has never participated in any kind of government surveillance program. Quite the opposite -- we're trying to figure out new ways to protect our users: https://stripe.com/blog/towards-transparency. As CEO, I'll do everything in my power to make sure that that remains the case. If you follow me on Twitter (I'm @patrickc), you'll notice that I'm no fan of this stuff.

Re: Stripe launches German beta

#135
post #25

Any schedule yet for Switzerland?

UBS allows you to open a bank account in Germany and connect it to a Swiss account. You can setup automatic transmission of money from German account to Swiss account every 15 minutes or so.

Re: Stripe launches German beta

#136
post #109

Congrats to Stripe team. They have done a really good job, I find since they get it work in UK, they are expanding in a very fast pace for now (y) Hope it will come to Northen EU soon :)

Northern Europe is on our roadmap. Please sign up at https://stripe.com/global to be notified when we launch there

Re: Stripe launches German beta

#137
post #23

Earlier quoted context omitted.

What speaks against Paymill? Are there any problems with them? They support a lot more countries than Stripe right now. Edit: Just read that its from the Samwers. Might be enough to wait for Stripe then.

Guys seriously. There's nothing going against PAYMILL just because theyre a 'clone' company. Theyre working with 2 big acquirer banks which probably wouldnt do so if the company wasnt trustworthy. Might wanna think about that. Plus being available in 39 countries across Europe is more than beneficial for so many small business owners who previously did not have the chance to onboard with any other payment provider. B…

Yeah. So Paymill-sales has an account on the same day registered as yours and accidentally posts the same content as your post first ( http://cl.ly/image/3i0t1y233M0b ). Also, judging from your post history I'd say: this doesn't help Paymill in any way, quite the opposite really.

Re: Stripe launches German beta

#138

Earlier quoted context omitted.

Guys seriously. There's nothing going against PAYMILL just because theyre a 'clone' company. Theyre working with 2 big acquirer banks which probably wouldnt do so if the company wasnt trustworthy. Might wanna think about that. Plus being available in 39 countries across Europe is more than beneficial for so many small business owners who previously did not have the chance to onboard with any other payment provider. B…

Yeah. So Paymill-sales has an account on the same day registered as yours and accidentally posts the same content as your post first ( http://cl.ly/image/3i0t1y233M0b ). Also, judging from your post history I'd say: this doesn't help Paymill in any way, quite the opposite really.

paymill-sales = customer selling through paymill, hence the name.

Re: Stripe launches German beta

#139
post #4

Sadly Germans hate credit cards.

I'm German, and can confirm two things: - Almost anyone that would be able to actually use a credit card online has a credit card - Everyone i know dislikes credit cards, including me. They still have the correct stigma of paying with money you don't have and causing a housing crisis because of it; they're "american" and very "capitalist".

Credit cards in Germany are for the most part debit cards. You only pay an annual fee and the charges are deducted from your bank account at the end of the month. No credit involved apart from the late processing. There are some special laws in place for this I think which don't exist in other countries. On the other hand merchants pay a hefty fee for each transaction whereas EC/debit card fees are very low. That's why many merchants (especially outside tourist areas) don't accept CCs.

Re: Stripe launches German beta

#140
post #108

Earlier quoted context omitted.

In times of basically zero interest a 30-day free loan doesn't sound like a very convincing argument since I have to keep the money in an easily accessible account anyway to pay the bill at the end of the month.

> In times of basically zero interest a 30-day free loan doesn't sound like a very convincing argument ... Look at it this way -- for 30 days, you have access to funds that the poor person doesn't. Interest or not, you have more financial latitude. Also, people who automatically and fully pay off their cards every month tend also to be the sort of people who have most of their money in investments that yield reasonab…

I stopped using my CC almost completely a while back. The reason is "simplify your life". Why should I keep track of several accounts when I can have only one? My life got a bit simpler since then, and I don't regret it.
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