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Stripe in Ireland

stripe.com

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Re: Stripe in Ireland

#21

Post by rafski »

mfen3 wrote: post #5

Can we stop with the stripe adverts please? It's getting irritating. I'll have to start posting links to Paypal and Sagepay each day to balance it out.

Paypal is a turnoff for many customers. I've met people who will not use it no matter what and will quote the popular horror stories.

Braintree seems ok-ish but has a €100 minimum monthly fee. Paymill seems to be just fine but has some formal requirements.

Realex and Sagepay have a monthly fee, also require a merchant account, this is where the fun begins (although Sagepay offers own merchant accounts too).

AIB Merchant Account charges:

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Once off registration fee of €190. Credit Cards: 3.00% per transaction Laser Cards: 25c per transaction Visa Debit Cards: 35c per transaction Please bear in mind that we have a minimum monthly charge of €30, so if your total charge for Merchant Service Charge and Laser each month does not equal to €30, you will be charged €30.

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To get an AIB Merchant Account you also need to provide 3 months of bank accounts, and, wait for it… A BUSINESS PLAN (!)

Also… "Once the signed application is returned to us it will be processed within 5-10 working days."

Stripe. All you need is 10-15 minutes it takes to fill the online form and set things up. Done. I always thought the downside was that it was considerably more expensive than others. Not in Ireland, it isn't — unless I'm missing something.

Re: Stripe in Ireland

#22

Post by illumen »

pc wrote: post #19
mfen3 wrote: post #14

Earlier quoted context omitted.

Don't spread FUD about competitors. Statements like this are incorrect: "Accepting internet payments involved weeks of setup, reams of paperwork, and bureaucratic approval processes" Your rates are the same as every other damn payment processor, that's why I fail to see the excitement. I'd also be interested to know if you pay tax in any of the countries your service operates.

Sadly, it is not mere FUD for people based here in Ireland. (I agree that it was somewhat better in the US.) Here's what Liam Casey (CEO of PCH International[1]) said earlier: https://twitter.com/liamcasey/status/374690420556443650 . He's speaking from personal experience. (I've talked to the engineers who were trying to set up that merchant account.) And, yes; we charge VAT on our services in Europe; this goes strai…

Do you pay corporation tax in Europe?

If "stripe in Ireland", and an office in London then you should right?

Re: Stripe in Ireland

#25

Post by simonw »

pastylegs wrote: post #4

I don't know a lot about Stripe, but I have been using Paypal to accept payments for work (I'm a web developer) from the US (I live in Ireland). Would Stripe be a viable alternative to this approach (I'm not fully comfortable with Paypal)? Stripe seems to be aimed moreso at transaction based payments (shops etc.)

Stripe could work for this. There's Stripe integration with Xero, for example, which makes it trivial to issue an invoice and have a "Pay with Stripe" button show up on the Xero web page for that invoice.

Re: Stripe in Ireland

#26

Post by simonw »

mfen3 wrote: post #8
adamtulinius wrote: post #6

Earlier quoted context omitted.

You created an account just to post that? Really. I can understand that american citizens might be annoyed, but for people like me, who lives in Europe, it's nice to keep track of their progress.

I don't like companies abusing sites like Hacker News and posting links to their products. It's a form of spam. There's nothing remotely interesting in Stripe for a hacker, just another scummy payment processor.

Unlike other sites you might frequent, Hacker News culture is generally OK with companies posting news about their products. If the news isn't interesting, it won't be upvoted and won't make the front page.

Re: Stripe in Ireland

#27

Post by dcc1 »

dcc1 wrote: post #3

Darragh any way to get in contact with you? emailed you last week with few questions in reply to your email from may

Never mind got thru' to support, all is well now :)

Re: Stripe in Ireland

#28

Post by drited »

mfen3 wrote: post #5

Can we stop with the stripe adverts please? It's getting irritating. I'll have to start posting links to Paypal and Sagepay each day to balance it out.

Did you know that the Stripe was a Ycombinator funded startup?

If not, I get why you posted that and guess you wouldn't have posted it if you knew. If you did know however, I don't see why you'd have an issue with this. Links following the progress of successful YC companies absolutely are relevant to the HN community. If nothing else they give motivation to people in later YC batches to keep ploughing ahead despite the difficulties that face all startups.

Witness the popularity of HN posts about Airbnb, Dropbox, Scribd etc. I don't see how this link is any different, especially given that it wasn't a Stripe founder who posted it.

Re: Stripe in Ireland

#30

Post by wiradikusuma »

Hi guys, slightly off topic, but please help:

Two months ago I incorporated a C-Corp in Delaware, and registered a "virtual office" in the same state, remotely from my country of residence in SE Asia. Mr Ryan Roberts[1] helped with the incorporation, but I still need a US bank account to create an account in Stripe. I need it for my upcoming SaaS.

About a week ago I contacted Silicon Valley Bank to open an account (I can't remember who suggested it, I think Mr Ryan as well), and they sent me a questionnaire which I already filled out and sent back. But I haven't heard from them again. Since there's a story about Stripe in the front page[3], I'm wondering if someone can give me suggestion as how to proceed (e.g. maybe go to another bank).

I've never been to US, and I hope I don't have to go there just to open a bank account.

In case you're wondering, I was inspired by a blog post from Freshdesk[3].

[1] http://startuplawyer.com/about [2] https://news.ycombinator.com/item?id=6319512 [3] http://blog.freshdesk.com/how-to-incorporate-a-us-corporatio...

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