135 new currencies at Stripe • Hacker News Board

Re: 135 new currencies at Stripe

#141

Post by GFischer » Wed, Feb 12, 2014, 11:21 AM UTC

Smirnoff wrote: post #138

To Stripe employees: So let me get this straight - a US based company can accept UZS (Uzbek Sum) payments from clients in Uzbekistan and Stripe will convert the UZS funds into USD? I DO NOT BELIEVE THIS!!! What are the strings attached? Any limitations? I mean Uzbekistan has one of the most messed up economies in the world. Only here a used car costs more than a new car (I am not kidding) and Uzbekistan practically h…

While Uzbekistan is a contender for "most messed up economies in the world", Venezuela, Argentina and Zimbawe, for example will disagree with you :)

In Argentina used cars cost more than new ones as well, because new ones are often "vaporware" and take months to actually deliver. Both Venezuela and Argentina use the black market too (Venezuela being far worse than Argentina)

I see the same happens in Uzbekistan :) :

http://www.eurasianet.org/node/67469

Edit: see rafaelm's comment about Venezuela

https://news.ycombinator.com/user?id=rafaelm

I live in Uruguay but we have to deal with Argentina's problems (next-door neighbour and 3rd biggest trade partner), and Venezuela is an important trade partner, so we're very aware of their problems.

Re: 135 new currencies at Stripe

#142

Post by robryan » Wed, Feb 12, 2014, 11:40 AM UTC

crazygringo wrote: post #49

Holy shamoly! This is incredible! I'm actually checking to make sure it's not Apr 1. I'm beyond-amazed at the sheer breadth of this list. I mean, PayPal itself only supports 20-odd currencies, I think. I mean, the Brazilian Real? Literally almost no payment processors support that. And believe me, I've looked for them. This is amazing news. (As a side question, if anybody from Stripe is listening here: how exactly is…

Yes we have had this problem with many seemingly fine BRL transactions being refused. Given the small volume we do just gave up on it for now and charge them in USD.

Re: 135 new currencies at Stripe

#143

Post by nreece » Wed, Feb 12, 2014, 12:08 PM UTC

collision wrote: post #16

stephen_mcd wrote: post #13

Earlier quoted context omitted.

I don't understand how this is the case when younger competitors like Braintree and Pin are able to offer it.

Both have been up and running in Australia longer than us, actually. And we want to launch multicurrency support in Australia properly: as a default part of every Stripe account with no paperwork. We could probably get a half-baked version out the door faster, but I don't think that's fair to our Australian users either.

Curious to know, what's the hurdle or bottleneck in the process? Is it a regulatory issue or a technical one?

Been following-up with @sw (at Stripe Australia) on USD support for months now, but still waiting to see any indication.

Re: 135 new currencies at Stripe

#144

Post by vsl » Wed, Feb 12, 2014, 2:09 PM UTC

polskibus wrote: post #81

mootothemax wrote: post #28

Earlier quoted context omitted.

For myself, Poland. I've also had clients in Italy and the Czech Republic make similar noises (although, I must confess, I know comparatively little about their local alternatives).

+1 for Poland (and the rest of Central Europe! Remove the obstacles - you'll be first from the West there instead of competing with others elsewhere in Europe(PayPal, etc.)

Not really: PayPal is there and so is SaaSy/FastSpring. (I'm currently using FastSpring from Czech Republic and would love to have the Stripe option.)

Re: 135 new currencies at Stripe

#145

Post by lerouxb » Wed, Feb 12, 2014, 2:26 PM UTC

instakill wrote: post #93

pc wrote: post #27

Earlier quoted context omitted.

What countries would you like to see supported? (You can sign up in a number of European countries today: https://stripe.com/global. )

South Africa please.

+1 for South Africa

Re: 135 new currencies at Stripe

#146

Post by _urga » Wed, Feb 12, 2014, 2:32 PM UTC

pc wrote: post #27

mootothemax wrote: post #24

Are Stripe going to expand any further into Europe in the near future? I've integrated with Stripe several times now for US-based clients and am getting severely jealous!

What countries would you like to see supported? (You can sign up in a number of European countries today: https://stripe.com/global. )

South Africa please.

Re: 135 new currencies at Stripe

#147

Post by ereckers » Fri, Feb 14, 2014, 12:04 AM UTC

joewee wrote: post #104

ereckers wrote: post #101

Now if somebody could solve the recurring billing in foreign currencies issue (Indian Rupee in my case), we'd be in business.

What is the recurring billing problem?

Sorry, just getting back around to this. I think my comment was way too general.

I had a project recently that I was researching that wanted subscription/recurring payments done in Indian Rupees. Found that because of banking regulations and I believe other issues, this was not doable.

Basically, from what I found there wouldn't be a way to run a subscriptions based website out of the US targeting India and Indian Rupee as the currency.

Re: 135 new currencies at Stripe

#148

Post by gingerlime » Sun, Feb 16, 2014, 2:38 PM UTC

pc wrote: post #112

gingerlime wrote: post #110

Earlier quoted context omitted.

But 100 JPY would be 100 Japanese Yen, right? I've seen somewhere (I think paymill) where they still expect decimal points to the currency, even when it doesn't exist or makes no sense.

Right, yes; 100 yen is represented as amount=100 currency=yen. We should probably write something about this.

btw, you had/have a subtle bug where the email generated after the first successful transaction said "Payment of ¥9.00 from ..." whereas the amount charged was 900.

p.s. I absolutely LOVE stripe. In particular as a European micro-business, the activation process for accepting real payments was a breeze. Compared to pretty much all other competitors who force a very long and bureaucratic process just to get started.

Re: 135 new currencies at Stripe

#149

Post by polskibus » Mon, Feb 17, 2014, 5:57 PM UTC

vsl wrote: post #144

polskibus wrote: post #81

Earlier quoted context omitted.

+1 for Poland (and the rest of Central Europe! Remove the obstacles - you'll be first from the West there instead of competing with others elsewhere in Europe(PayPal, etc.)

Not really: PayPal is there and so is SaaSy/FastSpring. (I'm currently using FastSpring from Czech Republic and would love to have the Stripe option.)

PayPal didnt really get much traction in PL. Never heard about FastSpring. There's a local alternative PayU, which is the most used option for payment integration.