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Stripe launches in Australia

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Re: Stripe launches in Australia

#61

Earlier quoted context omitted.

Which is a statutory requirement. So not a big surprise, really. I wonder if an open vacation policy is legal too.

As long as a full time worker is allowed to take their four weeks of annual leave, then it should be fine. 'Open vacation policy' sounds like there's no maximum, so should be no problem.

Under Australian law, annual leave has to accrue so it can be paid out when the employee leaves. This isn't possible under an open vacation policy.

Re: Stripe launches in Australia

#62
post #46
post #26

For anyone from Stripe reading this, having a '401k' plan for Australia makes no sense, but is listed on the AU hiring page.

(I work at Stripe.) Don't worry, the benefits box just isn't localized (yet). We have a draft of a new jobs page we're working on, but figured we should prioritize launching products over it :).

Products are more important than people. Good to know.

Re: Stripe launches in Australia

#63

For the uninitiated, is there benefit in using Stripe (etc) over a bank merchant facility, when your business is already transacting $80,000+ per month? Working with an Australian client at the moment about moving more sales online - I don't want to hold back information about other payment processors, but can't see any benefit over their existing bank facilities. What am I missing?

I'm not sure what your conclusion would be, but don't assume that your client is correct about their real cost of transacting.

In Australia, banks will usually offer an online merchant account and a payment gateway (you can also use a third party like eway). When I worked in Australia I usually found that using a third party payment gateway worked best in terms of price. The UI can also matter. Some clients spend a lot of time in there manually processing, reviewing, refunding transactions, running reports, etc.. I had good reports from clients using Eway. Bad reports from clients using NAB. (This is 5+ years ago, so YMMV).

If the difference in price isn't really relevant in absolute terms to the overall cost of the project, I would always strongly recommend the option with better software & customer support.

The pricing structures can be complicated. If you really want to understand them, it's better to run it as an audit. What did it cost the client in the last 12 months. What would it cost them using stripe. Take into account monthly fees, per transaction fees (depends on transaction size and on volume), any anti-fraud fees, chargeback fees. You can actually send the info to stripe (or another third party gateway) aand they'll probably do the analysis for you.

You will probably find that your client is actually paying a little more than they think they are.

Re: Stripe launches in Australia

#65

Earlier quoted context omitted.

As long as a full time worker is allowed to take their four weeks of annual leave, then it should be fine. 'Open vacation policy' sounds like there's no maximum, so should be no problem.

Under Australian law, annual leave has to accrue so it can be paid out when the employee leaves. This isn't possible under an open vacation policy.

Seems like a solution would be to just have 4 weeks contracted leave which accrues. Then have an open policy on top of that which allows an employee to exceed 4 weeks per year.

Re: Stripe launches in Australia

#66

Earlier quoted context omitted.

As long as a full time worker is allowed to take their four weeks of annual leave, then it should be fine. 'Open vacation policy' sounds like there's no maximum, so should be no problem.

Under Australian law, annual leave has to accrue so it can be paid out when the employee leaves. This isn't possible under an open vacation policy.

Why on earth not? Accrue leave as normal, just allow the balance to go negative (or bottom out at zero). If it's positive when the employee leaves, pay them out.

Re: Stripe launches in Australia

#67
Someone needs to fix payment culture in Australia and also in Europe. Going to the bar with a large group of people and either paying with:

A) A pocket full of coins

B) A card but only being allowed to pay with one or two for your whole group, is just straight up silly.

Situation B happened to me a million times while I was down there for a year and it's just an annoyance, and carrying a kilo in coins is no fun either. I actually submitted a suggestion to ANZ for them to make some sort of group payment option for restaurants but heard nothing back and couldn't pursue. Hopefully someone can make something easy with Stripe.

Re: Stripe launches in Australia

#68
post #62
post #46

Earlier quoted context omitted.

(I work at Stripe.) Don't worry, the benefits box just isn't localized (yet). We have a draft of a new jobs page we're working on, but figured we should prioritize launching products over it :).

Products are more important than people. Good to know.

You are being purposefully obtuse.

Re: Stripe launches in Australia

#70
post #63

For the uninitiated, is there benefit in using Stripe (etc) over a bank merchant facility, when your business is already transacting $80,000+ per month? Working with an Australian client at the moment about moving more sales online - I don't want to hold back information about other payment processors, but can't see any benefit over their existing bank facilities. What am I missing?

I'm not sure what your conclusion would be, but don't assume that your client is correct about their real cost of transacting. In Australia, banks will usually offer an online merchant account and a payment gateway (you can also use a third party like eway). When I worked in Australia I usually found that using a third party payment gateway worked best in terms of price. The UI can also matter. Some clients spend a l…

Thanks netcan, that's a lot of really useful information.
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