Stripe launches in Australia

Post by JacobAldridge » Tue, Jul 22, 2014, 1:41 PM UTC

te_chris wrote: post #59

JacobAldridge wrote: post #58

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?

It all comes down to money right? Doing that volume probably doesn't make sense to use stripe as px and a merchant account is probably much cheaper due to leverage against the banks. I'm ecstatic about stripe though as it's so hard to start taking payments well here in Australasia. It's a massive boon for small operators.

Post by ceejayoz » Tue, Jul 22, 2014, 2:50 PM UTC

illumen wrote: post #62

gdb wrote: 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.

Post by veb » Tue, Jul 22, 2014, 3:19 PM UTC

dalanmiller wrote: post #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 eithe…

Post by NicoJuicy » Tue, Jul 22, 2014, 3:26 PM UTC

maknz wrote: post #44

thairu wrote: post #8

Earlier quoted context omitted.

We are working on New Zealand, but don't have an immediate ETA for an New Zealand beta. Sign up at https://stripe.com/global to be notified when we launch

Please, please come to NZ. We are stuck in an awful monopoly of Payment Express and overpriced merchant accounts.

Post by benologist » Tue, Jul 22, 2014, 11:45 PM UTC

elithrar wrote: post #42

benologist wrote: post #39

What actually prevents Stripe from just being international?

> What actually prevents Stripe from just being international? The need to partner with a local bank to provide merchant services/accounts. i.e. Pin Payments partners with NAB in Australia, with NAB setting up an "invisible to the user" merchant account. It's part of their model - you just deal with them, not the bank, not anybody else.