Isn't Japan mostly cash-based? Seems like an interesting location to expand to.
Stripe in Japan
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Re: Stripe in Japan
#12> ANA (the largest airline in Japan)
Just nitpicking here but for marketing-wise, I think this is a rather unwise wording.
ANA is one of the two biggest airline companies in Japan, but they only became so in 2014, and it's fairly questionable if they can stay that way forever. The two companies are fiercely competing. By stating one of them "the largest" you're giving people an impression that you are being too pushy or not careful enough. I dunno in the US, but this is bad for potential customers in Japan who would expect certain prudence from financial companies. And apparently they just translated this into Japanese straightforward, which they shouldn't if they really care about marketing in Japan. Hope they learn these subtleties soon.
Re: Stripe in Japan
#13We (at MakeLeaps) integrated Stripe as an option in our SaaS product for small businesses in Japan pretty much as soon as it became available in beta. Our users can send Japanese invoices and have them paid through Stripe. We just flipped on multi-currency support when they launched it in beta and it was done in a day.
They've been rolling out features to close the gap in functionality with the US product and working really closely with us. Daniel and their team has been great to work with and having local support staff is really important in this market. So yeah, we're fans.
Compared to how difficult it can be for our customers to get up and running with other payment providers and how quickly they can get paid out, Stripe has the potential to be a big influence on the payments space in Japan.
BTW, if you know anyone running a business in Japan and want a bilingual back-office that is easily integrated with Stripe, just look us up!
Re: Stripe in Japan
#14> ANA (the largest airline in Japan) Just nitpicking here but for marketing-wise, I think this is a rather unwise wording. ANA is one of the two biggest airline companies in Japan, but they only became so in 2014, and it's fairly questionable if they can stay that way forever. The two companies are fiercely competing. By stating one of them "the largest" you're giving people an impression that you are being too pushy…
ANA is the largest airline in Japan though.
Re: Stripe in Japan
#15Isn't Japan mostly cash-based? Seems like an interesting location to expand to.
Most of it here is cards(credit and preload), my wife and her family very rarely use cash.
On the other hand I prefer to, difficult to find d out what's wrong when the stop workers speak Japanese and I don't haha
Re: Stripe in Japan
#16So happy about this, I've been on the stripe beta here for a while, and the support has been amazing. Keep up the good work!
Re: Stripe in Japan
#17Does this mean Stripe Japan users can now accept USD, or is it still only JPY?
This does mean that Stripe users in Japan can charge in USD, or our other supported currencies. You put the currency in the API call based on whatever logic you want; we charge the user's CC in the specified currency; we credit your bank account JPY at the appropriate rate. (I work at Stripe, in Japan.) As is typical for Stripe, this involved an ungodly amount of offline work to enable an extra query parameter that m…
Great news!
Re: Stripe in Japan
#18Isn't Japan mostly cash-based? Seems like an interesting location to expand to.
Yes it's mostly cash and there are many places (like restaurants) where they ONLY accept cash, too. So you always need to have some cash on you.
Re: Stripe in Japan
#19Isn't Japan mostly cash-based? Seems like an interesting location to expand to.
I'd probably agree with that assessment, but I'd also agree that Japanese consumers will charge over $50 billion in online CC payments this year. "Third largest economy in the world" is all sorts of interesting.
Re: Stripe in Japan
#20What about India? Any plans?