PayMill, Stripe clone, rolls out silently across Europe • Hacker News Board

Re: PayMill, Stripe clone, rolls out silently across Europe

#101

Post by jtheory » Mon, Nov 12, 2012, 8:20 AM UTC

toomuchtodo wrote: post #30

maaku wrote: post #27

Earlier quoted context omitted.

Not if you want to receive in euros.

Correct. I don't want Stripe to do the conversion. We want to receive dollars from US customers, and Euros from EU customers.

I started a reply here simply to comment that Stripe doesn't do currency conversion, they just charge in USD.

But I double-checked their FAQ and couldn't verify that, actually... I can't find details on how they manage the actual charge to foreign cards.

It's an important issue, because if they just charge in USD, holders of foreign cards will presumably see a "foreign transaction fee" in their statement, which discourages future purchases.

If they are able to charge the card in its own currency and avoid the fees, that means they're doing the conversion themselves, and setting the rate.

I still suspect it's the former solution, but I'll have to ask about that....

Re: PayMill, Stripe clone, rolls out silently across Europe

#102

Post by Fundlab » Mon, Nov 12, 2012, 8:40 AM UTC

gkoberger wrote: post #21

This was created by the Samwer brothers, who have an interesting history of cloning sites and flipping them, often to the company they cloned: http://www.wired.co.uk/magazine/archive/2012/04/features/ins... So, proceed with caution if you decide to use them. (That being said, I wonder if Stripe will just buy them in order to get European payments working?)

Oliver Samwer's response to the negativity being circled about him. http://www.idea-lab.org/videos

Also, I think it's a bit unfair to reduce the brothers to a "copy-cat" title. This happens everywhere, its just that they are the most successful at it. There are a lot of really cool tech companies in the valley that are relevant to non-english-speaking countries and developing ones but these countries don't fully benefit because the originators of the ideas pay no special attention to this countries. Mere providing different language translations does not breakdown the different albeit subtle differences between different cultures.

I think the samwers should be commended for what they do especially for their German market.

Re: PayMill, Stripe clone, rolls out silently across Europe

#103

Post by ujdtyhf » Mon, Nov 12, 2012, 12:57 PM UTC

schmrz wrote: post #56

If someone was wondering here are the supported countries: Denmark, Germany, Estonia, Finland, France, Greece, Ireland, Iceland, Italy, Latvia, Liechtenstein, Lithuania, Luxembourg, Malta, Netherlands, Norway, Austria, Poland, Portugal, Sweden, Switzerland, Slovakia, Slovenia, Spain, Czech Rep ., Turkey, UK, Hungary, Cyprus (Greek part), Israel. (from https://www.paymill.com/en-gb/support-3/worth-knowing/terms-... )

Note that the standard form of payment in Poland is wire transfer. There are gateways for it, like przelewy24.pl or payu.pl.

Nobody pays online with a credit card.

Re: PayMill, Stripe clone, rolls out silently across Europe

#104

Post by RaduC » Mon, Nov 12, 2012, 11:27 PM UTC

jpkrohling_jpk wrote: post #42

toomuchtodo wrote: post #20

Can I use PayMill to except payments from clients in the EU if I'm a US-based business?

Your company needs to be registered in one of the countries we support. Other than that, payments can come from any country.

Will you support Romania as well?

Re: PayMill, Stripe clone, rolls out silently across Europe

#105

Post by tripzilch » Thu, Nov 15, 2012, 7:03 PM UTC

gkoberger wrote: post #21

This was created by the Samwer brothers, who have an interesting history of cloning sites and flipping them, often to the company they cloned: http://www.wired.co.uk/magazine/archive/2012/04/features/ins... So, proceed with caution if you decide to use them. (That being said, I wonder if Stripe will just buy them in order to get European payments working?)

Yeah, and it was about time they did Stripe!

Re: PayMill, Stripe clone, rolls out silently across Europe

#106

Post by exim » Sat, Nov 17, 2012, 5:29 PM UTC

jpkrohling_jpk wrote: post #88

exim wrote: post #51

Earlier quoted context omitted.

Where can I see the list of supported countries?

We have it both in our Terms and Conditions page (hint: Belgium is missing there, but that's a mistake) and in our activation form.

Thanks. Any plans to add Georgia?

Re: PayMill, Stripe clone, rolls out silently across Europe

#107

Post by kc0bfv » Mon, Nov 19, 2012, 3:50 PM UTC

guard-of-terra wrote: post #94

kc0bfv wrote: post #81

Earlier quoted context omitted.

I suspect citizens of Iran, North Korea, China and the old USSR would disagree with that last sentiment. Ooh! And the US (Cuban cigars).

Do you think there are no iPhones in Iran or North Korea? Hint: there are. Even in USSR people managed to smuggle enough British LPs and Japanese tape recorders to kickstart a Rock movement. It's not that hard. Compare this to major IT services (Amazon, iTunes, movie streaming) not available in quite a few otherwise rich and democratic, albeit small, countries; or even only available in a selected few of countries.

Well, I guess my point was that there are a lot of physical goods that US companies may not sell to these countries due to sanctions - political reasons. Certainly folks circumvent these measures. People also circumvent regional restrictions on Internet services with VPNs. I'm sure this company doesn't want to smuggle its service in. I have no idea why the service isn't available in some specific area, but I suspect "not being recognized by the EU" isn't the primary reason. Though that may make implementation more difficult in an area.

My impression has been that companies have prevented each other from distributing to some of those rich and democratic small countries. Through region specific licensing of their media they've limited distribution. I don't think those are political measures, although certainly in other cases companies have used political means to achieve their goals.