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Stripe launches German beta

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Re: Stripe launches German beta

#22

Just got accepted into the Australia Beta, its working awesome.

Thanks for mentioning this! I had completely missed the announcement. That's really exciting, I wonder if pin.net.au will adjust their pricing to match Stripe's. Good to have some healthy competition locally.

Re: Stripe launches German beta

#23

I was just about to go with Paymill. It's great to have one more option. Now the rest of Europe please.

What speaks against Paymill? Are there any problems with them? They support a lot more countries than Stripe right now.

Edit: Just read that its from the Samwers. Might be enough to wait for Stripe then.

Re: Stripe launches German beta

#24
post #18
post #6

Earlier quoted context omitted.

I'm in an office in Berlin as I type this. Every person around me has a credit card. Every German I personally know, including my destitute student friends, have credit cards. It's not like online retail isn't a huge business here, and credit cards are the easiest payment method available, due to the incredibly restrictive nature of German banks. A lot of startups here have been screaming for this day.

I have one, too. The younger generation is okay with this, but most older people prefere "real" money :\

It's the same in Switzerland. But in the last few years the older people caught up quite a bit and in a few years it won't be an issue anymore.

Re: Stripe launches German beta

#26
post #4

Sadly Germans hate credit cards.

Maybe, but it's certainly not hard to get a credit card in Germany. I moved from The Netherlands to Germany on August 1 and I got a credit card with my bank account at no extra cost.

A really big difference here however is that for daily groceries people tend to pay in cash and for lower amounts they'll refuse use of a debit card, while in The Netherlands practically everyone pays with a debit card all the time.

It would be interesting to see per-country statistics.

Re: Stripe launches German beta

#28
post #7
post #5

Earlier quoted context omitted.

One you get into one EU country, dealing with other EU countries is probably quite a bit easier...

Especially if that first country is Germany, as they're one of the economic powerhouses of the EU.

They were already in beta in the Netherlands for a while actually.

Given that we're quite similar to Germany except for being a bit more focussed on international trade, we might have been a test run for German deployment though.

Re: Stripe launches German beta

#29
post #15

Earlier quoted context omitted.

Really? I'm certain they hate the notion of credit too which has long been attributed to their post-war mindset. Are other European notions similarly disposed towards credit (and thus credit cards), too?

Credit card usage isn't low here because Germans hate credit, it's because we simply have had better alternatives for ages. Instead of credit cards people use Electronic cash ( https://en.wikipedia.org/wiki/Electronic_cash ) in stores which is much cheaper for merchants, so they often don't even accept credit cards because of the fees. Online payments and payments of bills are usually done through direct withdrawals…

I always wondered why the US is so opposed to direct debit? It is so much easier and safer than credit cards or sending cheques by mail.

The problem is that the rest of the world standardizes on credit cards. You cannot book a hotel or a conference without it. This is probably the only reason, why germans adopt credit cards: International travel.

Re: Stripe launches German beta

#30
post #9
post #4

Sadly Germans hate credit cards.

Credit card usage is somewhat lower in Germany (though by a smaller margin than people think), and we considered holding off 'till we had a better answer to this. But we thought about it more, and talked to a bunch of German companies, and realized that a lot of German users want to sell to a global market in the very same way that, say, an American company would -- there isn't necessarily a tight coupling between th…

I just signed up for PayMill yesterday, but didn't send them the paperwork yet. I might as well sign up for Stripe then.
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