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Gov.uk has replaced Stripe with Dutch provider Adyen

theregister.com

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Re: Gov.uk has replaced Stripe with Dutch provider Adyen

#211

Post by vanviegen »

aiisjustanif wrote: post #149
madhacker wrote: post #141

Good for them. Self-reliance is a good thing especially weaning off hostile Americanism.

Stripe is an EU and US company dual headquartered in Ireland and subject to the same EU regulations as Ayden. They spend a lot developing and maintaining talent in Ireland.

I'm sure Stripe EU is subject to EU regulations, just like Adyen. But unlike Adyen, they are also subject to some US regulations due to being a subsidiary. And, highly likely, they run software systems build by their US counterpart, meaning data exfiltration or even sabotage is trivial.

Re: Gov.uk has replaced Stripe with Dutch provider Adyen

#212

Post by handle584 »

jorvi wrote: post #27
toomuchtodo wrote: post #23

Earlier quoted context omitted.

Wasn't intentional, I mention SEPA and Wero in other comments, not intended to be an enumeration of all instant payment systems currently active globally. My apologies! https://www.pymnts.com/wp-content/uploads/2025/05/PYMNTS-Rea... https://www.emerald.com/cemj/article/33/4/575/1248919/The-ri... https://en.wikipedia.org/wiki/Instant_payment

> not intended to be an enumeration of all 54 instant payment systems currently active. Even then, not mentioning those who pretty much started / invented instant transfers still seems odd :) but no need to apologize haha, maybe I was a bit too abrasive. I get why you prioritized to mention those though. The Chinese and Indians have leapfrogged us. No more fussy legacy (digital) cards, just scan a QR and go. Even ill…

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Re: Gov.uk has replaced Stripe with Dutch provider Adyen

#213

Post by handle584 »

sublimefire wrote: post #196
taffydavid wrote: post #152

It hurts a little that stripe is an American company since it was founded by two Irish brothers. It could have been an EU company to begin with

Stripe is dual headquartered in the US and in Ireland afaik. They tried to avoid having just a satellite in Irl, which other companies do but which makes it harder to take decisions independently.

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Re: Gov.uk has replaced Stripe with Dutch provider Adyen

#214

Post by gib444 »

pembrook wrote: post #166
chinathrow wrote: post #155

Earlier quoted context omitted.

Why though? Because they raised a lot of capital in the US? Or because they had access to better talent in the US? As I see, there are many payment providers in the EU, just not API first as Stripe ever was.

People will blame the EU’s nightmarish fragmentation and regulatory headaches (all true)…but ultimately all factors ladder up to one thing: the availability of risk capital to invest in new ventures. When Stripe was founded Venture Capital in Europe was even more nonexistent than it is today. Regardless of the regulation, if the EU dumped 2X as much risk capital into payments startups at the same time the U.S. did, S…

> If you look at the countries who stayed out of both wars (Sweden, Switzerland)…they are currently the tech hubs of Europe. They both have more unicorns per capita than the US.

And in absolute terms, the UK has the #1 number of unicorns in Europe, 4th globally.

Re: Gov.uk has replaced Stripe with Dutch provider Adyen

#215

Post by toast0 »

KetoManx64 wrote: post #74
enos_feedler wrote: post #70

Earlier quoted context omitted.

As someone who really enjoys rewards programs, keep those scams alive!

The irony is that every couple you shop with just increases the prices of their items to deal with the fees, so you're just paying more for items to feel good about getting reward program benefits.

Given the price at the register is $X across all payment methods, I prefer to use my card that lets me pay 0.96X 30 days later. (I don't know what discount you can get from UK rewards cards...)

I hope that rewards cards go away, because they distort the market, but I'm going to use them while they're here. Rewards cards push costs onto customers that don't use them, and I don't want costs pushed onto me.

Re: Gov.uk has replaced Stripe with Dutch provider Adyen

#216

Post by JBorrow »

bigfatkitten wrote: post #137
mahmoudimus wrote: post #130

Earlier quoted context omitted.

They charge a surcharge when you pay by card, don't they?

They do, but with the redemption value I still end up ahead.

Not in Europe, where there are strict limits on credit card surcharges

Re: Gov.uk has replaced Stripe with Dutch provider Adyen

#218

Post by swexbe »

DaSHacka wrote: post #82
matt-p wrote: post #77

Earlier quoted context omitted.

You are also being subsidised by debit card users.

How many people are actually buying things on a Debit card? I imagine not a lot

Anyone who's credit rating is bad enough to not be able to get a credit card.

Re: Gov.uk has replaced Stripe with Dutch provider Adyen

#220

Post by haaz »

herculity275 wrote: post #189
dbbk wrote: post #186

Earlier quoted context omitted.

But it is Irish. Its HQ is in Dublin.

It has dual HQs. The one in Dublin is tiny (or at least it was the last time I visited), all the executive leadership is based in SF.

So why do they say they are dual HQd in Dublin/SF? Is it purely for tax purposes? How is it any different to other tech companies having their EU HQ in Ireland? I've tried researching this but I can't seem to find info on it
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