Will it be possible to pay the UK VAT returns with this new payment platform? Paying the UK VAT return with a credit card from Spain does not work because there is an address verification which is not possible because Spain's credit cards do not share customer address information, so we need to use wire transfer instead, which has a higher transaction cost.
Gov.uk has replaced Stripe with Dutch provider Adyen
221–230 of 253 posts
Re: Gov.uk has replaced Stripe with Dutch provider Adyen
#222Earlier quoted context omitted.
Interchange average in the UK was about 0.2% last time I looked (which was a few years ago), it't not much anyway. Also the government doesn't really do card transactions. I imagine this is for fairly rare things like renewing your passport, booking a driving test or buying a title copy. Oh and visa fees maybe? Small beer anyway, it's not like people are paying taxes via card.
Why do you think that? People definitely pay taxes by card. But regardless this contract is _not_ for HMRC payments, its for gov.uk pay which is basically a centralised service that other services can use.
Most underpaid taxes are collected via a change in tax code for the following year.
Re: Gov.uk has replaced Stripe with Dutch provider Adyen
#223Earlier quoted context omitted.
Indeed. It's a triumph of consumer protection laws failing to protect consumers. Merchants here have to set their prices a bit higher to compensate for the fees and you still have to pay those higher prices as a customer even if you're using a more efficient payment method. I will never understand why the law wasn't set the other way - requiring explicit disclosure of payment fees to end customers and prohibiting pay…
I would say it’s regulatory capture. Some others would call it incompetence. Probably both in the UK
It might have been regulatory capture - though I have seen no specific evidence of that myself. It might simply have been the old story about a road and good intentions. At this point it doesn't really matter how it happened - it would be better if the situation were fixed in any case.
Re: Gov.uk has replaced Stripe with Dutch provider Adyen
#224Earlier quoted context omitted.
Interchange average in the UK was about 0.2% last time I looked (which was a few years ago), it't not much anyway. Also the government doesn't really do card transactions. I imagine this is for fairly rare things like renewing your passport, booking a driving test or buying a title copy. Oh and visa fees maybe? Small beer anyway, it's not like people are paying taxes via card.
Road fund licence aka car tax is probably the most common thing that lots of people pay for regularly.
In the UK, the so-called car tax is an emissions tax (i.e. electric vehicles pay £0) and doesn't pay for road maintenance etc. Roads are paid for out of general taxation (e.g. income tax). Actual road tax ended in 1937.
I feel this is worth correcting as "don't bloody pay road tax" is a common form of abuse aimed at cyclists which is wrong on a number of levels. A lot of cyclists also drive a car and non-driving cyclists would fund roads if they pay tax. Another way to think about it is that the emissions tax for cycles would be zero anyway.
Re: Gov.uk has replaced Stripe with Dutch provider Adyen
#225Earlier quoted context omitted.
perhaps they are capped only for EU merchants, because EU government works to protect their own companies and citizens from foreign artificial unregulated monopolies. in US, the government is more protective of private monopolies due to lobbying
How are you defining monopolies? Companies that are successful? Because you seem to be defining most US companies that do business in Europe as monopolies. It seems that this is the kind of mindset that has kept Europe behind. Too bad. Regulation that keeps out competition or needlessly puts obstacles in place is bad for the consumer, bad for employment, and bad for the general standard of living. And If you think US…
Monopolies are one-two companies that capture the market and lobby the government to fortify the regulatory capture via:
1. regulatory bloat, artificial increase in cost of business to prevent new competition
2. lack of anti-trust enforcement, government fails to protect the consumer and instead protect the monopolies' income
Re: Gov.uk has replaced Stripe with Dutch provider Adyen
#226Earlier quoted context omitted.
Like with everything in business and engineering, there's a tradeoff. My previous employer used Adyen as major payment provider (for quite some time, too). Their cost structure is sensible, the payment methods they support are convenient[ß], and their functionality is reasonably solid even in the edge cases. But everyone who maintained the payment service kept cursing Adyen for their awful APIs. The python runtime po…
As a Stripe customer I can attest to its simplicity: you have API that you call and that's it. You don't have to deal with any of the PCI stuff if you would do it in-house, just an SAQ once a year. The back-end is also super simple and easy to set up antifraud rules and so on.
Do you have 3d secure or whatever the marketing name is for it this week?
Because it's my impression that either Stripe doesn't support it or it's so hard compared to the rest of their API that no one does it...
Re: Gov.uk has replaced Stripe with Dutch provider Adyen
#227[dead]
Re: Gov.uk has replaced Stripe with Dutch provider Adyen
#228[flagged]
Re: Gov.uk has replaced Stripe with Dutch provider Adyen
#229Earlier quoted context omitted.
uh, I'm including the card issuers as participants in this multi-party scam
it is illegal for Merchants to charge credit card processing fees by law, they have to absorb these fees and cannot display them to the customer. This naturally protects the artificial oligopoly of visa/mc/discover systems. The moment you allow Merchants to charge cc fees (even 2-3%) and allow customer to choose low processing option (ACH/debit card/cash), the whole scheme falls apart and Visa/MC will slowly go bankr…
> they have to absorb these fees
absorb and then pass on as general "costs have risen". It's not like it's coming out of their profits, exclusively.
Re: Gov.uk has replaced Stripe with Dutch provider Adyen
#230Earlier quoted context omitted.
it is illegal for Merchants to charge credit card processing fees by law, they have to absorb these fees and cannot display them to the customer. This naturally protects the artificial oligopoly of visa/mc/discover systems. The moment you allow Merchants to charge cc fees (even 2-3%) and allow customer to choose low processing option (ACH/debit card/cash), the whole scheme falls apart and Visa/MC will slowly go bankr…
> they have to absorb these fees absorb and then pass on as general "costs have risen". It's not like it's coming out of their profits, exclusively.
if people could choose Debit card for no fee vs Credit card for 2.5% fee, then customers would reduce their usage of cc for purchases