Stripe pretty much takes payment processing kicking and screaming into 2011. Merchant accounts are a serious drag. I've opened a few and they've been nothing but headaches (especially if you're young—nobody trusts you.) Couple that with getting a gateway account, dealing with credit checks, monthly fees, monthly minimums, slow people in the payments industry, PCI compliance... Stripe takes payments and put them behin…
I would love to see someone drag it kicking and screaming outside of the US. :(
Stripe: instant payment processing for developers
261–270 of 369 posts
Re: Stripe: instant payment processing for developers
#262Stripe looks great and is definitely at the top of my list. Does anyone know what name shows up on the customers statement? Is it customizable to something that includes your company name (e.g. Stripe your_name_here)?
Stripe doesn't appear at all. You have full control over what appears on the statement.
The old 1 month payout schedule was one of the few things holding me back from switching, but now that's it's more frequent, count me in!
One question, can one charge from multiple URLs with a single account?
Re: Stripe: instant payment processing for developers
#263Re: Stripe: instant payment processing for developers
#264Re: Stripe: instant payment processing for developers
#265US only. Well, I kind of knew it before even hitting FAQ. A bit of a rant here, but it's crazily difficult to do so many interesting things when you don't live in top-20 country (Lithuania here) Stripe? Nope. BrainTree? Nope. Recurly? Nope. Something else... Likely, Nope. And so, the only way to get paid is to deal with some of the most expensive and oldest gateways and merchant accounts. Oh, and: Hulu? Nope. iTunes?…
Does this mean you have a huge opportunity to be the Stripe (or Braintree/Recurly/Hulu etc) of Lithuania?
- Global market players don't come because they don't think the effort would pay for itself.
- The country is too tiny to make cloning business models feasible.
In Europe, there are a lot of tiny countries: 3 baltic states, 3 transcaucasian states, moldavia, some former yugoslavian states. And then you have countries that are just small and not very rich, so they are always late to any party: most of western europe, greece perhaps. Even some core european countries might see this effect (for example, where does Amazon work?)
And trying to bootstrap in ten mostly unrelated countries at once would lead to failure. And if you succeed, global players might come and eat your lunch.
It's an interesting effect where a small country suffers a noticeable drop in quality of online life due to many services being unavailable.
Re: Stripe: instant payment processing for developers
#266Not to take away from the product, which I think is pretty awesome, but I do foresee a rather sticky issue should the company blow up somewhere down the line; the logo is rather reminiscent of that of my former employer Deutsche Bank's, and I wouldn't put it past the multinational financial behemoth to take notice, with potential financial consequences, especially as Stripe pushes its product internationally. For ref…
Stripe does not currently have a logo, other than the word Stripe.
Re: Stripe: instant payment processing for developers
#267Re: Stripe: instant payment processing for developers
#268Earlier quoted context omitted.
Does this mean you have a huge opportunity to be the Stripe (or Braintree/Recurly/Hulu etc) of Lithuania?
That's the problem with tiny countries: - Global market players don't come because they don't think the effort would pay for itself. - The country is too tiny to make cloning business models feasible. In Europe, there are a lot of tiny countries: 3 baltic states, 3 transcaucasian states, moldavia, some former yugoslavian states. And then you have countries that are just small and not very rich, so they are always lat…
Specific stuff like online payments very much depend on local context, and in many countries they barely even have the problem Stripe is trying to solve for the US market.