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Braintree launches instant underwriting

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Re: Braintree launches instant underwriting

#31
post #4

Reading about all these innovations in the payment market is great, but unfortunately for most of us in Europe, PayPal is still the only option that makes sense most of the time, unfortunately. :(

Would love to hear some of the reasons for that. Lack of credit card usage? rates? I'm curious and I bet companies in the space would love to hear some of the reasons why.

Can't speak for Braintree, but generally US-launched financial services take some time to expand internationally for two reasons: 1) tons of compliance and regulation unique to each country, and 2) having to interface with the specific payment technologies in that country.

PayPal is one of the best international payment options because it's had more time and money to throw at these problems than almost anyone else.

Re: Braintree launches instant underwriting

#32
post #4

Reading about all these innovations in the payment market is great, but unfortunately for most of us in Europe, PayPal is still the only option that makes sense most of the time, unfortunately. :(

Actually, European payments market is getting more and more exciting, starting with - shameless plug - PayLane http://paylane.com (we even have DevZone for IT geeks http://devzone.paylane.com). I see that you're based in Switzerland, so assuming you don't have a high risk business (porn, drugs, guns etc.), opening a merchant account should be fast and problem-free.
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