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PayMill, Stripe clone, rolls out silently across Europe

paymill.com

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Re: PayMill, Stripe clone, rolls out silently across Europe

#33
post #28

At Spreedlycore we support 40 + payment gateways. (our target audience are developers/applications that need to work with more than one payment gateway) No one's asked us about PayMill yet. It'll be interesting if they do. It worries me when the first two sentences contradict each other: "Paymill enables you to offer credit card payments on your website within a short time. There is no waiting time" Which one is it?…

> But Stripe hasn't nailed it and Braintree couldn't nail the "immediate sign up" outside of the US so I too will wait to hear if it's all that much different. Correction: Braintree hasn't nailed it even inside US, despite reports otherwise. Even though you can sign up and get started with a developer account immediately, there is a human underwriter who looks at your account and activates production. This process mi…

At Braintree, most new merchants are automatically approved to start processing without any human review. In some cases, an application will need an underwriter to take a look at it before it's fully approved. The advantage of this approach is that we won't tell you that you're good to go, but then shut you down a few weeks or months down the road after you've already started processing.

Re: PayMill, Stripe clone, rolls out silently across Europe

#35
post #28

Earlier quoted context omitted.

> But Stripe hasn't nailed it and Braintree couldn't nail the "immediate sign up" outside of the US so I too will wait to hear if it's all that much different. Correction: Braintree hasn't nailed it even inside US, despite reports otherwise. Even though you can sign up and get started with a developer account immediately, there is a human underwriter who looks at your account and activates production. This process mi…

At Braintree, most new merchants are automatically approved to start processing without any human review. In some cases, an application will need an underwriter to take a look at it before it's fully approved. The advantage of this approach is that we won't tell you that you're good to go, but then shut you down a few weeks or months down the road after you've already started processing.

The UK process (at least when we investigated it) and I assume the rest of the recently added countries is still very much send us more paperwork then a bank ever will ask for to a black hole email (or sftp) at Braintree and say a pray.

This is no worse then any of the other payment processors in the UK but hardly the frictionless option that is in the US.

Re: PayMill, Stripe clone, rolls out silently across Europe

#37
post #34

Earlier quoted context omitted.

If your business accepts credit card payments, you must be PCI compliant.

What means PCI compliant ?

First result on Google - but here it is anyways: http://www.pcicomplianceguide.org/pcifaqs.php#1

Re: PayMill, Stripe clone, rolls out silently across Europe

#38
post #27

Earlier quoted context omitted.

Not if you want to receive in euros.

Correct. I don't want Stripe to do the conversion. We want to receive dollars from US customers, and Euros from EU customers.

Shouldn't be too hard to create a script that sends a Stripe form to US customers (either based on country selection or just IP) and a Paymill form to EU customers.

Re: PayMill, Stripe clone, rolls out silently across Europe

#39

Do I have to be PCI compliant if I use them?

If your business accepts credit card payments, you must be PCI compliant.

Most gateways are structured so that your own systems never see card information.

Re: PayMill, Stripe clone, rolls out silently across Europe

#40

It's definitely been very annoying for us outside of the US watching the light speed evolution of payment systems happening there and only there . So this is good news for my European friends.

It's true, the motto of HN is that ideas are nothing, execution is everything.

Yes the Samwise brothers outright steal ideas, but if you object then go and out-execute them in Europe. If you can't do that and the competition was fair, then the market has found a better solution. The only other path is in mandating a monopoly

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