41–50 of 107 posts
Earlier quoted context omitted.
What means PCI compliant ?
First result on Google - but here it is anyways: http://www.pcicomplianceguide.org/pcifaqs.php#1
Can I use PayMill to except payments from clients in the EU if I'm a US-based business?
While I applaud any move to bring more payment options in Europe this is really still very german focused and appears only half baked. The English documentation is interesting with lots of muddled terminology and when you start the application process bit's of it are still in german in places. The site also seems to lack error and confirm messages (wondering if this is simply not translated) For those in the UK jumpi…
But a small correction: we support the local currency of your company. If you are based in the UK, you'll be able to accept GBP. If you need support for other European currencies, you can contact us and we can certainly look into it.
About the PCI compliance: you don't have to be PCI compliant, for one reason: the payment data never reaches your server. Our javascript bridge solution takes care of sending the data directly to our payment servers (which are PCI compliant), so you don't have to be.
I'm not sure what you mean by not being frictionless for UK companies. Is this about the points above? If not, please do let us know what your concerns are :-)
This was created by the Samwer brothers, who have an interesting history of cloning sites and flipping them, often to the company they cloned: http://www.wired.co.uk/magazine/archive/2012/04/features/ins... So, proceed with caution if you decide to use them. (That being said, I wonder if Stripe will just buy them in order to get European payments working?)
Additionally, I don't know if I can criticise their model. Yes, it's not very innovative, but on the other hand you can think of it as a outsourced European development team for US-based startups. They know the market, the language(s), the problems. They do the development work and then if the original startup wants to buy the product, they can. Who knows, perhaps it might even end up being not much more expensive than setting up the infrastructure and acquiring the knowledge required to operate in the EU. It might also serve as a test case: "is service X really going to work in the EU?". They take the risk that something might not work.
As an EU-based developer (who never used any of their products. yet?), I also think it's valuable for us (EU-based developers). Instead of waiting for startup X to get their act together, they offer us an alternative, which then later might be merged with the original product.
As a side note, there is a bit of a unintentional Schadenfreude to be found in this article as well. Since it's 6 - 7 months old, their investments in Facebook, Zynga and Groupon doesn't look so hot anymore as it did back then. Maybe they should avoid the investment side of things.
Edit: grammar
The site has German words on some pages even though I've switched to the English locale.
Looks like half backed
The activity of a Payment Service Provider is heavily regulated in EU, a license is required - But no mention of this on the site.
This connection is untrusted. The certificate is only valid for the following names: .paymill.de , paymill.de http://i.imm.io/Lcpp.jpeg Anyone else getting this error?
There are a lot of questions still to be answered before I'd go anywhere near this service for a UK company...
This is major news for startups in Europe. Major news. The only issue I have is that the activation process seems like any other merchant account application. It will be interesting to hear from people who are rejected in the activation process to see how 'frictionless' these guys really are!
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?…
This connection is untrusted. The certificate is only valid for the following names: .paymill.de , paymill.de http://i.imm.io/Lcpp.jpeg Anyone else getting this error?
I didn't get that far, but I did notice that their blog is in German and hasn't been updated for over a month. There are a lot of questions still to be answered before I'd go anywhere near this service for a UK company...