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Stripe enters Asia with Japan beta launch

techinasia.com

41–49 of 49 posts

Re: Stripe enters Asia with Japan beta launch

#41
post #21
post #18

I know they should be doing their best to roll out internationally as soon as possible. But in Brazil everybody is fed up with all the existing payment solutions. Please Stripe, come take our money. (I'm not joking).

We want your money. We're coming for it.

Tip: Turkey has a growing startup economy. Great opportunities there.

Re: Stripe enters Asia with Japan beta launch

#43

Is there any guide about what it takes for Stripe to launch in a country? From this article it seems that it was entirely Stripe's choice to launch in Japan (rising culture of startups apparently) so why not entering the Eastern Europe (Poland. Croatia, Romania etc) too? Take Romania for example, we would love to have a decent alternative to PayPal, are there any legislation impediments that prevents Stripe from ente…

Japan is the second largest and most homogenous consumer economy in the world, and everything works here (infrastructure, payments, etc).

That was the rationale that the cofounder of a different major Silicon Valley payments company told me when they chose Japan as the first country outside the US, and it seems like a credible rationale for Stripe to put Japan high on their list.

There's also a very low rate of fraud here in Japan, which should count for a lot.

Re: Stripe enters Asia with Japan beta launch

#44
post #31

Earlier quoted context omitted.

> Japanese people have on average 2.6 credit cards[1] and spend on average about $3000 a year on those cards. So yes, they're used less often but they have broad adoption. I've never seen a really detailed report that drills down into where people use them. Most people I know with cards will use them (or are forced to use them) for internet/cell phone payments, then pay for anything they buy on their smartphone throu…

> it's difficult for me to see exactly where it would make my life easier or better As a shopper it won't. Stripe is not targeted at shoppers but at website developers who want to implement credit card payments in a sane and easy way. As a user, you should not care whether the website is using Stripe or not (although their UX is usually nicer by default and their development guidelines help the implementation be more…

As a developer, I welcome this open armed. I've come into contact with several payment gateways (GMO/Econtext/F-regi) while working in Japan, and all of their API's have been an atrocity, with lackluster documentation.

Re: Stripe enters Asia with Japan beta launch

#45

Is there any guide about what it takes for Stripe to launch in a country? From this article it seems that it was entirely Stripe's choice to launch in Japan (rising culture of startups apparently) so why not entering the Eastern Europe (Poland. Croatia, Romania etc) too? Take Romania for example, we would love to have a decent alternative to PayPal, are there any legislation impediments that prevents Stripe from ente…

Have you tried using paymill? It's available in the entire EU...

Re: Stripe enters Asia with Japan beta launch

#46
post #29
post #4

I'll be interested to see how well they do. In Japan there is Webpay which is almost a carbon copy of Stripe and was recently bought by Line so now has some clout behind it.

The problem with every Stripe clone in Japan is that they're all great on the surface but they trip up on the attention to detail that Stripe has, and they just wind up feeling like inferior product as a result. In addition, Stripe's documentation and support has always been top notch. Whenever I tried to get help from WebPay it took forever, and more than once I had to patch their own libraries to make things work p…

I agree whole-heartedly. Copying foreign innovation for the Japanese market is a common business model in Japan, but it usually falls down on the details.

Re: Stripe enters Asia with Japan beta launch

#47
post #7

It's nice to see Stripe coming here, but I wonder how much demand there really is for it. Many (Japanese) people I know would rather stick to bank transfers and payment at convenience stores than use credit cards. All of our company-to-company business is handled with bank transfers. The only reason we have a credit card is for international transactions, I guess. On a semi-related side note, I saw Square out in the…

(I work at Stripe.) I'd think of Stripe as more than just credit card payments. We already accept bank transfers in private beta in the US and would obviously love to expand this to other countries once it's ready. That said, it turns out credit card payments make up 60% of online commerce in Japan [1], so we figured we'd start with that! [1] http://asia.nikkei.com/Business/Consumers/Japan-credit-card-...

Any chance of more esoteric payment methods like convenience store payments?

Re: Stripe enters Asia with Japan beta launch

#48
post #7

It's nice to see Stripe coming here, but I wonder how much demand there really is for it. Many (Japanese) people I know would rather stick to bank transfers and payment at convenience stores than use credit cards. All of our company-to-company business is handled with bank transfers. The only reason we have a credit card is for international transactions, I guess. On a semi-related side note, I saw Square out in the…

(I work at Stripe.) I'd think of Stripe as more than just credit card payments. We already accept bank transfers in private beta in the US and would obviously love to expand this to other countries once it's ready. That said, it turns out credit card payments make up 60% of online commerce in Japan [1], so we figured we'd start with that! [1] http://asia.nikkei.com/Business/Consumers/Japan-credit-card-...

Is there a way to get included in the ACH beta?
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