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How Braintree destroyed a successful taxi startup from Serbia

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Re: How Braintree destroyed a successful taxi startup from Serbia

#61
We put a new ecommerce site live on Magento2. We were short on time, so to make everything go more smoothly we chose to move our payments to Braintree as they have an pre integrated checkout with Magento2. Of all the things I thought I would be sitting up all night sorting out, I really didn't expect it to be Braintree, but it was. I'm sorry if this sounds harsh to Americans, but the fact it was thanksgiving did not interest me in the slightest, as we are at work that day, and so are our banks. If you want to sell your service in the UK you should be available 9-5 UK time. Braintree's 11 am opening time, was the most infuriating thing when I could see customers failing at the checkout. Other US companies I speak to have operators on from 9am our time, even if it is 3am over there. We already have a high volume Paypal acocunt, and I had to call everyone I could to pull strings to get them to answer at Braintree. Turns out the account I set up with them some weeks before had not been pushed live, except they told me it had, so we only had the introductory level of payments.

Their integration with Magento sucks too...Set up all of the anti-fraud tools and you will barely get a payment to go through...

Re: How Braintree destroyed a successful taxi startup from Serbia

#62
post #48

Earlier quoted context omitted.

Apparently Serbia is 'supported' although to what degree is unknown. Specifically, the dinar is supported. https://developers.braintreepayments.com/reference/general/c...

What you linked to is a list of countries for the address of the purchaser . It's possible for a payment processor to only accept merchants in the US, for example, while allowing that US merchant to accept purchases from any country in the world.

Close, I linked to a list of supported currencies.

Re: How Braintree destroyed a successful taxi startup from Serbia

#63
post #40
post #25

Earlier quoted context omitted.

Not necessarily. E.g. for PayPal you need to provide company president's home address in a given country. I had a company and a bnak account registered in UK, and PayPal didn't want to do business with me, because I lived in Poland. I couldnt register for Polish paypal either, because the company was in UK.

How you've opened the bank account in uk without been resident there ?

You can register and run business in UK while still living in for example Poland. Guess that was business account.

Re: How Braintree destroyed a successful taxi startup from Serbia

#64
post #40
post #25

Earlier quoted context omitted.

Not necessarily. E.g. for PayPal you need to provide company president's home address in a given country. I had a company and a bnak account registered in UK, and PayPal didn't want to do business with me, because I lived in Poland. I couldnt register for Polish paypal either, because the company was in UK.

How you've opened the bank account in uk without been resident there ?

Opening a business account when not a resident isn't hard. It's personal accounts that require proof of residence.

Re: How Braintree destroyed a successful taxi startup from Serbia

#65
post #46

Earlier quoted context omitted.

I saw a talk at the MRC conference by the woman who heads up payments for Facebook. They put a bunch of development effort into a tool that allows them to switch providers at will for exactly this reason. It not only gives them security, it allows them to seamlessly direct traffic to whomever is providing the best rates at any given time.

If you are Facebook, Amazon or someone like that it can make sense, but their level of sophistication is insane for someone that isn't making millions a month. At a smaller scale, the best that you can do is just to have bindings for the processors that do easy integration, but it's still a bunch of work that isn't going towards making more money, but towards insurance. So putting sophistication on your payments plat…

[deleted]

Re: How Braintree destroyed a successful taxi startup from Serbia

#68

this isn't new, big companies love to screw small ones. They are assholes at Braintree, that is well known, i recommend the guys at cargo to switch to Stripe. Those people are enterpreneurs like you..... hope the best for ya mate!

Stripe doesn't support Serbia.

Re: How Braintree destroyed a successful taxi startup from Serbia

#69
After reading the comments, and seeing what others have gone through, and generally speaking I'm not the biggest fan of PayPal. I gotta say: +1 to stripe! https://stripe.com/

They are fantastic to work with, and its super easy to get setup with them. Hats off!

Re: How Braintree destroyed a successful taxi startup from Serbia

#70
post #40
post #25

Earlier quoted context omitted.

Not necessarily. E.g. for PayPal you need to provide company president's home address in a given country. I had a company and a bnak account registered in UK, and PayPal didn't want to do business with me, because I lived in Poland. I couldnt register for Polish paypal either, because the company was in UK.

How you've opened the bank account in uk without been resident there ?

You don't need to be resident there. The same applies in the US, except in most circumstances you have to be physically present at the bank to actually open the account.
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