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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

#6
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!

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

#8
post #6

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!

I wonder why they require you to "apply" for a merchant account, when Stripe just lets you get started ASAP.

This is nothing but good news, anything that makes accepting payments easier is a god send. If Stripe were gone tomorrow, how more difficult would our lives be?

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

#9
post #6

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!

I wonder why they require you to "apply" for a merchant account, when Stripe just lets you get started ASAP. This is nothing but good news, anything that makes accepting payments easier is a god send. If Stripe were gone tomorrow, how more difficult would our lives be?

I thought that, perhaps it's just to remain compliant on their side. Maybe it's the reason they've been able to ship despite the fact Stripe haven't.

Then again those Samwer brothers aren't short for cash.

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

#10
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?

I hope it's the real deal because the world needs it (we deal with a lot of non US developers around payments all the time so know the pain). 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.

Lastly looks like just Visa/MC. No AMEX or Discover which isn't the terrible but worth noting vs other options. (AMEX is more expensive so not having it I'm sure helped them get to 2.9%)

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