payments, in general, are terrible for startups. They are low margin, high capital cost, extremely regulated, and highly competitive. The incumbents have zer

payments, in general, are terrible for startups. They are low margin, high capital cost, extremely regulated, and highly competitive. The incumbents have zero interest or incentive to work with you, so you have to be very well connected to get anything done. All of these alone make it a bad idea for a startup, but combined, they are nothing short of insurmountable for all but the experienced and well funded founders. Here is a great piece by Danny Shader, CEO of PayNearMe. They are one of the most successful payments startups in recent history. You should give it a read: http://venturebeat.com/2015/02/17/so-you-want-to-start-a-payments-company/ http://venturebeat.com/2015/02/17/so-you-want-to-start-a-pay...