4 ms·
Disagree. Every ecommerce company and retailer looks at payment fees as money left on the table. The more money Stripe take on, the more they need to return t
by buro9 6y ago
Disagree.
Every ecommerce company and retailer looks at payment fees as money left on the table.
The more money Stripe take on, the more they need to return to investors, and so the more pressure to make margin. That is the opportunity for the future.
I too doubt it would come from a bank, nor from Visa and Mastercard... but could another exist? Yes!
If it came from a big player, I'd be looking at Shopify.
- ampdepolymerase 6y agoShopify already has a first party processor, but they are not available to non-shopify customers.
- aliyfarah 6y ago100% agree. Customers do not know or care whether Stripe is being used to process their credit card transactions. There is zero brand loyalty on their side. And merchants absolutely will switch in a heartbeat if there was an existing service with similar ease of use and lower fees.