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The cost of letting Stripe do all the work than moving over to another provider is extremely costly and can damage sales. Unless your provider really sucks, it
by yannoninator 5y ago
The cost of letting Stripe do all the work than moving over to another provider is extremely costly and can damage sales.
Unless your provider really sucks, it's always important to evaluate carefully and ideally stick with them unless it is really that bad.
- mytailorisrich 5y ago> The cost of letting Stripe do all the work than moving over to another provider is extremely costly and can damage sales. Yes, that's exactly my point: At some point you are completely locked in with a single supplier that holds your entire income stream and perhaps even more than that. Ideally (easier said that done, I know) you want to have at least 2 suppliers for any key piece of infrastructure as early as possible and to avoid letting a supplier 'expand' the number of tasks they do for you too much. The latter seems to be Stripe's strategy: They start with payments then expand step by step in everything related et even in things like company incorporation.
- staticassertion 5y agoI imagine that most businesses have bigger risks to deal with than this, especially in early to mid stages (where Stripe seems to target).
- mytailorisrich 5y agoPerhaps. You should always keep that in mind, though, and avoid building your system tightly-coupled to any single supplier.