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The usual gripe - my company is based in New Zealand, and it's well nigh impossible to open a US bank account so we can't use Stripe or Wepay. I'd love to know
by foxylad 15y ago
The usual gripe - my company is based in New Zealand, and it's well nigh impossible to open a US bank account so we can't use Stripe or Wepay. I'd love to know how many of PayPal's merchants are non-resident, it's the only reason we use them.
In fact, if it wasn't for PayPal non-US websites selling to the US would be almost impossible. The US has a massive advantage in that the rest of the world is happy to pay in US dollars, but US citizens won't pay in other currencies.
So here's a very lucrative challenge, Stripe and Wepay: the one that figures out how to allow non-residents to set up an account first simply has to post the news to HN and will be flooded with new accounts. I'd switch within 24 hours if there was a viable alternative to PayPal.
- Vivtek 15y agoIn tepid defense of US customers - even US banks can't really figure out foreign currency. We went to the bank in Bloomington, Indiana to exchange some Euros we had laying around and they literally had no way to handle them. The best they could offer was to mail them to American Express. Or drive to the airport in Indianapolis. And this wasn't a local bank, it was Chase Manhattan's branch in Bloomington. We ended up driving to the airport in Indy. No way am I just going to put a few hundred Euros in cash into the mail.
- aysar 15y agoYup, i'd switch to either Stripe or WePay- tbh, being based in Canada... Stripe/WePay guys make it seem like we're foreigners o_O