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Why don't Stripe customers shift to Alipay? I don't know anything about the service, but that seems like a pretty straightforward win, if they're as similar as

• lima 4y ago
  More work to support multiple payment providers (and their respective APIs, conflict resolution procedures, fraud prevention systems...).
• reisse 4y ago
  Because countries where both work are not completely overlapping. It'd be very interesting to compare Stripe market share in countries where there are strong competitors.
• PeterisP 4y ago
  The key part of the parent comment was 'local payment systems' - that rate is for Alipay payments from China-issued payment instruments, it's not for accepting Visa or Mastercard. It wouldn't be enough for Stripe customers (merchants) to switch to a cheaper payment system, the actual consumers would have to do it as well.
• HPsquared 4y ago
  Different regulations probably.