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the beginning of the end of stripe. Instead of attracting more customers and building the ground for a healthy startup ecosystem, stripe chose the shortsighted
by jambojumbo 4y ago
the beginning of the end of stripe. Instead of attracting more customers and building the ground for a healthy startup ecosystem, stripe chose the shortsighted 'let's just charge more'. this immediately makes other alternatives like adyen more attractive...bad move and I don't get how patrick collison who roams around here let this happen. the 2.9%+0.25 was already allowing for healthy margins, and was higher than competitors.
- moneywoes 4y agoIs Aden the only competitor here?
- makestuff 4y agoSquare is as well. I think there are several players which is good because if you design your payment systems to support multiple integrations you can switch between them without a ton of friction (source: last company switched a few times based on the terms they negotiated).