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There are competitors to stripe. Why people keep submitting themselves to their abuse is beyond my comprehension.
by elzbardico 3y ago
There are competitors to stripe. Why people keep submitting themselves to their abuse is beyond my comprehension.
- chatmasta 3y agoDo these competitors need to follow a different set of KYC/AML regulations than Stripe?
- 42droids 3y agoWould be interested in a list of the competition. (too lazy to do my own research)
- bonestamp2 3y agoSquare is probably the most similar competitor (in the US at least). Paypal has some similarities. Venmo in some ways. Clover. Ayden. Stax. Wave. There are others. Of course, most banks can also provide credit card terminals and merchant services for business customers too.
- drpossum 3y agoThis "abuse" and all the half dozen other "look at this abuse this <company I do financial transactions with> is now doing" in the last few days is actually maybe due to some new requirements effective Jan 1 2024 in the US that entities that do business here have beneficiaries registered https://www.federalregister.gov/documents/2022/09/30/2022-21020/beneficial-ownership-information-reporting-requirements https://www.federalregister.gov/documents/2022/09/30/2022-21...