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Competition is good for consumers. So in essence this is probably one of the positive effects Stripe has on the payments landscape. Not only are they offering a
by kami8845 14y ago
Competition is good for consumers. So in essence this is probably one of the positive effects Stripe has on the payments landscape. Not only are they offering a well-received service. They're also forcing their competition to come up with ways to make themselves appear more attractive. Would Braintree do the above if they were the only company offering such a service? My bet is they wouldn't even think about it.
- chao- 14y ago>Would Braintree do the above if they were the only company offering such a service? But they aren't the only company now, so why the hypothetical? Who cares if they did it due to competition, due to the goodness of their hearts, our due to an acid trip? If the end result is the same, and that end result is helpful, then that's a net positive in my book. EDIT: Since everyone is offering disclaimers about who they like/use, I have used both Braintree and Stripe, for my own startup, and for a few freelance jobs. I've had nothing but help from any support tickets/calls I've had to make, from both companies. So in my mind, this really is a scenario with something good happening and all else is held equal.
- kami8845 14y agoYup. That's what I said in the original post. This is a net-good for the startup community. It's not charity though, as they'd like to make us think.