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That's what I mean. Both Stripe and Paymill only support an extremely limited set of payment methods. The average half-decent payment service provider supports

That's what I mean. Both Stripe and Paymill only support an extremely limited set of payment methods. The average half-decent payment service provider supports way more ways of payment. Which in the end is the major bottleneck. Merchant accounts and legal formalities are just hurdles, which any serious business can take. Yeah, it sucks, but if you can't handle that than perhaps you shouldn't be running a business in the first place. But both we and our clients would lose most of their business if they could only accept credit cards. Hell, the only additional option Paymill offers isn't even enough to cover half the German market. It's stupid to focus on the effort it takes to set-up payment if 75% of your potential market can't/won't use it.

Silhouette 14y ago
Perhaps you'd be kind enough to share your idea of "average half-decent payment service provider" with the rest of us? Merchant accounts and legal formalities aren't just hurdles if you're spending weeks getting contracts reviewed by lawyers, filling out application forms, chasing people up, and then integrating poorly documented back-ends if you get approved at all. I know plenty of people who've been in that position with a start-up that has no trading history yet, but I've never met anyone IRL or on-line who has anything like your perspective. So do you know something we all don't, or do we all know something you don't?