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First, congratulations to the Pin team. However I wonder about the longevity of companies that are essentially Stripe clones in unsupported countries. Their bus
by nodesocket 13y ago
First, congratulations to the Pin team. However I wonder about the longevity of companies that are essentially Stripe clones in unsupported countries. Their business essentially depends on the fact that Stripe is not currently in Australia. Once Stripe announces support for Australia, why would anyone choose Pin over Stripe?
- coopdog 13y agoApparently our financial regulations are an obtuse, onerous nightmare to deal with. I imagine even just getting setup here is a big head start. Google Merchant have been expanding for years but are still ignoring Australia, so thank you Pin
- primitur 13y agoHow to get Stripe in Australia, set up Pin, $$$-big (locally), BRANDBRANDBRAND (its an Aussie thing), and then .. when big enough, the sharks come calling, throw out the chum ..
- intractable 13y agoI would imagine that it would be much easier for Stripe to acquire local Stripe equivalents and rebrand, rather than trying to navigate the labyrinth of financial regulations in each location. Maybe that's the game plan for Pin? From another Perth guy, more congrats to the Pin team (I actually discovered them when I had the same idea, googled it and found that it existed already - in my own town!)
- jacques_chester 13y agoEarly on they didn't say much about their being in Perth -- like most Perthans I assumed that they were in Sydney or Melbourne. I found out that they were here by looking the company details on ASIC.