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Stripe launches German beta
- realbot 13y agoIs 3D Secure supported?
- deleted 13y ago[deleted]
- stephanos2k 13y agoIt's astonishing how quick they can expand something as complicated as payment processing to many - bigger and smaller - countries in Europe.
- cperciva 13y agoOne you get into one EU country, dealing with other EU countries is probably quite a bit easier...
- donw 13y agoEspecially if that first country is Germany, as they're one of the economic powerhouses of the EU.
- mtrimpe 13y agoThey were already in beta in the Netherlands for a while actually. Given that we're quite similar to Germany except for being a bit more focussed on international trade, we might have been a test run for German deployment though.
- Kudos 13y agoIreland was the first Eurozone country to enter Stripe beta, UK was the first EU.
- Irishsteve 13y agoIreland is in the EU and uses the euro. UK is also in the EU but uses GBP.
- skrause 13y agoIsn't that exactly what Kudos said?
- Irishsteve 13y agoAh yes a little confusion has taken over on my part. Ireland is in the EU and the eurozone.
- mhd 13y agoWell, you probably need some kind of foothold for legal reasons somewhere in the EU/EEC (probably some tax-haven like Luxembourg), but after that it's not really that easy, as each country has its own legal and technical banking peculiarities. A pretty big mess.
- marijn 13y agoThey've been talking about this for more than a year. Not sure if that qualifies as quick. That being said, it's awesome that they got there—I got into the Dutch beta and can say the process of dealing with Stripe is an order of magnitude better than dealing with Paymill (the clone that rolled out earlier).
- k__ 13y agoSadly Germans hate credit cards.
- donw 13y agoI'm in an office in Berlin as I type this. Every person around me has a credit card. Every German I personally know, including my destitute student friends, have credit cards. It's not like online retail isn't a huge business here, and credit cards are the easiest payment method available, due to the incredibly restrictive nature of German banks. A lot of startups here have been screaming for this day.
- k__ 13y agoI have one, too. The younger generation is okay with this, but most older people prefere "real" money :\
- qznc 13y agoDirect debit is just as easy. Two numbers to enter.
- pc 13y agoThe problem is that you can't synchronously process the payment, which makes the API (and user experience generally) much more complicated.
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- lukeholder 13y agoJust got accepted into the Australia Beta, its working awesome.
- thetron 13y agoThanks for mentioning this! I had completely missed the announcement. That's really exciting, I wonder if pin.net.au will adjust their pricing to match Stripe's. Good to have some healthy competition locally.
- tomcorrigan 13y agoPin will need to drop its prices to below stripe's or drastically improve the product. I started in integrating pin payments into my SaaS app and gave up when I realised pin would send an ugly email to my customers _every_ time I charged them. Ugh, no thanks.
- thejosh 13y agoWhat is required for a client to use Stripe? A merchant account? We're using eWay for those with merchant accounts, and PIN/PayPal for small busineses without.
- pc 13y agoNo need for a merchant account or anything like that -- Stripe handles everything from accepting the payment to depositing the money in your bank account.
- beshrkayali 13y agoThis is fantastic news for german startups. I wish Stripe can expand to more countries around the world faster! Anyone knows how easy would it be for them to expand to Dubai for example?
- frank_boyd 13y agoHonest question to everybody: Would you trust your financial data (= growth data, etc.) to a company like Paymill that's owned by a clone factory (i.e. the Samwers') or do you think that's being paranoid? EDIT: I wasn't asking for downvotes, I was asking for rational comments, explanations, thoughts.
- kfk 13y agoHi, I asked them few questions and they seemed quite professional. Very German, asking for lots of paper, but that kind of make me feel safer. And let's stop with this clone thing. If we are a community striving for execution, we should not be so annoying when people simply take ideas from somebody else and start executing.
- frank_boyd 13y agoI have no problem with cloning, everybody does it if we're being honest. It's just that I'm not sure it's a good idea to give your business data to people whose main business model it is to look for the best ideas/markets/businesses and then to copy them. To me, there seems to be a pretty obvious conflict of interest that might work against you.
- deleted 13y ago[deleted]
- kfk 13y agoI disagree. Do you know who is going to buy stripe? No. You could very well end up in worst hands. At least with Paymill you are clear on what you get. We have seen their execution already.
- pc 13y ago> Do you know who is going to buy stripe? No. You could very well end up in worst hands. Our plan is "nobody" :).
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- patman81 13y agoI was just about to go with Paymill. It's great to have one more option. Now the rest of Europe please.
- m_st 13y agoWhat speaks against Paymill? Are there any problems with them? They support a lot more countries than Stripe right now. Edit: Just read that its from the Samwers. Might be enough to wait for Stripe then.
- StavrosK 13y agoWhen I tried to use them, they required me to mail in a bunch of paperwork. Stripe doesn't.
- the_mitsuhiko 13y agoHow does Stripe get away without the paperwork?
- StavrosK 13y agoThat's what I'm wondering too. They require zero paperwork, though, and Paymill did tell me that the paperwork they sent me was mandatory for all money-processing companies.
- progx 13y agoI think it is only possible when the money processing companies from stripe did not want the papers. But on the other side this means, that stripe is less secure?
- collision 13y agoStripe collects information from you before you can start using it -- you'll see us ask for this when you go to activate your account. But we've worked to make it as quick, painless and sensible as possible. The sign-up process is part of the product, and we treat it that way. Onerous paperwork is not an inevitability.
- Ecio78 13y agoAccording to the linked site they seem to be in Beta also in France, Belgium and Netherlands. I think I lost those announces in the past weeks. Congrats!
- vbsteven 13y agoIndeed, I just received my invite for the Belgian beta
- m_st 13y agoAny schedule yet for Switzerland?
- kops 13y agoUBS allows you to open a bank account in Germany and connect it to a Swiss account. You can setup automatic transmission of money from German account to Swiss account every 15 minutes or so.
- deleted 13y ago[deleted]
- blackdogie 13y agoGreat to see the acceleration of roll out of counties ! DE does have lower CC usage, but I think it will be more use for DE businesses operating internationally to accept in EUR & USD. btw. I threw together a handy tool for calculating the cost of a transaction. http://www.blackdog.ie/stripe/ http://www.blackdog.ie/stripe/ edit : clarity
- philjr 13y agoCompletely off-topic - but why does a consultancy company in Munich have a .ie domain? :-)
- annnnd 13y agoGuessing: "black doggie"?
- blackdogie 13y agoBecause I'm Irish.
- contergan 13y agoGood .de or .com domains are not exactly easy to get these days without paying ridiculous amounts of money to some domain squatter...
- deskpro 13y agoNice calculator; but it misses the currency conversion costs. You can't get $9.46 as a UK merchant - you get paid in £GBP and they add another 2% from mid-market rate - so $9.27 would be more accurate.
- blackdogie 13y agoThanks. Stripe.com says Charges made in a currency for which you haven't connected a bank account will be converted to your default currency. A 2% fee applies for currency conversion, and all fees are calculated in the currency we transfer to you. So you can avoid it by having an USD / EUR account. Or you have to pay this 2% fee. I will add a note to the page.
- solaris152000 13y agoWhat's so great about Stripe? What does it do that other payment processors don't? I don't get it.
- axefrog 13y agoIt's developer-friendly, very fast to get started and doesn't require a merchant account.
- solaris152000 13y agoAh, cool thanks.
- deleted 13y ago[deleted]
- stephanos2k 13y agoTo those who say "I almost went with PayMill, thank god Stripe is here now" don't forget that PayMill features direct debit. Depending on who your customers are this might be an important feature for you!
- rmoriz 13y agoDirect debit can easily done by creating some CSV-style file without additional charges using FinTS/HBCI. For most SaaS/e-product models "direct debit" is not an option because a customer can do a refund without a reason for at least 6 weeks. It also has no CVV2, so you can just abuse some charity bank details for a direct debit purchase. Good luck dealing with fraud.
- locusm 13y agoWhat criteria is Stripe looking for to get in the beta? Anyone know?
- pc 13y agoNo criteria per se -- everyone is welcome. We're just rate-limiting it a bit to make sure that everyone has a good experience.
- skore 13y agoI've just sent my "notify me", but the response left me a little uncertain: "We’ll get back to you as soon as we launch in Germany.". So... is this what I need to do to get into the beta? Or is there something else I need to do?
- TeeWEE 13y agoFun to see stripe in europe, however in europe almost nobody pays by card, or let alone: even owns a credit card. We pay by baking systems such as Ideal (in the netherlands).
- selectstar 13y agoDebit cards are quite prevalent here, rather than Credit i'd say.
- xsace 13y agoActually most people speak about credit card when they actually mean a debit one.
- selectstar 13y agoI agree, in a similar vein I still call my debit card my "switch" out of habit.
- efdee 13y agoWe refer to a "bank card" when we mean debit and "credit card" when we mean credit. YMMV :-)
- padenot 13y agoWell, this statement is wrong. In France, at least, virtually everybody has a debit card and we use cards all the time. However, closer to the point, Germans are known to use cash a lot, so it's interesting that Stripe launch there.
- Jakob 13y agoWhile that was true some years ago, right now, in Germany almost everyone I know has a credit card, too. Some popular banks like the DKB hand it to you with no additional cost, perhaps to incentivize the usage of cards away from cash, which is still very prevalent.
- bolder88 13y ago
- leh 13y agoOh hallelujah!
- stephanos2k 13y agoDo you guys usually just use Stripe API directly or do you use some kind of middleman (e.g. spreedly.com)?
- nXqd 13y agoCongrats to Stripe team. They have done a really good job, I find since they get it work in UK, they are expanding in a very fast pace for now (y) Hope it will come to Northen EU soon :)
- thairu 13y agoNorthern Europe is on our roadmap. Please sign up at https://stripe.com/global https://stripe.com/global to be notified when we launch there
- jorangreef 13y agoAny plans for Stripe to serve startups based in South Africa?
- thairu 13y agoSouth Africa is on our roadmap, but have no current ETA for when it will be available. Please sign up at https://stripe.com/global https://stripe.com/global to be notified when we launch.
- wikiburner 13y agoJust curious, does Stripe's recent expansion have any impact on US companies using Stripe? Can Stripe now process German and UK customer credit cards for US companies, or was that already available?
- dubcanada 13y agoI'm pretty sure that any Visa/MC can be processed at Stripe, regardless of location. Country specific cards, like Diner's Club and others may require extra effort by the processing companies, and sometimes lead to higher costs. But can generally still be processed. Moral of the story is anyone anywhere can buy something from a US company using Stripe on their credit card.
- lhaussknecht 13y agoDoes Stripe deal with scoring and fraud prevention etc. or do I have to implement my own countermeasures?
- abuiles 13y agoAny plans for Latin American countries?
- happywolf 13y agoI can see a vast majority here are very positive on this news. Just wonder in areas that are yet to be covered by Stripe, what are you guys using? Also, I recall a few months ago PayPal introduced a revamped set of APIs which claims to be more developer friendly. Anybody cares to chime in on that front?
- CarlHoerberg 13y agoWe use Paymill for which we're very satisfied with. The initial paperwork isn't fun, but the experience is much better than all previous options for EU companies.. I believe that PayPal's new API is only available for american merchants.
- js4all 13y agoI just signed up. There is no setting for Germany in the account details, just United States, United Kingdom and Canada.