Here's what puzzles me. I have looked into Stripe, and just browsed the Adyen webpage. Both of those services seem to require you to maintain your own "active" server that can run server side code.<p>PayPal seems to be unique in being able to take payments from a passive web page, because the customer conducts their transaction at PP's website.<p>This is why I continue to use PP for my tiny little business (without eBay). Even though I consider myself reasonably tech savvy, I don't trust myself to maintain a website that is compatible with everybody's browser, phone, etc., and that guarantees the security of their personal data. Moving to another payment processor requires a quantum leap in technology that I'd rather not keep up with. I'd rather design another gizmo.<p>From time to time I look around for an alternative to PP, and haven't found one yet. I suspect that many small-time eBay sellers may be in the same boat.
Potentially a great move for eBay to reign in processing fees and to consolidate the dispute resolution process within their own platform. A large pain point for many eBay users has been Paypal's opaque dispute process. (I admit to bias: I lost ~$5,000 in Paypal balance while in college due to Paypal siding with a dishonest international buyer)<p>For those of you contemplating Adyen vs. Stripe: Adyen is much more "bare metal." Think more like a modern Authorize.net. Nobody comes close to Stripe's turnkey developer-friendliness.
One of the bigger drawbacks of Adyen vs Stripe, although we wanted to work with them a lot, is, they require a crazy reserve (in the millions) if your model is subscription based. The logic behind it from them is, that they must be able to refund all your customers in case you go bankrupt, and you have subscribers left hanging without full-filled service they paid in advance for.<p>Although I get the logic behind it, not one other PSP requires such a huge reserve, therefore we decided not to work with them.<p>Todays payments world is v competitive and players like checkout.com and many others are v aggresive trying to disrupt stripe's dominance in this area
I've never heard of Adyen here in Australia before this. I assume they are far more Europe/US oriented? I assume they will be rolling out the new integration world wide, so that it will become more ubiquitous? I believe Paypal has a local office in Aus, so I presume Adyen will be setting up local offices in most countries?<p>(I also noticed on the video that it is pronounced "Adi-an" where I first thought "Ad-yen" which makes them sound more like an ad wholesaler than a payment processor.)
If anyone else, like me, thought eBay owned PayPal:<p>> On October 3, 2002, PayPal became a wholly owned subsidiary of eBay. On September 30, 2014, eBay Inc. announced the divestiture of PayPal as an independent company, which was completed on July 20, 2015.
(Autoplay video)<p>I wonder when eBay will change their rules that currently state that you <i>must</i> offer Paypal and cannot <i>mention</i> other payment options (including <i>cash</i>) in a listing.
When Ebay first started requiring Paypal, it made sense - Paypal was clearly the frontrunner for online payments and Ebay's homegrown effort was a pale comparison. Also Ebay was a real powerhouse that could move the needle with a decision like that.<p>Today I feel like Paypal has a lot more traction than Ebay, and this is going to be a big flop for them. As a consumer I don't want to sign up for yet another payment service.
They didn't "ditch" PayPal, at least not according to the e-mail I saw. They merely made it a non-default option. It's not like you can't still use PayPal.
Stripe/Braintree are a lot better than PayPal. PayPal will never take your processing history into consideration if their algorithms decide that your account is connected to some account with past violations. This happened when my developer used his API keys on our production resulting in our account with 1M+ revenue/2 years (very few chargebacks if any) of operation banned. As a small startup, it was a death sentence for our business, finding another processor at high volume is difficult when you've no history to show!