Holy shamoly! This is incredible! I'm actually checking to make sure it's not Apr 1. I'm beyond-amazed at the sheer breadth of this list. I mean, PayPal itself only supports 20-odd currencies, I think.<p>I mean, the Brazilian Real? Literally almost <i>no</i> payment processors support that. And believe me, I've looked for them.<p>This is amazing news.<p>(As a side question, if anybody from Stripe is listening here: how exactly is this done -- via partnerships with local banks, or via dynamic currency conversion? I ask because, in the case of DCC, you will find that there are big problems involved with Brazil specifically, and many legitimate transactions will be refused. Brazil is a very special case, and calling the BRL a supported currency could mean very many different things.)
To Stripe employees:<p>So let me get this straight - a US based company can accept UZS (Uzbek Sum) payments from clients in Uzbekistan and Stripe will convert the UZS funds into USD?<p>I DO NOT BELIEVE THIS!!!<p>What are the strings attached? Any limitations?<p>I mean Uzbekistan has one of the most messed up economies in the world. Only here a used car costs more than a new car (I am not kidding) and Uzbekistan practically has non-existent conversion. People usually use black market to convert UZS to USD.<p>Thus, I cannot believe you pulled it off. And if you did do it, who do I talk to at Stripe to find out the details and rates?
I noticed the example uses "cny" in lower case. ISO currency codes are always uppercase. I imagine the API is case insensitive then. Which may pose a problem for the poor fellow who considers GBP the pound but GBp the pence. That is an established convention on some systems (e.g. Bloomberg, I think).
This is excellent timing I was literally just this past week looking into switching to a different processor to get access to the local currencies in a few potential markets.<p>Very excited.
Where are the currency codes? I couldn't find a list on <a href="https://support.stripe.com/questions/in-which-currencies-can-i-charge-my-customers" rel="nofollow">https://support.stripe.com/questions/in-which-currencies-can...</a><p>In either case, this is really awesome. What sets this apart from Stripe's competitors, is that those companies (or at least Braintree) require you to set up a different account for each currency, which is a huge pain in the ass. Or at least this was the case last time I checked.
Are Stripe going to expand any further into Europe in the near future?<p>I've integrated with Stripe several times now for US-based clients and am getting severely jealous!
Combined with Stripe Connect, this is great for marketplaces.<p>I did a test charge and was pleasantly surprised to find that Stripe's "market rate" is really the mid market rate and not something else. PayPal's spread is something like 2.5% and then there is sometimes (always?) a 1% cross-border transaction fee, so Stripe's flat 2% fee is looking pretty good.
Can the merchants keep the currency that they get paid in and elect to convert it at their choosing, or does it get immediately converted to whatever their home currency is?
Still waiting for Stripe support in Denmark. I'm getting seriously tired of having to deal with the old and rusty payment provider landscape here.
I guess that definitively answers my previous question[1] about whether we can charge in US dollars or Euros as a UK business, then. :-)<p>Quick but obvious follow-ups:<p>1. How do we look up the currency conversion rates that were applied for each charge? There are various hints on the Stripe page about these new currencies[2] but looking at the corresponding API documentation either I'm missing something or it hasn't been updated yet.<p>2. Are there any plans to support payment <i>methods</i> beyond the existing card schemes, at least in countries where those cards might not be the preferred form of payment? (For example, there are various European national card schemes like Carte Bleue in France, and in China there is the UnionPay system.)<p>[1] <a href="https://news.ycombinator.com/item?id=7181446" rel="nofollow">https://news.ycombinator.com/item?id=7181446</a><p>[2] <a href="https://stripe.com/blog/new-currencies" rel="nofollow">https://stripe.com/blog/new-currencies</a>
Is Stripe ever going to support other payment methods?<p>Stripe has been in beta in the Netherlands for a while now, but with credit card only, choosing between Stripe and old school payment providers (which aren't half as bad as what is apparently is the case in the US) that support all of the most used payment methods, Stripe is really not an option.<p>Not unless I want to tell 80% of all clients to take their money elsewhere.
I was just wondering, to the customer user would this cost more if the foreign currency was used or their local one given the exchange rate is sometimes very good (e.g paying in US dollars instead of the local currency)
Wow!<p>Awesome. I see Naira. Phew! :)<p>So if I make my charge in Naira, how do you pay me in Naira considering Nigerian banks are yet to be supported. Of course same question apples to other non supported countries whose currencies are supported.