The nice thing about Stripe is that they have really shaken up the online payments here in Australia. They are 1.75%+30c per transaction here, and that caused the others to drop down to that as well (even Braintree which was one the last IIRC).<p>eWay is still 2.6%, hopefully that changes too.<p>So thanks Stripe for your awesome API & team.
can somebody explain why we have credit cards to me? Where I live it's kinda uncommon and I can't even get one as a student. And I never saw the need for one either as we can just pay everything with direct bank transfers. And yes you can undo bank transfers.<p>I just don't get the obsession? Why would anyone ever want debt? We have money to pay for stuff, why not use your money instead?
Congratulations to Patrick, John, & the hardworking team @ Stripe! Looking forward to more stellar growth in the future. An investment by AMEX is acknowledgement of an interesting company in the card space. However, an investment by Visa is essentially an industry nod of approval. Seriously can't wait to see what else they have in store.
If anyone from Stripe is reading this... Please, come to Costa Rica (come to Central America for that matter). We already have Paypal and 2Checkout. Having Stripe will help the local tech community develop even more rapidly.
Really fascinating that Visa is a partnere here when they already own Cybersource, which is a key player in the enterprise e-commerce payment space. The $5b valuation is higher than what Visa paid to acquire Cybersource ($2b) in 2010.<p>Would be great to see the additional features from Cybersource (tax calculation, address verification, fraud management) available with the ease of integration that Stripe provides.
Stripe must introduce cross-border card 2 card payments asap (available for many countries). It's a killer feature and as far as I know is not available by any major world-wide player yet, just on per-country basis.