Stripe launches new European payment methods

https://stripe.com/blog/european-payment-methods

by Rygu • 9 years ago

37 22 9 years ago

stripe.com

gabhubert6• 9 years ago

(I work at Stripe) 6 down, many more to come!

j0rd• 9 years ago

Can we get accepting payments outside of Hong Kong for less than 5.4% fees first for HK stripe businesses.

Also allow transfer to US denominated bank accounts.

That would be super.

gabhubert6• 9 years ago

Hi j0rd - thanks for the feedback. USD payouts in more regions are definitely something we're planning on building support for.

herbst2• 9 years ago

Can we get other methods for checkout.js? :)

gabhubert6• 9 years ago

Hi herbst - thanks for the note. No immediate release dates for that but we are focused on offering straightforward integration solutions that cover as many of the payment methods we support as possible.

JohannesH2• 9 years ago

More european ones? Nets maybe?

gabhubert6• 9 years ago

Hi JohannesH - which country and business case(s) are you most interested in?

pmx• 9 years ago

Any plans to support direct debit?

gabhubert6• 9 years ago

Hi pmx - which country(countries) are you looking for support in?

HK2• 9 years ago

I was really looking forward to Stripe implementing SEPA Direct Debit and moving away from my current provider, but at the moment the offering has 2 serious flaws compared to other services:

1) Pricing. Direct Debit usually has the advantage of being cheaper than cards, usually a small percentage with no fixed fee. I was expecting something like the US ACH fee (0.8%) or a fixed 1% maybe. 1.4% + €0.25 is pretty expensive compared to your main SEPA competitor (GoCardless is just 1% up to €2). The fixed fee makes it less competitive for smaller payment amounts, which is usually one of the SEPA DD advantages.

2) Own Creditor Identifier requirement. GoCardless allows using your own identifier under their Pro offering, but you can also use their own shared identifier as an individual or small business. One of the main advantages of using Stripe is avoiding traditional banks, but getting an ID requires dealing with them and is pretty cumbersome or even not possible in some banks, specially for non-business accounts (and they also expect to handle your direct debits, not just provide you with an ID).

Any plans to change these soon?

gabhubert6• 9 years ago

Hey HK2! Sorry for the delay.

1/ On pricing, get in touch for volume-based pricing: https://stripe.com/contact/sales

2/ On creditor identifiers: having your own creditor identifier makes your business more visible to customers on their bank statement, and can reduce the risk of chargebacks which are inherent to SEPA Direct Debit. True, you need to get one—possibly something we hope to help with in the future—but banks cannot force you to process SEPA debits with them. It is their duty to provide one to you. If you're not a business, there can be reasons to proceed with caution on SEPA Direct Debit, not least of which is the risk of chargebacks. I'd love to hear more about your case to see how Stripe can improve: my company email is just gabriel@.

conradfr• 9 years ago

I used to work at a European competitor who integrate a lot of payment methods and would wondering what would happen to us when Stripe would start to do the same ...

supergirl2• 9 years ago

stripe is overrated

NameNickHN• 9 years ago

In what way do you think Stripe is overrated?

cyborgx72• 9 years ago

Stripe finally got giropay and sepa-debit. I'm still trying to find a good european alternative in case I start selling things online but it's getting harder and harder to find any company that comes close in terms of quality.

supergirl2• 9 years ago

what about adyen?

cyborgx72• 9 years ago

They actually look pretty promising. Will have to keep them in mind.

mrpedrocampos• 9 years ago

have a look at switch payments as well

sandstrom• 9 years ago

SEPA is restricted to the Eurozone, according to the docs. When will you support SEPA for Swedish or UK businesses?

Stripe launches new European payment methods

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