How Braintree destroyed a successful taxi startup from Serbia

Re:How Braintree destroyed a successful taxi startup from Se... by L_226 on Sunday March 19, 2017 @08:47PM (#13910844)

Stripe

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Re:How Braintree destroyed a successful taxi startup from Se... by thepoet on Monday March 20, 2017 @02:17AM (#13912141)

Stripe can ask you to shutdown a legitimate product if they get bullied from some other larger organisation. It happened with us and we lost the respect we had for Stripe.

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Re:How Braintree destroyed a successful taxi startup from Se... by Hengjie on Monday March 20, 2017 @02:50AM (#13912250)

Can you explain your situation a bit more?

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Re:How Braintree destroyed a successful taxi startup from Se... by markdown on Sunday March 19, 2017 @09:08PM (#13910929)

Most of the world can't use Stripe.

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Re:How Braintree destroyed a successful taxi startup from Se... by scrollaway on Sunday March 19, 2017 @10:24PM (#13911258)

Stripe supports virtually all credit cards as well as alipay and bitcoin. If that's not most of the world, what is?

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Re:How Braintree destroyed a successful taxi startup from Se... by sanswork on Sunday March 19, 2017 @10:33PM (#13911288)

Most all end users can use stripe. A lot of businesses can't https://stripe.com/global.

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Re:How Braintree destroyed a successful taxi startup from Se... by joshdotsmith on Sunday March 19, 2017 @11:26PM (#13911453)

Stripe did introduce Stripe Atlas. Although this doesn't solve the situation totally, it's at least one of a number of helpful steps in the right direction.

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Re:How Braintree destroyed a successful taxi startup from Se... by sanswork on Sunday March 19, 2017 @11:40PM (#13911490)

If you want to register and run a us entity it helps but most people don't want that kind of hassle. I've done it from Canada and Australia and unless youre planning on getting us investors is probably not a good idea. Though I haven't accepted my atlas invite yet so not sure how much better it'd be.

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Re:How Braintree destroyed a successful taxi startup from Se... by markdown on Monday March 20, 2017 @03:36PM (#13917008)

That only works for a tiny proportion of Silicon Valley-like startups.

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Re:How Braintree destroyed a successful taxi startup from Se... by Tarq0n on Monday March 20, 2017 @03:51AM (#13912454)

Credit card use is highly uncommon in large parts of Europe.

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Re:How Braintree destroyed a successful taxi startup from Se... by jamiethompson on Monday March 20, 2017 @07:15AM (#13913159)

Really?

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Re:How Braintree destroyed a successful taxi startup from Se... by wichert on Monday March 20, 2017 @07:55AM (#13913334)

For payments using direct bank transfers tends to be the standard approach in the EU, certainly for national payments.

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Re:How Braintree destroyed a successful taxi startup from Se... by jamiethompson on Tuesday March 21, 2017 @08:00AM (#13921397)

Sure, but that's not what we're talking about here. For those kind of payments, in the US they still tend to use cheques. For buying stuff from shops or online, we use cards, just like anywhere else, no?

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Re:How Braintree destroyed a successful taxi startup from Se... by wichert on Tuesday March 21, 2017 @09:59AM (#13922217)

If you mean you use credit cards for buying stuff online, then no: that is not what we do here. I'm not sure about all of the EU, but at least in NL the majority of online transactions use payments directly with your normal checking account at your bank using a system called iDeal (see https://www.ideal.nl/en/ ).

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Re:How Braintree destroyed a successful taxi startup from Se... by jamiethompson on Wednesday March 22, 2017 @09:10AM (#13930579)

Crazy. I stand corrected. In the UK we just use credit and debit cards for everything.

But then, we're not really representative of the rest of Europe I guess. Even less so nowadays :(

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Re:How Braintree destroyed a successful taxi startup from Se... by scrollaway on Tuesday March 21, 2017 @12:40PM (#13923864)

Stripe supports iDeal btw.

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Re:How Braintree destroyed a successful taxi startup from Se... by intrasight on Monday March 20, 2017 @12:01PM (#13915243)

I use Authorize.net. I also use Stripe. And I mostly like sending customers an invoice via Quickbooks.

https://quickbooks.intuit.com/payments/

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