Re:Stripe Billing
by saryant on Friday April 06, 2018 @10:21AM
(#16773407)
I lead a payments team.
US requirements around what we put on invoices: 0
EU requirements around what we put on invoices: Still figuring it out
The technical implementation is not difficult. It's dealing with all the lawyers and accountants who have to understand regulations of 27 different countries.
There is a significant difference between "not regulated" and "regulated at all". The burden of understanding the regulation itself is a cost, even if the actual compliance turns out to be simple.
US requirements around what we put on invoices: 0 EU requirements around what we put on invoices: Still figuring it out
The technical implementation is not difficult. It's dealing with all the lawyers and accountants who have to understand regulations of 27 different countries.
There is a significant difference between "not regulated" and "regulated at all". The burden of understanding the regulation itself is a cost, even if the actual compliance turns out to be simple.