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A comment on Stripe raises $600M at nearly $36B valuation. Parent comment

Re:Stripe raises $600M at nearly $36B valuation by adambyrtek on Thursday April 16, 2020 @06:07PM (#22894059)
IANAL, but couldn't you incorporate a wholly-owned US subsidiary using something like Stripe Atlas to handle USD payments and reduce your fees?

By the way, my company has the opposite problem. Our Stripe account is registered in the UK and even though we process payments for Australian customers in AUD their local banks still charge them an extortionate "foreign transaction fee". This means that we had to open a separate Stripe account registered in Australia just to avoid that.

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Re:Stripe raises $600M at nearly $36B valuation by PixelPaul on Thursday April 16, 2020 @08:25PM (#22895025)
i dont want to open a US business just to process US payments. the cost and time would be to high. and taxes. did you open a australian stripe account without an australian business?
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Re:Stripe raises $600M at nearly $36B valuation by adambyrtek on Friday April 17, 2020 @06:08AM (#22897654)
We had to incorporate in Australia anyway, so I guess you're in a different situation.
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