Stripe Hires AWS' Mike Clayville as Chief Revenue Officer

Re:Stripe Hires AWS' Mike Clayville as Chief Revenue Officer by xoxoy on Wednesday August 05, 2020 @11:36PM (#24067912)

just a reference to the company’s valuation - and how lack of regulation around interchange fees and payment processing fees has meant very high costs that would be a lot lower if the US were more like EU

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Re:Stripe Hires AWS' Mike Clayville as Chief Revenue Officer by stu2b50 on Wednesday August 05, 2020 @11:42PM (#24067945)

I don't see how that's a problem? There's no lack of payment processors, as you have noted, many with lower fees.

If you choose Stripe, you're doing so for the dev experience, their ML whatever, better testing suite, integrations, etc.

And you're doing that consciously.

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Re:Stripe Hires AWS' Mike Clayville as Chief Revenue Officer by xoxoy on Thursday August 06, 2020 @12:02AM (#24068013)

there’s a high floor due to interchange fees that are set by the networks that processors have no control over.

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