Re:Payments down 20% in my SaaS after EU introduced PSD2
by rokkk on Wednesday May 12, 2021 @03:13AM
(#27127599)
So, some clarifications..
This is not my article, I just found it when searching for any data on the subject. I'm aware of the article author's bias on the subject.
We run a B2B SaaS and 20% is the drop we've seen (comparing to monthly numbers of the last 5 years). This still needs to be analyzed better but it's taking time due to our messy system of multiple carts using different payment service providers.
Personally as an EU citizen I'm very in favor in these changes. I think the UX will become even more of a differentiator for banks and related products which is great. Banks FINALLY being forced to open APIs is also great for the fintech industry, so I'm not bitter at all. Just curious to see what other SaaS businesses have seen in their Euro traffic.
This is not my article, I just found it when searching for any data on the subject. I'm aware of the article author's bias on the subject.
We run a B2B SaaS and 20% is the drop we've seen (comparing to monthly numbers of the last 5 years). This still needs to be analyzed better but it's taking time due to our messy system of multiple carts using different payment service providers.
Personally as an EU citizen I'm very in favor in these changes. I think the UX will become even more of a differentiator for banks and related products which is great. Banks FINALLY being forced to open APIs is also great for the fintech industry, so I'm not bitter at all. Just curious to see what other SaaS businesses have seen in their Euro traffic.