I disagree completely. Stripe is the only one so far who doesn't suck. There's room for more, and plenty of room for differentiation. Sure, stripe.com set the bar and has first mover advantage etc., but that doesn't mean they now own the market. Not at all.

Agreed. There's room for more than one payment-provider-that-doesn't-suck™.

And let's not forget stripe hasn't even launched in europe, yet. That's quite a market still waiting to be schlepped.

Agreed. There is plenty of room for competitors.

If you did exactly what Stripe did but charged less, there is no reason you couldn't completely replace Stripe. You aren't being judged on novelty here.

Perhaps the irony here by PG is that, even now 99% of people will not do what strip does.

You could do what Stripe does, but with international support. That would be awesome.

But isn't that the same line of thinking this article is arguing against?