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Re:Braintree launches instant underwriting by daniel_levine on Monday October 01, 2012 @12:16PM (#4597795)
Would love to hear some of the reasons for that. Lack of credit card usage? rates? I'm curious and I bet companies in the space would love to hear some of the reasons why.
Re:Braintree launches instant underwriting by wahdeh on Monday October 01, 2012 @11:11PM (#4600474)
Can't speak for Braintree, but generally US-launched financial services take some time to expand internationally for two reasons: 1) tons of compliance and regulation unique to each country, and 2) having to interface with the specific payment technologies in that country.

PayPal is one of the best international payment options because it's had more time and money to throw at these problems than almost anyone else.

Re:Braintree launches instant underwriting by aristidb on Monday October 01, 2012 @12:21PM (#4597830)
It's probably a combination of credit cards being far less popular in Europe (there are numerous local alternatives for online payment), and many of these services not being available to European companies at all.
Re:Braintree launches instant underwriting by jaequery on Monday October 01, 2012 @12:30PM (#4597884)
i'm assuming it's the banks. perhaps they are less cooperative than US banks.

to most card processing gateways, their main source of bread and butter is their relationships to banks. technology comes second.