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A comment on Australian payments processor Pin now out of private beta. Parent comment

Re:Australian payments processor Pin now out of private beta by xmodem on Wednesday March 13, 2013 @01:32AM (#5366998)
I didn't have problems 1, 2 or 4 with STG - we were tiny and none of us had any assets (I don't think they even asked).

We didn't try to do number 3 maybe that's the problem?

[ Parent | on HN ]
Re:Australian payments processor Pin now out of private beta by gbpin on Wednesday March 13, 2013 @02:11AM (#5367102)
(I'm from Pin Payments).

Yes, foreign currencies (e.g. USD) are a huge problem for small/new businesses here. Way too difficult.

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Re:Australian payments processor Pin now out of private beta by jacques_chester on Wednesday March 13, 2013 @02:25AM (#5367134)
It depends on your business model. Mine wasn't a straightforward buy-a-thing-sell-a-thing model and this makes small business banking heads kersplode with great ferocity, it would seem.

"What is it you do again?"

"{{explanatory_statement}}"

"... so, um, what products are you going to sell?"

Annnnnd because my turnover is less than $ferrari, I'm always flicked to a small business banker. If I needed a loan for a commercial deep fryer I'd be talking to the right person.

St George belongs to Westpac now, FWIW.

[ Parent | on HN ]