Re:Stripe enters Asia with Japan beta launch
by paulsutter on Tuesday May 19, 2015 @04:03AM
(#9568624)
Japan is the second largest and most homogenous consumer economy in the world, and everything works here (infrastructure, payments, etc).
That was the rationale that the cofounder of a different major Silicon Valley payments company told me when they chose Japan as the first country outside the US, and it seems like a credible rationale for Stripe to put Japan high on their list.
There's also a very low rate of fraud here in Japan, which should count for a lot.
Take Romania for example, we would love to have a decent alternative to PayPal, are there any legislation impediments that prevents Stripe from entering here? Also, what exactly are the costs for Stripe when launching in a new country?