That's probably the takeaway here. Stripe is probably the first contender PayPal actually has to worry about, at least in the United States. People hate PayPal because their TOS are restrictive, but so far they're the only payment handler that works everywhere. If Stripe goes global, then we will see some serious changes at PayPal as people begin to flee from their services en masse.
Globalization is something they claim to have been working on for a very long time now. Paypal has done it, so it is possible. I wonder what the roadblocks are for Stripe that Paypal doesn't have to deal with.
The comment I was replying to said "People hate PayPal because their TOS are restrictive." I just tend to feel that PayPal hate is rather overstated here... people just have PayPal indifference for the most part.
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At the risk of hyperbole, there are no competitors.
That's probably the takeaway here. Stripe is probably the first contender PayPal actually has to worry about, at least in the United States. People hate PayPal because their TOS are restrictive, but so far they're the only payment handler that works everywhere. If Stripe goes global, then we will see some serious changes at PayPal as people begin to flee from their services en masse.
Globalization is something they claim to have been working on for a very long time now. Paypal has done it, so it is possible. I wonder what the roadblocks are for Stripe that Paypal doesn't have to deal with.
Globalization is very complicated and almost every country is different... PayPal hasn't even finished yet themselves.
They only last year enabled payments into South Africa and even that is through some strange bank interface for tracking/tax reasons.
HN hates Paypal. Maybe the internet blogosphere in general.
Beyond that, I think most people are just fine with Paypal.
I don't hate anything. I just love Stripe. Have you taken a look at it?
The comment I was replying to said "People hate PayPal because their TOS are restrictive." I just tend to feel that PayPal hate is rather overstated here... people just have PayPal indifference for the most part.