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Stripe steps up PayPal rivalry with Australian launch

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Tengen

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From The Guardian - http://www.theguardian.com/technolo...teps-up-paypal-rivalry-with-australian-launch

Payment startup Stripe is launching in Australia, letting merchants in the country join the UK, Ireland, USA and Canada in taking payments using the service.

The company bills itself as a programming language for money, pitching itself to app and website developers on ease of use. It can be added to most services with just a few lines of code, and automatically supports features such as subscriptions, use of multiple currencies, and one-tap purchasing out of the box.

For the Aussies in this forum, here are Stripe's and Paypal's pricing pages

https://stripe.com/au/pricing

Stripe charges 1.75% + 30¢ for domestic cards and 2.9% + 30¢ for American Express or international cards.

Processing more than $40,000 per month? Send us an email at [email protected]

Earnings are transferred to your bank account on a 7-day rolling basis.

https://www.paypal.com/au/webapps/mpp/paypal-fees

Online sales within Australia*^ 2.4% + $0.30 per transaction
International online sales* 3.4% plus a fixed fee based on the currency received


*Excluding Website Payments Pro – Hosted Solution and API, Virtual Terminal and Payflow.
^If your sender funds the payment by a non-Australian credit or debit card, an additional 1% processing fee applies on the amount funded by the card.

I haven't done more research into the fine print but seems like an interesting option.

Anyone here care to share their experiences with Stripe over Paypal?
 
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Stop Peeking Through the Keyhole.
Open the Door.

You hit a wall because the best advice isn't free—it's earned. Since 2007, MJ DeMarco has been active here daily (99.9% active rate), building a war room for entrepreneurs who refuse to settle for mediocrity.

  • Active Daily: Life-changing content posted dozens of times every day. No dead threads.
  • MJ's Inner Circle: Direct access to the author of The Millionaire Fastlane.
  • Vetted Network: Connect with founders scaling to 7 and 8 figures.
  • Proven Roadmaps: Strategy over motivation. Execution over "hustle porn."
"SCALED TO 6-FIGURE MONTHS"
"Tips and advice here saved me from huge mistakes, others allowed me to scale my business to 6-figure months."
— User MitchC
"INSANE QUALITY OF PEOPLE"
"The number of high quality people I've met from this forum has been insane. All of it predicated on building real value."
— User Richard Peck

"You are the average of the five people you surround yourself with."
Are you surrounding yourself with success?

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