5 ms·
I doubt Stripe is anywhere near the monopoly status.
by ergocoder 2mo ago
I doubt Stripe is anywhere near the monopoly status.
- seanclayton 2mo agoHow else would you accept credit card payments on your website? Who are the competitors you would reach for?
- deleted 2mo ago[deleted]
- nickjj 2mo agoBack when selling online tech courses was viable (pre-AI), about 30% of transactions in the US were from folks using PayPal on the platform I used. There's a huge of people who use PayPal, it's even more outside of the US.
- ergocoder 2mo agoIt's the same argument why Google isn't never considered a monopoly to the online ads space. Because the whole ads industry is much larger. Same thing with card payments. There are online card payments and in-store card payments and other kinds of payments. Stripe + Paypal volume is considered a fraction of it.