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I'd really be interested in knowing why it's not "Stripe EU" instead. What sort of problems they had trying to do that, and what needs improvement for that to b
by toretore 13y ago
I'd really be interested in knowing why it's not "Stripe EU" instead. What sort of problems they had trying to do that, and what needs improvement for that to become reality.
- pc 13y agoMostly because there's a bunch of subtlety around bank transfers and identity verification. The EU simplifies a lot of the regulatory framework but the actual operations still entail a decent amount of heterogeneity from country-to-country.
- toretore 13y agoSo it's because of technical/operational and not regulatory or legal problems? What about SEPA, or is that just for "regular people"?
- markokrajnc 13y agoI don't know for sure, but I guess the credit ratings are not available in all EU countries. ("Paperwork" is different in every EU country.)