<story><title>Stripe in Japan</title><url>https://stripe.com/blog/stripe-in-japan</url></story><parent_chain><item><author>nolok</author><text>I evaluated stripe for a French company here in Europe, having heard lots of good things about them, and I have to say that while the integration was top notch, they were vastly inferior to local bank competitors in two areas : no support whatsoever for 3D secure (once you&amp;#x27;ve started using it, you never want to go back), and way higher pricing. National banks (CIC, Caisse d&amp;#x27;Epargne) both offered % way, way lower than stripe (under 0.5% per transaction, stripe being almost 3* that for European card and 6* that for non European card).&lt;p&gt;Even including the small monthly fee and the harder &amp;#x2F; higher cost integration, it made no sense to go with them.&lt;p&gt;Was a bit surprised, mostly by the good terms that could be obtained in locally national banks once you sit with someone. Company I was representing wasn&amp;#x27;t very large (12 employees). I wonder what others here have experienced? Is it a special scenario that never happens, is it usual?</text></item></parent_chain><comment><author>Vertrauen</author><text>&amp;gt; 3D secure&lt;p&gt;As a customer, I hate 3D secure. When I get that shit thrown at me, I often just head over to Amazon and buy the same item there. Even if it is more expensive.&lt;p&gt;Reasons:&lt;p&gt;The 3D Secure form always looks so unprofessional it makes me shiver.&lt;p&gt;It often is loaded in an iframe so it could come from god knows where.&lt;p&gt;Often it plain out does not work. It aborts the transaction with &amp;quot;Transaction aborted&amp;quot; or something like that with no further info. So I sit there thinking &amp;quot;Uhm.. what now? Is my password wrong or what?&amp;quot;.&lt;p&gt;Why would I input even &lt;i&gt;more&lt;/i&gt; of my data into your damn form? The more data I give you, the easier you can mess with me. Now my CC card number and verification number is not enough anymore. Now you want my 3D &amp;quot;secure&amp;quot; password. What do you want next?</text></comment>
<story><title>Stripe in Japan</title><url>https://stripe.com/blog/stripe-in-japan</url></story><parent_chain><item><author>nolok</author><text>I evaluated stripe for a French company here in Europe, having heard lots of good things about them, and I have to say that while the integration was top notch, they were vastly inferior to local bank competitors in two areas : no support whatsoever for 3D secure (once you&amp;#x27;ve started using it, you never want to go back), and way higher pricing. National banks (CIC, Caisse d&amp;#x27;Epargne) both offered % way, way lower than stripe (under 0.5% per transaction, stripe being almost 3* that for European card and 6* that for non European card).&lt;p&gt;Even including the small monthly fee and the harder &amp;#x2F; higher cost integration, it made no sense to go with them.&lt;p&gt;Was a bit surprised, mostly by the good terms that could be obtained in locally national banks once you sit with someone. Company I was representing wasn&amp;#x27;t very large (12 employees). I wonder what others here have experienced? Is it a special scenario that never happens, is it usual?</text></item></parent_chain><comment><author>Xixi</author><text>Reduce the employee count from 12 to 1, who isn&amp;#x27;t even a real employee because the company has no revenue yet, and suddenly Stripe proposition is much more interesting: it allows you to focus on your product, and finding product-market fit, instead of sitting with someone in a bank. Even when that someone is kind, competent and helpful (as has been my experience with several French banks, special mention to the Banque Populaire de Lorraine), even with exactly zero revenues yet. At such an early stage the ease of integration is overall much more important than the smaller transaction fee.</text></comment>