I am genuinely curious as to what is stopping them from doing it (considering Paypal, 2checkout, etc are already doing it). I think I have some understanding about it now after reading SoftwareMaven's comment.
> It's a hell of a lot easier for someone in Germany to rip off Stripe and comply with all the German regulations than it is for Stripe to come in with no assets on the ground and figure it all out.
Unfortunately, that is just as bad and does not solve the problem, because most online businesses cater to a global audience (unless dealing in tangible products) so any payment processor just limited to Germany can never fully compete or replace competitors who do.
I am genuinely curious as to what is stopping them from doing it (considering Paypal, 2checkout, etc are already doing it). I think I have some understanding about it now after reading SoftwareMaven's comment.
> It's a hell of a lot easier for someone in Germany to rip off Stripe and comply with all the German regulations than it is for Stripe to come in with no assets on the ground and figure it all out.
Unfortunately, that is just as bad and does not solve the problem, because most online businesses cater to a global audience (unless dealing in tangible products) so any payment processor just limited to Germany can never fully compete or replace competitors who do.