It hurts a little that stripe is an American company since it was founded by two Irish brothers. It could have been an EU company to begin with
I wish Adyen was as good at marketing and hype as Stripe was.
Stripe is really good at making themselves look like a way bigger deal than they are.
It seems to me like whole Western countries, especially Britain being outside the EU and Eurozone and with its own currency, ought to have at least one big domestically-based option for something this fundamental. It’s an odd thing to have to rely on foreign countries for.
Is there a company that’s basically like “Stripe but British-owned”?
> Adyen will take over GOV.UK Pay card payments for local authorities, police forces and armed forces units from Stripe, as well as pay by bank services, under a three-year contract worth up to £25.3 million.
I would prefer they take this money and either build a payment processor or use an existing UK company. The UK government is addicted to offshoring all contracts it can, and then is surprised when the cheapest possible quote actually ends up ballooning over the agreed amount.
The solution to all these expenses is to just have the user pay the transaction costs. Then everyone will start using bank transfers.
Good for them. Self-reliance is a good thing especially weaning off hostile Americanism.
Stripe allows for these kinds of payments, we've been updating our store to support Wero etc. It should give better conversation and processing rates than the US credit cards.
I'm curious whether this will materially reduce costs for local authorities or whether the benefits are primarily in expanding payment options.
So maybe it'll stop taking three requests, 1-2 months, and a certified letter every year to receive your tax refund?
HMRCs digital services in general are pretty good, but refunds not so much.
doesnt seem like stripe has anything to worry about here the total contract value is of irrelevant scale
i guess i expected it to be more significant seeing that its the UK gov
Good on em. Ayden rocks, and improves European sovereignty.
Got to love the people taking a swipe at the company. They found their market, can't you just be happy for them? They're hardly the only company in the world to only deal with bigger clients.
This site regularly dunks on European tech as being subpar, but when an American company gets ditched for a European one, barely anyone can find nice words to say. You really reveal yourselves in times like this, I've got to admit.
Good luck with integration.
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Associated Adyen post: https://www.adyen.com/press-and-media/adyen-payments-gov-uk
All are ditching american tech and what not as much as they could
Surprisingly small contract. It's interesting to see that a full government contract for a payment provider is a fraction of a US mid-size company's cloud bill. I am constantly surprised by things like this. Here's another: there are more foreigners in Taiwan (total pop. 25 m) than in China (total pop. 1.4 b).