Ask HN: is there another payment options for international users besides Paypal?

7 pointsrush-tea11y ago6 comments

I have already implemented Stripe, which can accept any worldwide credit card. But I understand that credit card may not be common for international users, so they only own bank account only.

Is there another payment options besides Paypal that can use bank account to pay for international users? I would not want to limit my users just because they do not have credit card.

I understand Paypal can accept many currencies, hence eliminate unnecessary foreign transaction fee for users

https://www.paypal.com/webapps/mpp/country-worldwide

Thanks.

6 comments

massappeal11y ago

id use bitcoin. buy a certain amount of coin, a full coin, or several coins. send it to your friend's or family member's public key, and then have them convert it into whatever currency they like. the only fee you'll pay is conversion from bitcoin to whatever, but it's usually less than the fees slapped in international transfers

rush-teaOP11y ago

Thanks for the input. I have thought about it, but due to their instability, I am not sure if I would want to use bitcoin. Also the fact that most normal people may not know bitcoin, so it's not as convenient.

timrosenblatt11y ago

rush-tea: have you seen https://www.dwolla.com ?

If you've seen it before, why did you choose to not use it?

rush-teaOP11y ago

Hi Tim,

I heard of dwolla before, but I have not really reading into it until now.

It appears dwolla is connecting payment to user bank account, hence ability to avoid ~3% cc payment.

Does dwolla support international currency (or integration with many countries local bank)? I am looking for this option for international users that do not have credit card and want to use their local non USD bank account to pay in USD.

As I understand, Paypal integrates their system deeply with many local banks around the world, hence high rate of user adoption as it allows them to use their bank fund to pay anyone anywhere using almost any currencies + to avoid credit card foreign transaction fee.

phantom_oracle11y ago

I would advise you to first speak with the Dwolla team to find out if they support your country yet.

Their transparency is 10 times better than anything else I've ever come across, they are cheap too.

rush-teaOP11y ago

I just clicked their FAQ and found this

http://help.dwolla.com/customer/portal/articles/1181769-inte...

Dwolla does not support other countries local banks, so only US banks.

j / k navigate · click thread line to collapse

Ask HN: is there another payment options for international users besides Paypal?

7 pointsrush-tea11y ago6 comments

I have already implemented Stripe, which can accept any worldwide credit card. But I understand that credit card may not be common for international users, so they only own bank account only.

Is there another payment options besides Paypal that can use bank account to pay for international users? I would not want to limit my users just because they do not have credit card.

I understand Paypal can accept many currencies, hence eliminate unnecessary foreign transaction fee for users

https://www.paypal.com/webapps/mpp/country-worldwide

Thanks.

6 comments

massappeal11y ago

rush-teaOP11y ago

timrosenblatt11y ago

rush-tea: have you seen https://www.dwolla.com ?

If you've seen it before, why did you choose to not use it?

rush-teaOP11y ago

Hi Tim,

I heard of dwolla before, but I have not really reading into it until now.

It appears dwolla is connecting payment to user bank account, hence ability to avoid ~3% cc payment.

phantom_oracle11y ago

I would advise you to first speak with the Dwolla team to find out if they support your country yet.

Their transparency is 10 times better than anything else I've ever come across, they are cheap too.

rush-teaOP11y ago

I just clicked their FAQ and found this

http://help.dwolla.com/customer/portal/articles/1181769-inte...

Dwolla does not support other countries local banks, so only US banks.

j / k navigate · click thread line to collapse