Here's what puzzles me. I have looked into Stripe, and just browsed the Adyen webpage. Both of those services seem to require you to maintain your own "active" server that can run server side code.
PayPal seems to be unique in being able to take payments from a passive web page, because the customer conducts their transaction at PP's website.
This is why I continue to use PP for my tiny little business (without eBay). Even though I consider myself reasonably tech savvy, I don't trust myself to maintain a website that is compatible with everybody's browser, phone, etc., and that guarantees the security of their personal data. Moving to another payment processor requires a quantum leap in technology that I'd rather not keep up with. I'd rather design another gizmo.
From time to time I look around for an alternative to PP, and haven't found one yet. I suspect that many small-time eBay sellers may be in the same boat.
The reason for processing on your own server is so you own the entire checkout experience. If you redirect he user to another site for payment, you run the risk of losing track of that user. Also, the third-party’s branding may clash with your own.
Not sure I follow - you mentioned not handling browser compatibility which implies you're not directly writing
the html/css for the site. If you're using shopify or hosted wordpress or something, I would think
most of those providers would handle the Stripe integration for you?
You also mention a passive web page, if you're talking about a static site (as in a jekyll or hugo
site hosted on S3), you may be right. I don't fully understand how that might work since if you're
accepting payment for a service, presumably you also need to keep state somewhere to track the
delivery of that service to users and such. But if you did want to accept Stripe on a static site, I
would think you could use Lambda functions in AWS to handle the callbacks without worrying about the
maintenance costs and security risks of running your own linux server.
Wouldn't small time eBay sellers just use whatever payment processor eBay integrates with? (there's no need for them to host any part of the payment process since the transaction is conducted entirely on eBay). Reasons to not use the default processor would be : transaction cost.
You might want to take a look at https://www.everbutton.com/. It basically wraps Stripe’s API so you can drop front end JavaScript without any backend code. Much more customizable than PayPal with all of Stripe’s benefits.
I think the idea is that eBay doesn't want to have users sign up with Paypal anymore. Instead only ever interact with eBay, with Adyen just being the pipes for eBay.
i agree it's actually kind of bad that payment providers don't provide this page. todays technology could even render it on the webpage of the customer shop without redirecting fully to another page (scrpt scr=paymentproviderscript.bla? or so?). If people have to maintain and host their own script it makes them horrible prone to attack. In which case i'd rather have a payment provider who needs to secure it than every customer of the payment provider (reduces attack surface). i think paypal does good by providing this passive system and other providers should follow it, and perhaps if it's not to their liking innovate in this line instead of dumping their issues to the customer shop.
Potentially a great move for eBay to reign in processing fees and to consolidate the dispute resolution process within their own platform. A large pain point for many eBay users has been Paypal's opaque dispute process. (I admit to bias: I lost ~$5,000 in Paypal balance while in college due to Paypal siding with a dishonest international buyer)
For those of you contemplating Adyen vs. Stripe: Adyen is much more "bare metal." Think more like a modern Authorize.net. Nobody comes close to Stripe's turnkey developer-friendliness.
Glad to hear on the developer friendliness! If there are ways we can continue to improve on that front, please shoot me a note: [email protected]
I'm curious though what you mean when you say Adyen is much more "bare metal" than Stripe. We don't typically talk too much publicly about our underlying infrastructure (our goal is to abstract away that [hopefully] unnecessary complexity), but we do strive to be as close to the bare metal as possible. (We're directly connected to all of the major card brands, and have "acquiring licenses" in numerous markets.)
as a buyer I never worry about purchases I make on ebay. I use paypal to send the money but other than that paypal is not in the picture. if I have a dispute with a seller ebay refunds me if I prove my case.
I was just recently refunded over five hundred dollars for a purchase made on ebay because the seller never had the item to sell. Now I had to wait until the last day of delivery passed and wait the "resolve with seller first" delay which is only three days I think. In the end ebay refunded me.
This is not to say ebay is perfect, they don't require sellers to provide tracking through ebay and they should. they should require it within three business days or allow a refund. In my case the fraudulent seller never provided tracking information even though I made three requests
One of the bigger drawbacks of Adyen vs Stripe, although we wanted to work with them a lot, is, they require a crazy reserve (in the millions) if your model is subscription based. The logic behind it from them is, that they must be able to refund all your customers in case you go bankrupt, and you have subscribers left hanging without full-filled service they paid in advance for.
Although I get the logic behind it, not one other PSP requires such a huge reserve, therefore we decided not to work with them.
Todays payments world is v competitive and players like checkout.com and many others are v aggresive trying to disrupt stripe's dominance in this area
I've never heard of Adyen here in Australia before this. I assume they are far more Europe/US oriented? I assume they will be rolling out the new integration world wide, so that it will become more ubiquitous? I believe Paypal has a local office in Aus, so I presume Adyen will be setting up local offices in most countries?
(I also noticed on the video that it is pronounced "Adi-an" where I first thought "Ad-yen" which makes them sound more like an ad wholesaler than a payment processor.)
I doubt Adyen is well known among North Americans either (the first market being rolled out for ebay). Ayden is used by Uber and Netflix and some other big names but that's mostly hidden in the background as they are integrated directly into the platforms. Unlike Paypal which has an obvious branded layer for all transactional layers.
I'm curious what the integration with Ebay will look like. Will users be redirected to their Ayden accounts ala Paypal or will it be branded via Ebay?
My previous employer in SEAsia is using Adyen, with majority customer in Europe and Aus/NZ. Hundred thousands of customer. I've never heard of Adyen before joining this company, but my experience with them has been positive. Not Stripe good, but at least on par with other modern payment processor.
Major upside for Adyen is they price match(at least for my company, we process USD ~350mil/annum). This may sounds crazy but my company constantly negotiate the pricing with them. Almost on monthly basis.
I knew this because my team have to work with lots of local and China-based payment processor to create PoC. Just so that corporate team can show this to Adyen and renegotiate the fee.
Never heard of Adyen here in Europe either… But from their website it seems they handle payments for some pretty well-known companies: https://www.adyen.com/customers
When I used Braintree a few years ago, before it was acquired by PayPal and before Stripe launched in the UK, Adyen handled Braintree's merchant accounts (in Europe, at least). I'd never heard of them before (or since). I remember the signup/KYC process as being a massive pain, as we needed to do KYC with Adyen as well as Braintree. It took weeks. A few years later when Stripe launched in the UK I was totally blown away by how simple and quick it was to sign up.
I have heard of it as it's a Dutch company and I am Dutch. They are doing really well in the sense of having many payment methods, as in Europe every country prefers a different method. The CEO has a lot of experience in payment integrations and financial transactions, even before starting Adyen. Furthermore, in the Netherlands they are also rolling out payment machines that are cheap and support many payment options (also think about Apple Pay etc).
I hadn't heard of them until I moved to the Netherlands and only became aware of them because buying e.g. cinema tickets flashed up on my phone as a payment to Adyen rather than Pathe.
Since Uber and Netflix are using Ayden in the background I am guessing they can handle global payments. Most of us never knew what payment provider did these companies use so far.
If anyone else, like me, thought eBay owned PayPal:
> On October 3, 2002, PayPal became a wholly owned subsidiary of eBay. On September 30, 2014, eBay Inc. announced the divestiture of PayPal as an independent company, which was completed on July 20, 2015.
I wonder when eBay will change their rules that currently state that you must offer Paypal and cannot mention other payment options (including cash) in a listing.
When Ebay first started requiring Paypal, it made sense - Paypal was clearly the frontrunner for online payments and Ebay's homegrown effort was a pale comparison. Also Ebay was a real powerhouse that could move the needle with a decision like that.
Today I feel like Paypal has a lot more traction than Ebay, and this is going to be a big flop for them. As a consumer I don't want to sign up for yet another payment service.
They didn't "ditch" PayPal, at least not according to the e-mail I saw. They merely made it a non-default option. It's not like you can't still use PayPal.
Stripe/Braintree are a lot better than PayPal. PayPal will never take your processing history into consideration if their algorithms decide that your account is connected to some account with past violations. This happened when my developer used his API keys on our production resulting in our account with 1M+ revenue/2 years (very few chargebacks if any) of operation banned. As a small startup, it was a death sentence for our business, finding another processor at high volume is difficult when you've no history to show!
[+] [-] analog31|8 years ago|reply
PayPal seems to be unique in being able to take payments from a passive web page, because the customer conducts their transaction at PP's website.
This is why I continue to use PP for my tiny little business (without eBay). Even though I consider myself reasonably tech savvy, I don't trust myself to maintain a website that is compatible with everybody's browser, phone, etc., and that guarantees the security of their personal data. Moving to another payment processor requires a quantum leap in technology that I'd rather not keep up with. I'd rather design another gizmo.
From time to time I look around for an alternative to PP, and haven't found one yet. I suspect that many small-time eBay sellers may be in the same boat.
[+] [-] clintonb|8 years ago|reply
[+] [-] slobotron|8 years ago|reply
Iirc, still need to use backend code to do the actual charge, but at least you never see any sensitive info.
[+] [-] dcosson|8 years ago|reply
You also mention a passive web page, if you're talking about a static site (as in a jekyll or hugo site hosted on S3), you may be right. I don't fully understand how that might work since if you're accepting payment for a service, presumably you also need to keep state somewhere to track the delivery of that service to users and such. But if you did want to accept Stripe on a static site, I would think you could use Lambda functions in AWS to handle the callbacks without worrying about the maintenance costs and security risks of running your own linux server.
[+] [-] dboreham|8 years ago|reply
[+] [-] vasusen|8 years ago|reply
[+] [-] roordan|8 years ago|reply
[+] [-] darthbanane|8 years ago|reply
There's a shared secret you can use to verify the payment when they callback to you after payment, and their HPP is skinnable.
[1] https://docs.adyen.com/developers/api-reference/hosted-payme...
[+] [-] vectorEQ|8 years ago|reply
[+] [-] kennydude|8 years ago|reply
They usually offer some kind of "pay links" or something similar.
[+] [-] hkmurakami|8 years ago|reply
[+] [-] unknown|8 years ago|reply
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[+] [-] erikpukinskis|8 years ago|reply
https://stripe.com/checkout
[+] [-] cdancette|8 years ago|reply
[+] [-] draw_down|8 years ago|reply
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[+] [-] buildbuildbuild|8 years ago|reply
For those of you contemplating Adyen vs. Stripe: Adyen is much more "bare metal." Think more like a modern Authorize.net. Nobody comes close to Stripe's turnkey developer-friendliness.
[+] [-] lachyg|8 years ago|reply
Glad to hear on the developer friendliness! If there are ways we can continue to improve on that front, please shoot me a note: [email protected]
I'm curious though what you mean when you say Adyen is much more "bare metal" than Stripe. We don't typically talk too much publicly about our underlying infrastructure (our goal is to abstract away that [hopefully] unnecessary complexity), but we do strive to be as close to the bare metal as possible. (We're directly connected to all of the major card brands, and have "acquiring licenses" in numerous markets.)
[+] [-] Shivetya|8 years ago|reply
I was just recently refunded over five hundred dollars for a purchase made on ebay because the seller never had the item to sell. Now I had to wait until the last day of delivery passed and wait the "resolve with seller first" delay which is only three days I think. In the end ebay refunded me.
This is not to say ebay is perfect, they don't require sellers to provide tracking through ebay and they should. they should require it within three business days or allow a refund. In my case the fraudulent seller never provided tracking information even though I made three requests
[+] [-] justherefortart|8 years ago|reply
I use PayPal as a buyer, I would NEVER use them as a seller.
[+] [-] parito|8 years ago|reply
Although I get the logic behind it, not one other PSP requires such a huge reserve, therefore we decided not to work with them.
Todays payments world is v competitive and players like checkout.com and many others are v aggresive trying to disrupt stripe's dominance in this area
[+] [-] superplussed|8 years ago|reply
[+] [-] cyberferret|8 years ago|reply
(I also noticed on the video that it is pronounced "Adi-an" where I first thought "Ad-yen" which makes them sound more like an ad wholesaler than a payment processor.)
[+] [-] dmix|8 years ago|reply
I'm curious what the integration with Ebay will look like. Will users be redirected to their Ayden accounts ala Paypal or will it be branded via Ebay?
[+] [-] mdnormy|8 years ago|reply
Major upside for Adyen is they price match(at least for my company, we process USD ~350mil/annum). This may sounds crazy but my company constantly negotiate the pricing with them. Almost on monthly basis.
I knew this because my team have to work with lots of local and China-based payment processor to create PoC. Just so that corporate team can show this to Adyen and renegotiate the fee.
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[+] [-] Someone1234|8 years ago|reply
> On October 3, 2002, PayPal became a wholly owned subsidiary of eBay. On September 30, 2014, eBay Inc. announced the divestiture of PayPal as an independent company, which was completed on July 20, 2015.
[+] [-] tyingq|8 years ago|reply
[+] [-] DrScump|8 years ago|reply
I wonder when eBay will change their rules that currently state that you must offer Paypal and cannot mention other payment options (including cash) in a listing.
[+] [-] thebiglebrewski|8 years ago|reply
[+] [-] mark-r|8 years ago|reply
Today I feel like Paypal has a lot more traction than Ebay, and this is going to be a big flop for them. As a consumer I don't want to sign up for yet another payment service.
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