[muse900]

"So stripe here would charge an EU card from its EU entity, US from the US, GB from GB etc etc, regardless of where the merchant is actually located. Maybe there is something fundamentally different with the workings of Visa / MC payments and clearing though that means this is not possible?"

Not really. The transaction happens on the country the merchant Operates.

If you are a merchant within the EU and stripe accepts a txn on your behalf, if that txn is from a card issued by a UK institution you will be charged the extra fee.

[ksec]

>The transaction happens on the country the merchant Operates.

In order to achieve what parent said, the merchant will have to have a legal entity in every single country where they have customers in, and setup payment processing account within those jurisdiction.

So I am wonder at what sort of revenue does it make sense to do this. Assuming this process could somehow be automated / abstracted and the only cost are legal and accounting. ( i.e Cost that cant be avoided )

[toast0]

I'd imagine there are ways to set up such entities for not a lot of money, but selling to a jurisdiction has a lot more obligations when you're a legal entity in that jurisdiction instead of just exporting to it.

[alasdair_]

Not really, it would be enough to have a single entity in the EU for all EU countries.