Stripe Payment Gateway Coming soon in India
I was checking paypal alternatives and came across company named Stripe. This company has managed to attract startups around the world. Many business are leaving paypal and others and using stripe instead. The reason is obvious - they work with small business on fraud and other cases. In contrary to paypal that just closes accounts of people if there are disputes with clients.They are yet to completely start in india as they have just made few hires so far. So I am guessing by the mid of 2017 or after the company will be active here. So thats a lot of time in between for them to go through RBI guidelines and to offer payment gateway to local business.
I wonder how much this is going to help indian business to get offshore clients and to make money from clients around the world. Do you think paypal monopoly will finally stop with stripe in india?