Re: [SiliconBeach] US Payments/Banking for Melbourne startup

2014-04-01 Thread Stuart Clayton
Hi Ken, Just to follow up for Dan, I'm the another co-founder of Digital Pigeon and handled our switch to Stripe and work with Stripe UI daily. Stripe AU supports all Aussie cards and Stripe US adds all the extra US cards - discover, diners etc. It appears that pin.net.au is Australia's answe

Re: [SiliconBeach] US Payments/Banking for Melbourne startup

2014-04-01 Thread Hugh Stephens
+1 for Pin as a customer (no relationship with them financial or otherwise). US bank acct is a total nightmare unless you are either in the States or go there (no matter how briefly). Pin is easy as all hell. Yes, you lose some because of the currency conversion (e.g. my hosting is in USD, which

Re: [SiliconBeach] US Payments/Banking for Melbourne startup

2014-04-01 Thread Tom Adams
Braintree will allow charging in other currencies, we do GBP, USD & AUD, you just need them set up in the back end, and then you decide which currency to settle in, and if it involves a conversion (e.g. sell in USD settle into AUD) then you pay that hit. If you have multiple merchant accounts you p

Re: [SiliconBeach] US Payments/Banking for Melbourne startup

2014-04-01 Thread Tom Adams
My understanding is that this is based on the bank that backs the payment infrastructure. There are probably also some financial considerations if you're settling money into an AU account from the US (e.g. conversion & account fees), so it'd depend on how you're set up & what tradeoffs you're prepa

Re: [SiliconBeach] US Payments/Banking for Melbourne startup

2014-04-01 Thread Ken Dillinger
Hey Dan, This is interesting. So Stripe Australia can only change some cards but not others? I am aware that a lot of companies in the US seem to go for Amex so this may be a deal breaker if we chose Pin? We looked into SVB a while ago but put it off because it did look hard to setup from where w

Re: [SiliconBeach] US Payments/Banking for Melbourne startup

2014-04-01 Thread Ken Dillinger
Hey Tom, Yep, already looked at Braintree too but from what I have read they only allow pricing in AUD. Stripe are also on our short list. Will search the list archives, thanks! Ken On Tue, Apr 1, 2014 at 1:40 PM, Tom Adams wrote: > Hey Ken, > > We use Braintree at Oomph, it does what you ne

Re: [SiliconBeach] US Payments/Banking for Melbourne startup

2014-04-01 Thread Ken Dillinger
-australia@googlegroups.com > Date: 1 April 2014 at 11:34:31 am > To: silicon-beach-australia@googlegroups.com > silicon-beach-australia@googlegroups.com > Subject: [SiliconBeach] US Payments/Banking for Melbourne startup > > Hi everybody, > > We are launching in a couple

Re: [SiliconBeach] US Payments/Banking for Melbourne startup

2014-04-01 Thread Dan Washusen
I agree Tom. I over simplified why we switched, more supported cards was only one of the reasons (and we could have gotten close to that through NAB)... On Tue, Apr 1, 2014 at 5:22 PM, Tom Adams wrote: > I think the cards accepted are a limitation of NAB (which backs a lot of > them) rather tha

Re: [SiliconBeach] US Payments/Banking for Melbourne startup

2014-03-31 Thread Tom Adams
I think the cards accepted are a limitation of NAB (which backs a lot of them) rather than the payment infrastructure. Tom On Tue, Apr 1, 2014 at 3:42 PM, Dan Washusen wrote: > Hey Ken, > We have two Stripe accounts, one Australian based through NAB and another > US based through SVB. All the

Re: [SiliconBeach] US Payments/Banking for Melbourne startup

2014-03-31 Thread Dan Washusen
Hey Ken, We have two Stripe accounts, one Australian based through NAB and another US based through SVB. All the international business goes through the SVB backed account and the AU/NZ business goes through NAB. We did it this was because it's the only solution we could find to covered a wide rang

Re: [SiliconBeach] US Payments/Banking for Melbourne startup

2014-03-31 Thread Tom Adams
Hey Ken, We use Braintree at Oomph, it does what you need, we were able to charge in GBP, AUD or USD and settle into an AU account (NAB). Braintree is functional, but a bit of a pain (paperwork, long lead time) to set up. Now that there are more options I doubt I'd pick them again (was them, paypa

Re: [SiliconBeach] US Payments/Banking for Melbourne startup

2014-03-31 Thread Matt Allen
kendillinge...@gmail.com Reply: silicon-beach-australia@googlegroups.com silicon-beach-australia@googlegroups.com Date: 1 April 2014 at 11:34:31 am To: silicon-beach-australia@googlegroups.com silicon-beach-australia@googlegroups.com Subject:  [SiliconBeach] US Payments/Banking for Melbourne startup

[SiliconBeach] US Payments/Banking for Melbourne startup

2014-03-31 Thread Ken Dillinger
Hi everybody, We are launching in a couple of weeks but haven't yet decided what to do about payments. We are Melbourne based but are targeting the US market (already have an American LLC) so we want to charge in US dollars. Do we need to get a US bank account? We looked into this (e.g. walked