Stripe is expanding JCB support: https://stripe.com/blog/jcb-expansion … Some brief thoughts:
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Historically, a new payment method means separate underwriting. Separate funds flows that your accountants have to work around. A state-machine-of-doom on the backend dealing with slight differences in how payment methods operate. Duplicative admin screens to e.g. do refunds.
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There's got to be a better way to do that. It won't arrive in a thunderclap. It is going to take patient engineering work, financial partnerships, regulatory suasion, etc etc, executed over years. We're in this for the long haul.
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A fun thing we did recently: Checkout now guesses which payment methods a user would probably find most relevant. This lets you not waste screen real estate presenting literally every payment method in the world, and just surface the ones a user probably wants. Conversions++.
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"How many payment methods are there?" Just scoping this to what a single Japanese convenience store has to support, take a look at this logo wall: https://twitter.com/patio11/status/1169540753661419521 … It's *many more than that.*
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End of conversation
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India's on the brink of a recurring payments revolution thanks to UPI 2.0! Please get UPI integrated into Stripe ASAP :)
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