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Comment by boundlessdreamz | Hacker News Reader

Hugely disappointed that India is not among the countries Braintree is expanding to. People in other areas(like europe) have at least one half decent payment gateway provider. In India we have NONE.

This is the biggest payment gateway in India - http://www.ccavenue.com/content/pricing.jsp they charge 3-7% and they suck. API docs suck, payments get timed out etc. There is an annual "maintenance" charge!

Developers (and users) are really fed up with the low quality of payment providers in India. - have a look at these

http://hackerstreet.in/item?id=9565

http://hackerstreet.in/item?id=14592

http://hackerstreet.in/item?id=6727

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The problem with India is that the indian government is broken (or is at least percived to be broken) outside of India. I wouldn't risk my customers money there -- too much corruption.

I doubt it will ever be available in Nigeria either, nor most of Africa.

I don't know how to respond to this :). It is so widely off the mark that I can only shake my head in surprise. A huge number of MNC's dominate certain sectors of the economy. India is one of the top destinations for FDI in the world. See - http://unctad.org/en/docs/diaeia20104_en.pdf. Equating India to Nigeria .. Sheesh.. I don't know whether you were trolling or serious!

I don't think FDI is a very good indication for the challenges that a consumer payment processing company might encounter in India, especially in relation to their product.

Point was there are lot of International companies successfully doing business in India. What do you think are the challenges consumer payment processing company might encounter in India, especially in relation to their product?

I think the regulatory environment for setting up a business, obtaining licenses, etc is somewhat orthogonal to how local laws and enforcement deal with (not only per letter of the law, but enforcement) fraud, spam, phishing, chargebacks, et al. I don't mean to profess complete familiarity with the matter here, but it's just one area where Braintree's difficulty is not coupled directly to the amount of FDI. My naive understanding is that at this time that these kinds of issues (such as enforcement of contracts with small entities) are still somewhat in the wild-west phase in India.

But as other posters have noticed, it does look like there is an emphasis on the EU and members of the Commonwealth. So it may just be down to the number of very distinct regulatory regimes Braintree was comfortable dealing with at the time, so this could be much speculation about nothing.

Don't be too sad ... my countries Malaysia, Singapore, or any Asian countries is neither in the list ... but this is a great first step ... hope more competitors (Stripe, Square, etc.) will follow ..

Have you tried PayU.in? They offer card vault services and assist merchants in getting PCI DSS compliant. they are quite good.

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