Payment Infrastructure Challenges
Patrick discusses the limitations of traditional banks in providing developer-oriented payment services, highlighting the cumbersome processes entrepreneurs face when trying to set up payment systems. He reflects on the missed opportunities of companies like PayPal, which, despite their initial promise, became too focused on other priorities. The conversation reveals the need for a dedicated technology infrastructure provider in the payments space to streamline operations for startups.In this clip
From this podcast
Decoder with Nilay Patel
Recode Decode: Patrick Collison, CEO, Stripe
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