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His opinion "I wonder why the EU is an afterthought when you need to spend millions on compliance for every new feature" is not backed up by any facts. If he had said that meeting the legal requirements in 28 different independent and sovereign countries adds too much cost then he would be correct.

Remember the EU Single Market and Custom Union does not cover every aspect of commerce and industry across all 28 member states.

Having said that, the Payment Services Directive 2 (PSD2) which applies to Stripe, will remove any remaining barriers and costs that still exist between member states when applied to the provision of electronic payments. If one was to add in the eIDAS directive then meeting compliance for identity, fraud, etc will soon be irrelevant.




Sure but the EU does levy rather large fines.




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