Surprisingly small contract. It's interesting to see that a full government contract for a payment provider is a fraction of a US mid-size company's cloud bill. I am constantly surprised by things like this. Here's another: there are more foreigners in Taiwan (total pop. 25 m) than in China (total pop. 1.4 b).
I'm curious whether this will materially reduce costs for local authorities or whether the benefits are primarily in expanding payment options.
I wish Adyen was as good at marketing and hype as Stripe was.
Stripe is really good at making themselves look like a way bigger deal than they are.
Stripe allows for these kinds of payments, we've been updating our store to support Wero etc. It should give better conversation and processing rates than the US credit cards.
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Associated Adyen post: https://www.adyen.com/press-and-media/adyen-payments-gov-uk
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So maybe it'll stop taking three requests, 1-2 months, and a certified letter every year to receive your tax refund?
HMRCs digital services in general are pretty good, but refunds not so much.