this post was submitted on 22 Oct 2023
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My company is currently using stripe as payment processor. As a side project, I want to explore the possibility of creating my own payment processor at home (i.e. become my own stripe). Does anyone know what's involved?

I can probably develop a stripe clone by myself. But I want to focus on the legal/financial aspects.

Pls don't tell me to accept bitcoin. Already got that rolling.

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Yes indeed, i think that’s the phrasing that does it best. For example if there are some cheaper psp’s around for 1 specific payment method but you’d like to offer more. You could proxy different psp’s for different payments all into 1 API and offer that as a service perhaps. I don’t have any concrete ideas for that but suggested it as a point to get you started somewhere and if you have a working business model you could use the profit to start building everything in-house to work towards becoming your own PSP.