[chris2brooks]

Because in the "Third World" countries, PayPal may and sometimes is the only way to get foreign payments OR it's the only supported integration in many SAAS and apps. Many WordPress integrations has Stripe and PayPal as the only options. I'd love to pay less than 5% but in a cruel world I'd also rather pay 5% and get global income than to settle for less and no global option.

For instance here in South Africa, Stripe is not supported. As much as I would love to rather use Stripe it's just not an option for me unless I incorporated my business in the US with Atlas, which brings other headaches.

As CyberFonic has mentioned, building relationships with banks and credit card providers is a big undertaking. Which is probably why companies like Stripe opted for an Atlas-powered alternative for unsupported countries.

[muzani]

In Malaysia, can confirm we use PayPal and Braintree, just because Stripe hasn't entered. There are local startups that do payments better and cheaper, but they're limited to the country and can't take international payment.