Processing money should be something you consider at some point, but what I am missing is a mention that this is coupled to your target market.
In Germany many businesses (assuming you are working on some SaaS / B2B / ...) would look at you like you just talked Klingon if you tell them you only accept credit cards. Sad truths is that most smaller companies do not even think about having credit cards. There is slowly some change, form what I have experienced, mostly due to older CEOs and business owners being replaced by a younger generation but overall credit cards are not as common here as in America.
On the other hand I currently looked at some providers for credit card processoring (currently working on a project where it could become necessary). Most of the services seem to require your company to be in America or England, most won't work in Germany. So maybe I skip credit cards for the beginning and chose to go with something else (just hypothetical) - does this mean I do not have a product? Because I only support 5 out of 6 possible payment options?
Then there is still the option of in app purchases. For most apps which are "just an app" I believe they will work way better. No need for another service, no separate website or member area, nothing to care about but integrate an existing system which is designed to move money from a customer as fast and easy as possible to you (and a middle man).
The author is right that you should think about payment processing while working on a product - but processing credit cards is not the holy grail.
In Germany many businesses (assuming you are working on some SaaS / B2B / ...) would look at you like you just talked Klingon if you tell them you only accept credit cards. Sad truths is that most smaller companies do not even think about having credit cards. There is slowly some change, form what I have experienced, mostly due to older CEOs and business owners being replaced by a younger generation but overall credit cards are not as common here as in America.
On the other hand I currently looked at some providers for credit card processoring (currently working on a project where it could become necessary). Most of the services seem to require your company to be in America or England, most won't work in Germany. So maybe I skip credit cards for the beginning and chose to go with something else (just hypothetical) - does this mean I do not have a product? Because I only support 5 out of 6 possible payment options?
Then there is still the option of in app purchases. For most apps which are "just an app" I believe they will work way better. No need for another service, no separate website or member area, nothing to care about but integrate an existing system which is designed to move money from a customer as fast and easy as possible to you (and a middle man).
The author is right that you should think about payment processing while working on a product - but processing credit cards is not the holy grail.