John Collison Quotes

More and more people are opening online stores and online retail businesses. This market is expanding very, very quickly.

Within Internet users, you have a big chunk of people who can convert to online shopping.

A great deal of energy is spent daily on pushing the Russian e-commerce boom along while managing all aspects of growth and development along the way.

Broadband gives small businesses the opportunity to broaden their customer base and reduce their overheads through e-commerce platforms.

Over many generations, fortunes in the business world were made through buying and selling products in physical stores. Internet fortunes have been made buying and selling products online.

Stripe really did come about because we were really appalled by how hard it was to charge for things online.

We haven't even begun to see just how many transactions are going to take place online.

When we started the e-commerce, nobody believed that China would have e-commerce because people believed in 'guang-shi,' face-to-face, and all kinds of network in traditional ways. There's no trust system in China.

I usually shop online.

E-commerce is a powerful means to connect the unconnected to global trade.

E-commerce is not an industry; e-commerce is a tactic.

Well, another market is being created now out of Internet technology.

The Russian customers don't feel very comfortable with online transactions.

Now it's easy for someone to set up a storefront and reach the entire world in very modest ways. So these technologies that we thought would dis-intermediate traditional sellers gave more people the tools to be sellers. It also changed the balance of power between sellers and buyers.

Square is turning informal, cash transactions, like you would do with a taco truck, into card swipes. Stripe is more for the Internet, it's focused on the kinds of transactions that weren't possible years ago. We think about how you would buy things from a mobile phone, crowd-funding, how should that work.

Amazon thrived because it implemented the online bookstore idea better than any of its early rivals did, not because it was the only company to have the idea or the first company to have the idea. It continues to grow only because it keeps trying to improve on the details of the idea and the way it puts it into practise.

Stripe is building payment infrastructure for the Web, so we make it easy to accept credit cards online. Before Stripe, the way you'd do this is using the legacy banking structure. It was slow, it was complex, it was expensive. It had this very chilling effect on e-commerce.

All the big online retailers are looking at how to enter the Russian market.

I started buying on the Internet quite rapidly, as early as 1995.

Trade on the Internet is becoming very widespread. The problem is our laws have not caught up with electronic commerce.

The power of digital distribution over physical retail outlets is you have a chance to create a global audience.

I do most of my shopping online. It's just convenient for me.

E-commerce is applicable to Russia, just as it's applicable to any other market.

When online business first appeared, a lot of operations would take your order and then disappear.

We realized we had high-volume marketplace as a platform. Anyone can come in and buy with a subscription.