I was really excited when Pin was first announced last year on HN, and judging from the response so were a lot of others: http://news.ycombinator.com/item?id=4078334

But since then Braintree launched in Australia and some of Pin's "first mover" advantage has been lost. I definitely welcome Pin's arrival, but I think Braintree's offering has a lot of pluses over Pin's.

I also feel that their announcement on HN 9months ago now feels like it was a "clever" way to gauge demand before building the product. In some ways I applaud them for the move, but I also don't like the feeling of being misled.