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Ask questions of YC alum (S13) and ex-Visiting Partner, Edrizio de la Cruz. He’s publishing his new book, The Underdog Founder, on September 19th where he shares his odyssey from w…

Ask questions of YC alum (S13) and ex-Visiting Partner, Edrizio de la Cruz. He’s publishing his new book, The Underdog Founder, on September 19th where he shares his odyssey from w…

It's one thing to rely on phone numbers for authentication, it's yet another to store the messages. The same scenario on WhatsApp would have given the attacker access to the accoun…

You can start the migration process and continue to use Balanced. Your existing cards, bank accounts, and seller data will be ported to Stripe, and all new cards, bank accounts, an…

"I have sufficient funds in my marketplace" is defined here: https://github.com/balanced/balanced-api/blob/master/feature... Given(/^I have sufficient funds in my marketplace$/) do…

Here's an example of how we do it: The scenario: https://github.com/balanced/balanced-api/blob/master/feature... : Scenario: Push money to an existing debit card Given I have suffi…

It feels so good to see some of the comments here and elsewhere on our approach at Balanced. I've been trying to put this process/system in place for close to two years now. Steve …

The challenge we had with that approach was being able to reference the response of a previous request. As a simple example: 1. Create customer 2. Add tokenized card to customer 3.…

There's a few differences: 1. You have to hunt down a check or track down your account number and routing number from your bank where you have your debit card in your wallet. 2. We…

> It seems to me like you guys already have a system to map debit card numbers to bank accounts, so this should technically be possible as an ACH transfer. No? That's not the way w…

What is the use case?

Balanced is offering a white-labeled API. Square Cash is a branded consumer product. The mechanism of paying people using their debit cards is the same.

No daily limits. Visa limits the transactions to $2,500 per transaction. Other networks don't have as well defined of a limit. We set the $2,500 limit in the API to set a reasonabl…

(ceo of Balanced) Under promise. Over deliver. That's the best way to answer that. :-) We have partnerships and direct ATM network integrations to clear in real-time for ~55% of de…

> My payment processing company has tried to call the Ally Bank agent for 2 days with no avail. Ally isn't going to help you in this case. Ally doesn't know you, and you're asking …

(I work at Balanced) Balanced does: https://www.balancedpayments.com/ach-debits

Balanced will and has.

We repurposed the glass tabletops from IKEA desks and threw them on the wall for white boards ;-)

Congrats Sam! Thank you for the advice to continually focus, focus, focus even in the face of temptation to do more.