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Show HN: Open-source Stripe Connect alternative

zoneless.com

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Re: Show HN: Open-source Stripe Connect alternative

#24

There are others that use stablecoins but also handle the legal side like KYC and AML, I was looking at Coinflow for one, so you're probably better off using them.

Definitely other options out there. The main difference is Zoneless is open-source and self-hostable, so there's no transaction fees charged on top. Zoneless has KYC built in via Didit along with additional risk / compliance tools also.

Re: Show HN: Open-source Stripe Connect alternative

#25
I think it's absolutely brilliant!

Also, what I find, well, let's just say "entertaining" here in the HN comments is that some posters (who don't do very well at identifying themselves!) complain about the as-of-yet-somewhat-"imperfect" (let's just say) at this point in time KYC and identity verification of customers aspects of this thing... (you have to love the double standard there!)

Forgive me for saying this, but aren't all Bitcoin and all other cryptocurrency transactions (at least in all cryptocurrencies that don't track identity) subject to the KYC and identity verification complaint?

In other words, you've got the tiniest of fishes in this pond, Ben, and he's trying to do the right thing, and he at least is a little bit accountable to "the spirit and letter" of doing the right thing -- whereas all of the other black-box cryptocurrencies DO NOT do anything KYC or identity verification wise.

Yet you other posters, you other critics -- are willing to see the "mote in Ben's eye" whereas you are not willing to see the "beam" in your own -- all of the other black-box cryptocurrency, foreign currency, and other systems for trade/transactions that you do not control.

Ye hypocrites!

I have nothing to say to you... half of you are people with agendas paid off by dark money funds, and half of you are bots, also paid off by dark money funds.

Ben, you are on the right track, you are doing the right thing!

Ignore what all of these crackpots, cranks, and agenda-driven paid-for-by-dark-money naysayers have to say!

You always see them, en masse, on any HN article that is halfway political or halfway financial.

They are always hypocritical, always willing to railroad discussions to their political and/or financial ends.

They never observe the bigger issues, and if you debate them they will railroad the debate into corner cases and use those corner cases to make you look bad!

So, getting back to the software, I like it, I think it's absolutely brilliant!

And I'm a human being with a real name, real flesh and blood, and I can own every single damn thing I say on HN, every single damn comment I make, without ever hiding behind an alias!

(Maybe HN should implement a "KYP" policy. That is, a Know Your Poster. policy... That is, know the person making the comments...)

Anyway, way to go, Ben!

Re: Show HN: Open-source Stripe Connect alternative

#27

Earlier quoted context omitted.

A good way to operate this is to keep using a regular payment processor for checkout, but use this for payouts, so you can still accept cards and enjoy fee savings (there's a prompt on the homepage that will set it up for you just like this). Zoneless is completely independent of Stripe, you do not need Stripe approval or a Stripe account to run it. We have some beginner guides in our docs for handling topping up / e…

very good thanks again for your replies ive never dealt with crypto hence these questions i think stablecoins and zoneless makes a lot of sense, stripe connect is very expensive. for keeping regular payment processor for checkout....is that stripe? aren't they looking and evaluating your marketplace and then saying yes or no still ? or do you mean to use a high risk processor?

You can use whichever you like - but yes you will have to abide by their terms.

Zoneless has an open-source checkout to accept payments/subscriptions via stablecoins if you wanted a completely self-hosted alternative. I am very aware that not everyone wants to pay via stablecoins yet, though. People are very open to being paid with them, hence why it works well for payouts.

Re: Show HN: Open-source Stripe Connect alternative

#28

Earlier quoted context omitted.

Yes it uses USDC behind the scenes, which is regulated, fully reserved, and designed to stay at $1 (very different to USDT) - there's no Stripe behind the scenes, it's completely independent. I totally understand where you're coming from, because I felt the exact same, but stablecoins specifically do not suffer from the same crypto crowd problem. They are just a very boring, elegant way of moving money cheaply.

yeah USDC seems more legitimate but banking risk I wonder if it changed since the silicon valley bank situation where it depegged to something like 80 cents on the dollar and USDT still hasn't published their audit despite KPMG signing off on it.... its these systematic risks that makes me wary but I understand your product now and I think that it makes sense but do you need Stripe approval ? how will i take card wit…

That's a fair question. I've been building Fiber for it — hold USDC without a seed phrase or MetaMask, email login, bank rails if you want dollars. https://fiber.so

Re: Show HN: Open-source Stripe Connect alternative

#29

I think it's absolutely brilliant! Also, what I find, well, let's just say "entertaining" here in the HN comments is that some posters (who don't do very well at identifying themselves!) complain about the as-of-yet-somewhat-"imperfect" (let's just say) at this point in time KYC and identity verification of customers aspects of this thing... (you have to love the double standard there!) Forgive me for saying this, bu…

Thanks for the support Peter, I appreciate it!
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