EBay to Ditch PayPal for Dutch Payment Processor Adyen • Hacker News Board

Re: EBay to Ditch PayPal for Dutch Payment Processor Adyen

#141

Post by celman » Fri, Feb 02, 2018, 9:31 AM UTC

vectorEQ wrote: post #129

analog31 wrote: post #13

Here's what puzzles me. I have looked into Stripe, and just browsed the Adyen webpage. Both of those services seem to require you to maintain your own "active" server that can run server side code. PayPal seems to be unique in being able to take payments from a passive web page, because the customer conducts their transaction at PP's website. This is why I continue to use PP for my tiny little business (without eBay)…

i agree it's actually kind of bad that payment providers don't provide this page. todays technology could even render it on the webpage of the customer shop without redirecting fully to another page (scrpt scr=paymentproviderscript.bla? or so?). If people have to maintain and host their own script it makes them horrible prone to attack. In which case i'd rather have a payment provider who needs to secure it than ever…

This is already possible via iframes, check out braintree payments for example.

Re: EBay to Ditch PayPal for Dutch Payment Processor Adyen

#142

Post by Fnoord » Fri, Feb 02, 2018, 9:35 AM UTC

Alexandervn wrote: post #127

cyberferret wrote: post #124

Earlier quoted context omitted.

Cool. As a native Dutch, perhaps you can shed some light. I saw on the video that the pronunciation of the name is more like "Ardee-yun". Is that correct? Also, is it a Dutch word? If so, I'm interested in learning what it means (if anything).

From their about page, it's 'Surinamese for “Start over again”'. It seems to be pronounced as "Ah-dee-yen".

Thank you for that explanation!

To me it sounded very much like Limburgs dialect (specifically Kerkraads dialect) "adieë wa" (only first part, but sometimes the second part is omitted anyway) [1]

English Wikipedia also has an entry for the company Adyen, btw [2].

[1] https://nl.wikipedia.org/wiki/Groet_(etiquette)

[2] https://en.wikipedia.org/wiki/Adyen

Re: EBay to Ditch PayPal for Dutch Payment Processor Adyen

#143

Post by Angostura » Fri, Feb 02, 2018, 9:43 AM UTC

reacharavindh wrote: post #116

donatj wrote: post #88

Earlier quoted context omitted.

This. Entirely. I used to work for a small ecommerce webdev shop. I’ve worked on sooo many shitty insecure shopping carts over the years I simply know not to trust basically any small website asking for my card. Completely unencrypted, storing CVVs, sending CC details as GET parameters, I’ve seen it all. It’s painfully common! If a company is not a huge name, and is handling your credit card info themselves, they are…

This. I wish there was a fundamentally different way of handling payments. Something like a one time hash you give the vendor that serves like a digital check(cheque). This way, if they lose the hash they lost their money instead of the customer's. Handing a merchant credit card details "feels" like handing them a blank Check and trusting them to not take more than they should because of the risk of them losing the d…

There's ApplePay, which provides a very nice experience (if your customer is using Safari :( )

Re: EBay to Ditch PayPal for Dutch Payment Processor Adyen

#144

Post by MaxBarraclough » Fri, Feb 02, 2018, 9:46 AM UTC

reacharavindh wrote: post #116

donatj wrote: post #88

Earlier quoted context omitted.

This. Entirely. I used to work for a small ecommerce webdev shop. I’ve worked on sooo many shitty insecure shopping carts over the years I simply know not to trust basically any small website asking for my card. Completely unencrypted, storing CVVs, sending CC details as GET parameters, I’ve seen it all. It’s painfully common! If a company is not a huge name, and is handling your credit card info themselves, they are…

This. I wish there was a fundamentally different way of handling payments. Something like a one time hash you give the vendor that serves like a digital check(cheque). This way, if they lose the hash they lost their money instead of the customer's. Handing a merchant credit card details "feels" like handing them a blank Check and trusting them to not take more than they should because of the risk of them losing the d…

> I wish there was a fundamentally different way of handling payments

Seconded. At the risk of simply rephrasing everything you just said:

It's a pity the banks and credit card companies just refuse to innovate.

When I buy something from an online vendor, they should never get my full card details. PayPal ameliorates things (you can generally trust PayPal), but really there should be no need for PayPal. The banks/credit-card companies should provide a convenient way to authorise the payment, in a way that doesn't trust the vendor.

Here in the UK, we already have chip-and-pin, and card readers (the kind that show unique numbers - they're used for online banking), but we're still stuck with the trust-the-vendor-or-use-PayPal model for online payments.

Using card-readers for online payments would also help with credit-card theft.

Re: EBay to Ditch PayPal for Dutch Payment Processor Adyen

#145

Post by socceroos » Fri, Feb 02, 2018, 9:47 AM UTC

reacharavindh wrote: post #116

donatj wrote: post #88

Earlier quoted context omitted.

This. Entirely. I used to work for a small ecommerce webdev shop. I’ve worked on sooo many shitty insecure shopping carts over the years I simply know not to trust basically any small website asking for my card. Completely unencrypted, storing CVVs, sending CC details as GET parameters, I’ve seen it all. It’s painfully common! If a company is not a huge name, and is handling your credit card info themselves, they are…

This. I wish there was a fundamentally different way of handling payments. Something like a one time hash you give the vendor that serves like a digital check(cheque). This way, if they lose the hash they lost their money instead of the customer's. Handing a merchant credit card details "feels" like handing them a blank Check and trusting them to not take more than they should because of the risk of them losing the d…

There is payment systems being standardised in browsers at the moment.

Re: EBay to Ditch PayPal for Dutch Payment Processor Adyen

#146

Post by ftoo » Fri, Feb 02, 2018, 9:54 AM UTC

parito wrote: post #111

ftoo wrote: post #102

Earlier quoted context omitted.

Wouldn’t they simply require a reserve that is proportional to the amount you’re charging for the recurring payment?

Usually most PSP's do have some reserve rule, like keeping the 5% up to an X amount of sum, but with Adyen their team calculated the X amount to be in the millions - not one PSP (and we worked with all of them) had this.

So it was still percentage based? I’m a bit confused from your phrasing. Sounds like the problem was that 5% of X could end up being millions, because it had a high ceiling? That doesn’t sound so bad.

Re: EBay to Ditch PayPal for Dutch Payment Processor Adyen

#147

Post by netsharc » Fri, Feb 02, 2018, 10:05 AM UTC

reacharavindh wrote: post #116

donatj wrote: post #88

Earlier quoted context omitted.

This. Entirely. I used to work for a small ecommerce webdev shop. I’ve worked on sooo many shitty insecure shopping carts over the years I simply know not to trust basically any small website asking for my card. Completely unencrypted, storing CVVs, sending CC details as GET parameters, I’ve seen it all. It’s painfully common! If a company is not a huge name, and is handling your credit card info themselves, they are…

This. I wish there was a fundamentally different way of handling payments. Something like a one time hash you give the vendor that serves like a digital check(cheque). This way, if they lose the hash they lost their money instead of the customer's. Handing a merchant credit card details "feels" like handing them a blank Check and trusting them to not take more than they should because of the risk of them losing the d…

Isn't 3DSecure like this? If properly implemented (a giant if, there), the query to the payment provider would happen using client-side Javascript, so your credit card data doesn't touch the shop's server. Then a 3DSecure window from your bank pops up so you can confirm the payment.

The alternative, telling the user to manually go to their bank and generate a token for amount X, would lead to so many people not bothering, and to so many lost sales. Or copy-paste errors, because users are dumb.

Re: EBay to Ditch PayPal for Dutch Payment Processor Adyen

#148

Post by tome » Fri, Feb 02, 2018, 10:09 AM UTC

donatj wrote: post #88

kevin_thibedeau wrote: post #82

Earlier quoted context omitted.

Going to a well known third party is a guarantee that my payment data isn't sitting in a poorly secured vendor database. That's more important to me than a seamless transaction. PayPal is most useful when you don't fully trust the site you are buying from to have their shit together.

This. Entirely. I used to work for a small ecommerce webdev shop. I’ve worked on sooo many shitty insecure shopping carts over the years I simply know not to trust basically any small website asking for my card. Completely unencrypted, storing CVVs, sending CC details as GET parameters, I’ve seen it all. It’s painfully common! If a company is not a huge name, and is handling your credit card info themselves, they are…

And why would that matter to me? I've shopped online at small (and large) vendors for 20 years and I've never experienced fraud. Even if I did, the CC company covers it, don't they?

Re: EBay to Ditch PayPal for Dutch Payment Processor Adyen

#149

Post by philliphaydon » Fri, Feb 02, 2018, 10:29 AM UTC

rbobby wrote: post #92

xstartup wrote: post #74

Stripe/Braintree are a lot better than PayPal. PayPal will never take your processing history into consideration if their algorithms decide that your account is connected to some account with past violations. This happened when my developer used his API keys on our production resulting in our account with 1M+ revenue/2 years (very few chargebacks if any) of operation banned. As a small startup, it was a death sentenc…

I've avoided paypal for ages because of their heavy handedness with freezes and bans. They just can't be trusted not to fuck over your business. Not intentionally... but algorithmically. And once that happens their customer support rarely seems to be able to fix the issue. They just don't seem to care about false positive vendor issues.

I had an issue with my paypal account in Australia where they thought it was ok to pull money out of my credit card when it expired. This failed of course and so they decided to just put me into a negative balance. They never emailed me until about a year later when they threatened to send debt collectors... so I added my singapore credit card. However I couldn’t. It would fail to accept the card. Support told me that my card was stolen because I’m using a singapore card on an Australian account. In the end not having an Aussie bank account or card I was forced to open a new singapore account, send money to the old account. Then close both accounts...

Re: EBay to Ditch PayPal for Dutch Payment Processor Adyen

#150

Post by iagovar » Fri, Feb 02, 2018, 10:30 AM UTC

thirdsun wrote: post #114

mdnormy wrote: post #85

Earlier quoted context omitted.

But the brand name matters. My previous company selling online product to typical non-tech audience, and majority US customer insist on Paypal.

My guess is it's even more popular outside the US, or anywhere where credit cards aren't that common - like europe. We link our banking account to Paypal and use it to have instant payments (and fulfillment) without credit cards. You can't expect people to own credit cards over here.

Almost every payment processor accept debit cards, which is widely used in europe.