Stripe Issuing – An API for creating physical and virtual cards
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Re: Stripe Issuing – An API for creating physical and virtual cards
#2That’s awesome. I wonder how easy would it be to code an easy service that generates a different card for every subscriptions. No more hassle to cancel this gym membership!
Re: Stripe Issuing – An API for creating physical and virtual cards
#3Any word on pricing? fees? cashback?
Re: Stripe Issuing – An API for creating physical and virtual cards
#4Congrats team!
Re: Stripe Issuing – An API for creating physical and virtual cards
#5How is the balance of the card established? Is it just paid from a connected bank account similar to a chargeback after a payout has been already paid into a bank account?
Re: Stripe Issuing – An API for creating physical and virtual cards
#6That’s awesome. I wonder how easy would it be to code an easy service that generates a different card for every subscriptions. No more hassle to cancel this gym membership!
Be careful of the "cancel this gym membership" approach. Gyms in particular have a reputation for sending you to collections if you try to end your contract that way, as the contracts generally specify a specific way you have to end the plan.
Re: Stripe Issuing – An API for creating physical and virtual cards
#7Love it, unfortunately it is currently by invitation only though. Anyone have any information about what the qualifying criteria is?
Re: Stripe Issuing – An API for creating physical and virtual cards
#8I can't even imagine how much work went into this. Stripe does a great job of tackling the toughest problems and making it looks easy!
Re: Stripe Issuing – An API for creating physical and virtual cards
#9How is the balance of the card established? Is it just paid from a connected bank account similar to a chargeback after a payout has been already paid into a bank account?
(I work on Issuing.)
The cards draw from a Stripe balance, which can be funded from a connected bank account (or ordinary Stripe charges).
Re: Stripe Issuing – An API for creating physical and virtual cards
#10That’s awesome. I wonder how easy would it be to code an easy service that generates a different card for every subscriptions. No more hassle to cancel this gym membership!
That may be a bad idea — you have entered into a contract, one that likely doesn't account for that sort of "cancellation" and so gyms could legally keep charging you, consider the account delinquent for awhile, then close it and sell that debt to a collection agency. On the other hand 24h fitness auto-canceled my membership when I didn't go for a little while, so at least some have some kind of incentive to not have people hate them.