I wonder why this isn't standard service from every credit card provider, ideally as an app.
It would make the CC numbers from database leaks a less valuable target since users could easily compartmentalize for every transaction.
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
#12How 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).
Thanks. Is there any documentation available on this? I can't find how a card is connected to specific bank account.
Re: Stripe Issuing – An API for creating physical and virtual cards
#13Earlier quoted context omitted.
(I work on Issuing.) The cards draw from a Stripe balance, which can be funded from a connected bank account (or ordinary Stripe charges).
Thanks. Is there any documentation available on this? I can't find how a card is connected to specific bank account.
Docs: https://stripe.com/docs/issuing
Cards draw from a Stripe balance (which is funded by payments that go through Stripe (or top-ups).)
Re: Stripe Issuing – An API for creating physical and virtual cards
#14How 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).
Will this be launched worldwide? If not, which countries in the first phase?
Re: Stripe Issuing – An API for creating physical and virtual cards
#15A service like this has been avaliable in Portugal from "Multibanco" as "MBNet" or "MBWay"
Re: Stripe Issuing – An API for creating physical and virtual cards
#16Earlier quoted context omitted.
(I work on Issuing.) The cards draw from a Stripe balance, which can be funded from a connected bank account (or ordinary Stripe charges).
Will this be launched worldwide? If not, which countries in the first phase?
We're starting out in the U.S., but have a number of other markets in-flight. Please let us know about your use case on the invite form (https://stripe.com/issuing) — that'll help us prioritize where to go next :)
Re: Stripe Issuing – An API for creating physical and virtual cards
#17I wonder why this isn't standard service from every credit card provider, ideally as an app. It would make the CC numbers from database leaks a less valuable target since users could easily compartmentalize for every transaction.
Because the work involved in creating eneyerprise scalable software platforms that deal with financial transactions is REALLY hard.
Re: Stripe Issuing – An API for creating physical and virtual cards
#18That’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!
Look at https://privacy.com/
Re: Stripe Issuing – An API for creating physical and virtual cards
#19Congrats to the teams at Stripe for getting this out. This opens up a lot of potential for innovation with these kinds of cards. Well done!
Stripe and Twillio lower barriers to entry with products like this. This eliminates a powerful moat that other companies have built. Starting a digital bank or expense report software like Divvy are now much easier. What companies will be at greater risk because this is now an API?
Re: Stripe Issuing – An API for creating physical and virtual cards
#20Love it, unfortunately it is currently by invitation only though. Anyone have any information about what the qualifying criteria is?
I would love to know this as well.