Stripe Issuing – An API for creating physical and virtual cards • Hacker News Board

Re: Stripe Issuing – An API for creating physical and virtual cards

#161

Post by germainelol » Fri, Jul 27, 2018, 2:08 AM UTC

ryandrake wrote: post #85

lachyg wrote: post #68

Earlier quoted context omitted.

(I work on Stripe Issuing.) We've been primarily focused to date on companies where issuing cards is core to providing their business to customers, for example a startup that provides expensing customers, or a platform that needs to purchase goods in the real world. We're less focused on a business just using it for their own expensing (as we don't have receipt upload functionality, etc). To your two other questions…

As a credit card customer it would be nice to be able to generate one or more temporary cards (physical or not), which are authorized for one transaction only, but are otherwise identical to my main card. That way I can use it with a merchant I simply don’t trust to have their act together, then safely toss it in the trash.

As others have said, try out Revolut. I believe it's only part of the premium package which sucks, but they offer throwaway cards for this purpose.

Re: Stripe Issuing – An API for creating physical and virtual cards

#162

Post by Fellshard » Fri, Jul 27, 2018, 2:13 AM UTC

Sytten wrote: post #86

I wonder if this would be a good replacement for GPS for new digital banks. I would love to say goodbye to their unstable service and SOAP API.

As someone who's been integrating with a major card provider's virtual card SOAP API, this. This looks like magic in comparison, shaving off pounds of SOAP bloat.

Re: Stripe Issuing – An API for creating physical and virtual cards

#163

Post by foota » Fri, Jul 27, 2018, 2:25 AM UTC

lachyg wrote: post #68

TheTaytay wrote: post #54

This is really impressive, like the rest of the Stripe API! Although many people here are asking about creating virtual banks and issuing cards to customers, it appears that the intended audience of this API is a business that has a Stripe account, that wants to be able to issue cards to employees/trusted officials that charge against that single Stripe account. There is no mention of issuing cards to external custom…

(I work on Stripe Issuing.) We've been primarily focused to date on companies where issuing cards is core to providing their business to customers, for example a startup that provides expensing customers, or a platform that needs to purchase goods in the real world. We're less focused on a business just using it for their own expensing (as we don't have receipt upload functionality, etc). To your two other questions…

That's amazing. I could imagine a personal web app where you set some sort of a personal spending limit and have to pre-approve transactions over that limit.

Re: Stripe Issuing – An API for creating physical and virtual cards

#164

Post by toomuchtodo » Fri, Jul 27, 2018, 2:39 AM UTC

felix_nagaand wrote: post #148

fragmede wrote: post #137

Earlier quoted context omitted.

GetFinal was acquired by Goldman Sachs which may or may not fit your definition for "folded".

Probably to shelve the idea.

Proven teams from unprofitable ventures are frequently acquired to work on other business ventures with higher likelihood of success.

Re: Stripe Issuing – An API for creating physical and virtual cards

#165

Post by toomuchtodo » Fri, Jul 27, 2018, 2:41 AM UTC

mehrdadn wrote: post #145

ceejayoz wrote: post #141

Earlier quoted context omitted.

Capital One does, as well. Unfortunately, it requires a browser extension, which I'm not a big fan of.

Ah, yes, the UI (Flash-based in the cases I mentioned!) is definitely clunky, so it's not surprising Capital One's is similar. They also tend to hide the feature a little bit for some reason; it's not prominently displayed. But otherwise it's there and nevertheless usable if you can find it. If you need it on literally a daily basis, though, it might not be smooth enough to be comfortable.

Could you MITM the extension to reverse engineer the API calls it makes and write a command line tool to perform the required functions?

I have a friend at CapOne, I’ll ask tomorrow.

Re: Stripe Issuing – An API for creating physical and virtual cards

#166

Post by homero » Fri, Jul 27, 2018, 2:44 AM UTC

subsubsub wrote: post #156

ryandrake wrote: post #85

Earlier quoted context omitted.

As a credit card customer it would be nice to be able to generate one or more temporary cards (physical or not), which are authorized for one transaction only, but are otherwise identical to my main card. That way I can use it with a merchant I simply don’t trust to have their act together, then safely toss it in the trash.

As a previous commenter mentioned Revolut do this. However I would suggest a temporary card that only lasts for 2 transactions. - the authorization charge (e.g. $1 on amazon.com) [1] - the actual amount of the purchase Too many times I have been caught out by the authorization charge, only to have the actual purchase fail. [1] https://aws.amazon.com/premiumsupport/knowledge-center/aws-a...

I use privacy.com which is awesome

Re: Stripe Issuing – An API for creating physical and virtual cards

#167

Post by homero » Fri, Jul 27, 2018, 2:49 AM UTC

lachyg wrote: post #68

TheTaytay wrote: post #54

This is really impressive, like the rest of the Stripe API! Although many people here are asking about creating virtual banks and issuing cards to customers, it appears that the intended audience of this API is a business that has a Stripe account, that wants to be able to issue cards to employees/trusted officials that charge against that single Stripe account. There is no mention of issuing cards to external custom…

(I work on Stripe Issuing.) We've been primarily focused to date on companies where issuing cards is core to providing their business to customers, for example a startup that provides expensing customers, or a platform that needs to purchase goods in the real world. We're less focused on a business just using it for their own expensing (as we don't have receipt upload functionality, etc). To your two other questions…

How do you fund a stripe account without taking payments as a merchant at stripe

Re: Stripe Issuing – An API for creating physical and virtual cards

#168

Post by bound008 » Fri, Jul 27, 2018, 2:51 AM UTC

ryandrake wrote: post #85

lachyg wrote: post #68

Earlier quoted context omitted.

(I work on Stripe Issuing.) We've been primarily focused to date on companies where issuing cards is core to providing their business to customers, for example a startup that provides expensing customers, or a platform that needs to purchase goods in the real world. We're less focused on a business just using it for their own expensing (as we don't have receipt upload functionality, etc). To your two other questions…

As a credit card customer it would be nice to be able to generate one or more temporary cards (physical or not), which are authorized for one transaction only, but are otherwise identical to my main card. That way I can use it with a merchant I simply don’t trust to have their act together, then safely toss it in the trash.

Check out Capital One. They have the ability to have multiple virtual cards that you can turn on or off.

https://www.capitalone.com/applications/eno/virtualnumbers/

Re: Stripe Issuing – An API for creating physical and virtual cards

#169

Post by notoriousjpg » Fri, Jul 27, 2018, 3:13 AM UTC

lachyg wrote: post #38

colinsidoti wrote: post #31

Very cool. Any chance Stripe lifts some restrictions on prohibited businesses soon? Virtual cards can be particularly useful in travel, but that use case on Stripe has long been considered prohibited: https://stripe.com/us/prohibited-businesses Also, any chance for custom prints on the cards?

Absolutely happy to talk about travel use cases -- we are supporting it today. We also (only) support custom designs.

Wow interesting company being kept in the high risk businesses section. Travel is lumped in with hate groups, wonder why

Re: Stripe Issuing – An API for creating physical and virtual cards

#170

Post by tropshop » Fri, Jul 27, 2018, 3:40 AM UTC

TheTaytay wrote: post #54

This is really impressive, like the rest of the Stripe API! Although many people here are asking about creating virtual banks and issuing cards to customers, it appears that the intended audience of this API is a business that has a Stripe account, that wants to be able to issue cards to employees/trusted officials that charge against that single Stripe account. There is no mention of issuing cards to external custom…

I've been a mint user and YNAB customer with all bank accounts linked, but neither turned out to capture me. I've had some interesting ideas and conversations about budgeting and influencing purchase habits, so I looked into getting access to a real-time transaction log.

I started on your same path, email alerts per bank, but then found it was possible to jump up a level to the payment network using Visa Purchase Alerts. I signed up the alerts to an automated inbox that parses the content for the transaction name, location, amount, and last4. It's working with the first four credit cards I have tried, and I receive the notice generally within seconds.

This works out well for a product targeting U.S. credit card debt. Hopefully MasterCard will follow suit, which is then potentially 100% market coverage, if you can convince a user to signup with an email address of your service.