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Stripe: instant payment processing for developers

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Re: Stripe: instant payment processing for developers

#51

Post by pitdesi »

46Bit wrote: post #42
pitdesi wrote: post #31

EDIT: removed so as to not hijack another announcement. Was not the intention, just wanted to offer something people thought was useful.

As regards merchant accounts - what country & typical size/age of business do you tend to work with? Appreciate you've not posted anonymously so might not want to go into things much.

US/Canada, startups and non-startups. 2/3rds of our businesses are online (mostly startups), 1/3rd brick and mortar. I don't have a better breakdown than that at my fingertips.

Average size of our customer is fairly large, skewed by several large customers. We have a lot of startup customers. The ones that are a challenge to get underwritten are typically marketplace businesses of some kind (you sell something, a third party gets paid for it and you take your cut). We have a bunch of them as customers but some are a challenge to get underwritten (fraud reasons/banks are stupid about it).

We are totally upfront and transparent and never post anonymously btw. Our business name is actually Transparent Financial Services!

Re: Stripe: instant payment processing for developers

#53

Post by mikey_p »

physcab wrote: post #6

Stripe is a game changer. I've been using it for a few months and honestly its the best API I've ever used. The documentation is clear and concise. Its customized to your account so you can literally copy and paste and see the result. Just like it says, it gets out of your way. I was up and running and accepting recurring payments in less than an hour or so. I actually began to think of larger "swing for the fence" t…

Not only that but their docs include sample responses. I'm amazed at how many folks document their APIs but leave out this simple step. It can be a huge help when shopping around between providers, both just to see the quality of their docs, but also to see if their API does what I need. Since I usually have some pseudo code in my head already, being able to see sample responses and see how they fit with my code or schema, etc can make the difference between your API product and a competitor.

Re: Stripe: instant payment processing for developers

#54

Post by boucher »

psadauskas wrote: post #48

Their signup process threw me for a loop. You just click into the dashboard, then fill in a name and password later. It looks like just visiting the front page gives you an account, because the sample code is already using some generated API tokens. I've considered doing something similar for my own side project, but went with the more standard sign up because I was worried it would be confusing (as it was to me, for…

Yeah, it does sometimes confuse people. This is something we're considering about changing (the flow worked differently when we were invite only), but we thought it was worth experimenting with a little longer.

Mostly, I think it depends on the type of app you have. For something like 280 Slides (a previous project I worked on), it makes a lot of sense to get started right away without having to sign up. We'll see how things go for Stripe.

Re: Stripe: instant payment processing for developers

#55

Post by seiji »

boucher wrote: post #32
adriand wrote: post #18

This looks really, really nice. Support for Canada would be wonderful and pretty much essential for me to be able to use it. The other thing I'm wondering about is ACH payments - will Stripe handle those; if not, is it planned? Also, would Stripe be suitable for a card-holder present situation, e.g. if you wanted to use it for web-based point of sale software?

We don't handle direct transfers between two ACH accounts yet, but it's something we're thinking about and planning for down the road. As for point of sale applications, Stripe isn't really optimized for that. Have you checked out Square?

ACH payout to multiple endpoints would be killer (think App Store type 70% payouts to users).

On another note, your markup is doing some strange things:

;var MrchComponent = Component.extend({});var MrchComponent = Component.extend({});var MrchComponent = Component.extend({});var MrchComponent = Component.extend({});var MrchComponent = Component.extend({});var MrchComponent = Component.extend({});var MrchComponent = Component.extend({});var MrchComponent = Component.extend({});var MrchComponent = Component.extend({});var MrchComponent = Component.extend({});var MrchComponent = Component.extend({});var MrchComponent = Component.extend({});var MrchComponent = Component.extend({});var MrchComponent = Component.extend({});var MrchComponent = Component.extend({});var MrchComponent = Component.extend({});;var SideboxComponent = Component.extend({});var SideboxComponent = Component.extend({});var SideboxComponent = Component.extend({});var SideboxComponent = Component.extend({});var SideboxComponent = Component.extend({});var SideboxComponent = Component.extend({});var SideboxComponent = Component.extend({});var SideboxComponent = Component.extend({});var SideboxComponent = Component.extend({});var SideboxComponent = Component.extend({});var SideboxComponent = Component.extend({});;var RecentPaymentsComponent = Component.extend({});var RecentPaymentsComponent = Component.extend({});var RecentPaymentsComponent = Component.extend({});var RecentPaymentsComponent = Component.extend({});var RecentPaymentsComponent = Component.extend({});var RecentPaymentsComponent = Component.extend({});

Re: Stripe: instant payment processing for developers

#57

Post by anurag »

ww520 wrote: post #33

Interesting. Is there an end-to-end demo from the user's perspective? Do the users know they are storing the CC info on Stripe? Or they think my site handles everything and is responsible for everything (privacy, etc)?

We are completely transparent to your users - it's a conscious design choice. You can always choose to tell them about Stripe and link to our security page if it makes sense. https://stripe.com/security

Re: Stripe: instant payment processing for developers

#58

Post by [deleted] »

city41 wrote: post #50

If a Stripe employee is reading this, tiny suggestion: I just shared the URL to stripe on both Facebook and G+. On G+, the nice little blueprint icon showed up as the thumbnail. But on Facebook, no icon at all making the post far less noticable in people's feeds. Just a tiny thing that will help the spreading of the word.

[deleted]

Re: Stripe: instant payment processing for developers

#60

Post by saikat »

whichdan wrote: post #46

I'm comparing payment processing options for a very straightforward SaaS app. I was heavily leaning toward Braintree, but Stripe and Samurai seem easier/cheaper. Is there a strong reason to go with Braintree? I'm not sure if having my own merchant account makes a big difference. The pricing for 1,000 monthly users looks (roughly) like: (edit: I did the % based on $9/transaction) Stripe: $329/mo @ $3,948/yr Samurai: $…

We work directly with Wells Fargo on our backend to make sure you end up with all the normal benefits of a merchant account (the money will be held in your name, you will be able to put whatever you want on your customers' credit card statements, etc.). We just want to abstract the whole process here -- basically, putting you on the account or accounts that makes the most amount of sense so you can start processing immediately and then continue processing at high volume.
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