Live data from Hacker News

Stripe: instant payment processing for developers

stripe.com

101–110 of 369 posts

Re: Stripe: instant payment processing for developers

#101
post #11
post #8

US only at the moment. Anyone know if they have plans for the UK? I would dearly love to say goodbye to PayPal forever.

We're definitely working on expanding to other countries. There's no definite timeline just yet, but it's one of our top priorities.

Australia. ;)

Re: Stripe: instant payment processing for developers

#103

I think that aside from the lack of support for marketplace, like https://www.wepay.com/developer/usecases/marketplace Stripe is awesome. Any plans to add marketplace support in the near term? Also are you guys PCI compliant yet?

We're certified as PCI Level 1 Compliant (the highest level). You can definitely build a market place on top of Stripe. We don't, at the moment, have an easy way for you to take money and then pay it out to other people, but if you're able to handle that step on your own then Stripe can be a great way to collect payments for your marketplace.

Re: Stripe: instant payment processing for developers

#104
US only. Well, I kind of knew it before even hitting FAQ.

A bit of a rant here, but it's crazily difficult to do so many interesting things when you don't live in top-20 country (Lithuania here)

Stripe? Nope.

BrainTree? Nope.

Recurly? Nope.

Something else... Likely, Nope.

And so, the only way to get paid is to deal with some of the most expensive and oldest gateways and merchant accounts.

Oh, and:

Hulu? Nope.

iTunes? Nope, but we do have App Store.

Netflix? Nope.

Spotify? Nope.

Pandora, Rdio, ... Nope.

...Amazon? Mostly nope.

And so, the only way to buy or stream media is to buy CDs and DVDs for crazy prices.

Sigh. Rant is over.

Stripe, I know that may take years, but please, don't forget the little guys.

Re: Stripe: instant payment processing for developers

#105

US only. Well, I kind of knew it before even hitting FAQ. A bit of a rant here, but it's crazily difficult to do so many interesting things when you don't live in top-20 country (Lithuania here) Stripe? Nope. BrainTree? Nope. Recurly? Nope. Something else... Likely, Nope. And so, the only way to get paid is to deal with some of the most expensive and oldest gateways and merchant accounts. Oh, and: Hulu? Nope. iTunes?…

We totally get it. We're working on expanding to other countries right now, it's one of our top priorities.

Re: Stripe: instant payment processing for developers

#106
post #21

"You don't need a merchant account or gateway." That's a killer feature right there. I've been considering using Braintree for a project, but seeing this is really making me reconsider.

Yeah, I was referred to Braintree when I was building http://limelightapp.com/ and I really liked them. However, using them required getting a merchant account, and getting a merchant account required getting a business license, and getting a business license cost $60 and a few hours going on a trip to City Hall and the Court House. Once I had that, Braintree still had to take a couple days to get the underwriting ap…

Definitely agree. Braintree is by far the best of a very, very bad lot of merchant account providers. Try getting an account with Authorize.net...I nearly killed myself when I tried that. Braintree was a breath of fresh air after I went the 'traditional' way.

But, even then...as you said, I still had to jump through tons of hoops and even though they were very, very helpful and super attentive - they even bent over backwards for me by going to multiple underwriting banks to increase the likelihood that my business would be underwritten. When one of the banks rejected my application, their decision to go to multiple ones definitely seemed prescient.

But even then, the entire process still took at least a week - with LOTS of paperwork back and forth being printed out, scanned, emailed, etc.

Little did I know...I didn't NEED a merchant account. I just want to accept credit cards securely and not be gauged by the fees.

Stripe does both perfectly...the fees are pretty competitive - no monthly and no merchant account headache.

Avoid it if you can, at all costs, and just go straight to Stripe.

Re: Stripe: instant payment processing for developers

#107
post #5

Stripe pretty much takes payment processing kicking and screaming into 2011. Merchant accounts are a serious drag. I've opened a few and they've been nothing but headaches (especially if you're young—nobody trusts you.) Couple that with getting a gateway account, dealing with credit checks, monthly fees, monthly minimums, slow people in the payments industry, PCI compliance... Stripe takes payments and put them behin…

When I set mine up I didn't have any of the problems you describe. I had a business checking account with my local bank, and got set up with usaepay. Now, of course there is verification of who you are and what kind of business you run, but it was hardly a "hassle". I was only 26 and had no previous business "history" or anything like that, heck I'm set up as a sole proprietor. I don't have a monthly statement fee, no minimums. I pay a very low rate... so low that I'm dumb founded by half the rates I see ADVERTISED as low.

Anyway, just thought I'd offer a good experience to the mix.

Re: Stripe: instant payment processing for developers

#109
post #96
post #90

Earlier quoted context omitted.

Do you do recurring billing? It's not clear with a quick view of the documentation. Or do you expect that individuals are provided sufficient information to build their own (easy?) recurring systems? If you do, we'll look at moving immediately. We'd not only be saving money but your API doesn't confuse the hell out of my like what we're currently using.

You got it. We don't handle the recurring stuff for you, but we give you back a token that lets you bill your customer cards on a recurring basis. We have other customers who are doing this on their own.

Thanks, that's probably fine as we'd get better control over integration.
Post reply on HN