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TIFU by using Stripe as a payment processor for my small business

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Re: TIFU by using Stripe as a payment processor for my small business

#81

Post by polux33 »

anonymoushn wrote: post #47
sofixa wrote: post #31

Earlier quoted context omitted.

Nobody is saying there's no use case for cryptocurrencies. However they absolutely suck in the main use case - payments. There are no chargebacks/protections against scams, the UX is atrocious or relies on an unregulated and unprotected third party. It's slow, it costs money to spend money. And it's also destroying the planet with useless electricity consumption when there's an energy crisis and climate change with r…

Hmm, seems like this guy wouldn't get his $3,000 stolen if he got paid SPL USDC. The transaction would also cost less energy than it did through Stripe.

Easiest bet to win. It's always the same arguments : fud or concepts from 2010s

The ecosystem has vastly improved since

Re: TIFU by using Stripe as a payment processor for my small business

#82

Post by informalo »

leoff wrote: post #20
vemv wrote: post #11

If it was, say, a $30000 charge I could give Stripe the benefit of doubt, but $3300 is a pretty ordinary amount for any retailer. Could be e.g. a laptop sale, or three phones? When I see Stripe's apology here it will not be enough for me - not at least without a detailed blog post / postmortem. Until/if that moment happens, I'll regard Stripe as an untrustworthy entity and will recommend doing the same to do anyone I…

> When I see Stripe's apology here it will not be enough for me I'm actually just starting a business using Stripe for handling payments, and this makes me very concerned. Is there an alternative service one could use? Is there a way not to give these shady companies power to steal all my money?

https://sumup.com

Re: TIFU by using Stripe as a payment processor for my small business

#85

Post by enlyth »

xyzzy_plugh wrote: post #72
lma21 wrote: post #33

Yet another story of Stripe holding big sums (yes 3k can be huge for small businesses) with no proper support structure. Consumers must rely on social networks to get some form of reaction.A $74 billion company has no proper support structure. Just wow.

I'm sympathetic that 3k can be huge for small businesses, but if you can't tolerate a loss of 3k, isn't your business practically doomed?

Maybe your business is not your primary source of income?

Re: TIFU by using Stripe as a payment processor for my small business

#86

Post by thirdvect0r »

groffee wrote: post #75
vxxzy wrote: post #50

Earlier quoted context omitted.

Check out PastePay. Great service and a human touch! https://www.pastepay.com

On Firefox page is just going into an infinite loop.

Happening on FF, Chrome and Edge for me

Re: TIFU by using Stripe as a payment processor for my small business

#87

Post by xyzzy_plugh »

navanchauhan wrote: post #58
xyzzy_plugh wrote: post #52

Earlier quoted context omitted.

As opposed to IRC? Slack? Discord has excellent moderation tools, is economical and relatively user friendly (compared to IRC). If you desire a public space for your community to engage with you in real time, I'm not aware of a better alternative.

What about good ol' forums? Indexable by search engines and proper moderation tools that have stood the test of time.

Like a GitHub issue tracker? The concept of forums is not lost on me, but I think the point of a chat service solves different problems.

Re: TIFU by using Stripe as a payment processor for my small business

#88

Post by nfreising »

xyzzy_plugh wrote: post #67

This isn't surprising to me, and I don't think less of Stripe for doing this. It appears everybody is jumping to conclusions. Saying Stripe is "stealing" is laughable. There is a tremendous amount of fraud abound. Payment service providers like Stripe sit in between businesses and credit card companies, who proxy banks, who proxy customers. Banks are pretty solid, as are credit card companies, so the transitive natur…

I don't think Stripe holding money is the problem here. The problem to me seems that there is no support to be reached at Stripe to dispute their decision or get a human to answer. I agree that OP's business doesn't seem that healthy if $3000 are such a big problem, however that doesn't make Stripe's non-existing support any better.

Re: TIFU by using Stripe as a payment processor for my small business

#89

Post by norswap »

xyzzy_plugh wrote: post #67

This isn't surprising to me, and I don't think less of Stripe for doing this. It appears everybody is jumping to conclusions. Saying Stripe is "stealing" is laughable. There is a tremendous amount of fraud abound. Payment service providers like Stripe sit in between businesses and credit card companies, who proxy banks, who proxy customers. Banks are pretty solid, as are credit card companies, so the transitive natur…

Why do you assume they're holding the money for legimitate reasons? I count as much more likely they're just fucking up and have no idea or don't care enough.

Plenty of example of this, event amongst top tech companies: see the clusterfuck that is youtube copyright claims for instance.

Every time there are automated flaggings, there are fuckups. We can accept it if there's an efficient way to challenge, but that's not happening. Stripe/Google doesn't care and/or it would hurt the bottom line too much.

Also if credit cards company are much better at this, I don't see why Stripe gets a free pass for sucking.

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