Should’ve just forced everyone into Stripe Connect
Flurly has been shut down by Stripe
21–30 of 69 posts
Re: Flurly has been shut down by Stripe
#22Earlier quoted context omitted.
What exactly do you think the alternative is? If you want to accept payments online, you need to do so through a credit card processor. There is no "self-hosted" alternative.
> What exactly do you think the alternative is? crypto? I was able to send the USDC stablecoin to a business accepting crypto with Coinbase Commerce just fine and transaction was very quick. I can see that even Stripe is getting involved in crypto as well.
So your solution for not using a third-party is to use a different third party?
Re: Flurly has been shut down by Stripe
#23It seems a little unfair to blame Stripe here. Per their communication, the site has been assessed as selling illegal merchandise and is subject to a $425k fine by the payment card issuers, despite Stripe's efforts to dispute the issue on behalf of their client. It's not clear to me whether this is the first that Flurly has heard about the issue or represents the last stage of an ongoing story, which Flurly's users w…
If the linked post is truthful, the issue here is the absolute opacity of the process and the fact that this "assessment" by the credit card network (I notice you used the passive voice "been assessed" - why?) seems very questionable. I would certainly not trust stripe to effectively "dispute the issue on behalf of their client", based on experiences some of my friends have had with stripe. More likely, stripe just f…
It's in stripe's best interest to fight the fine. Why would you think they would prefer to pay the networks and collect the fine from a merchant?
Re: Flurly has been shut down by Stripe
#24It seems a little unfair to blame Stripe here. Per their communication, the site has been assessed as selling illegal merchandise and is subject to a $425k fine by the payment card issuers, despite Stripe's efforts to dispute the issue on behalf of their client. It's not clear to me whether this is the first that Flurly has heard about the issue or represents the last stage of an ongoing story, which Flurly's users w…
If the linked post is truthful, the issue here is the absolute opacity of the process and the fact that this "assessment" by the credit card network (I notice you used the passive voice "been assessed" - why?) seems very questionable. I would certainly not trust stripe to effectively "dispute the issue on behalf of their client", based on experiences some of my friends have had with stripe. More likely, stripe just f…
The opacity is by design. Fraudsters will use every bit of available information to make their businesses appear legit.
Having worked at Stripe (though not in risk), I'd wager that Stripe did not "fold instantly" for a 425k fine. It's unfortunate, but the OP is the one who made a costly mistake when they grandfathered existing accounts into a setup they knew had liabilities.
Re: Flurly has been shut down by Stripe
#25It seems a little unfair to blame Stripe here. Per their communication, the site has been assessed as selling illegal merchandise and is subject to a $425k fine by the payment card issuers, despite Stripe's efforts to dispute the issue on behalf of their client. It's not clear to me whether this is the first that Flurly has heard about the issue or represents the last stage of an ongoing story, which Flurly's users w…
Is Flurly literally a front end for users to sell whatever products they want via stripe? Lol
Re: Flurly has been shut down by Stripe
#26It seems a little unfair to blame Stripe here. Per their communication, the site has been assessed as selling illegal merchandise and is subject to a $425k fine by the payment card issuers, despite Stripe's efforts to dispute the issue on behalf of their client. It's not clear to me whether this is the first that Flurly has heard about the issue or represents the last stage of an ongoing story, which Flurly's users w…
I was pleasantly surprised at both of the emails they posted from Stripe. They seem to be more informational than similar situations in the past.
It's still a crap situation for Flurly and their customers, but if newsawp wasn't scammy or breaching credit card issuers' terms, then blame lies with whichever credit card company forced Stripe to take action, and if newsawp was behaving badly, then blame lies with Flurly for not doing a better job of vetting their merchants.
Re: Flurly has been shut down by Stripe
#27It seems a little unfair to blame Stripe here. Per their communication, the site has been assessed as selling illegal merchandise and is subject to a $425k fine by the payment card issuers, despite Stripe's efforts to dispute the issue on behalf of their client. It's not clear to me whether this is the first that Flurly has heard about the issue or represents the last stage of an ongoing story, which Flurly's users w…
Yeah, it sounds like Flurly was shut down by Visa/Mastercard, not Stripe.
Re: Flurly has been shut down by Stripe
#28Earlier quoted context omitted.
> What exactly do you think the alternative is? crypto? I was able to send the USDC stablecoin to a business accepting crypto with Coinbase Commerce just fine and transaction was very quick. I can see that even Stripe is getting involved in crypto as well.
So your solution for not using a third-party is to use a different third party?
What is wrong with accepting USDC?
Anyone can accept it, individuals, and even third parties.
Re: Flurly has been shut down by Stripe
#29It is so weird to see multiple typos in form emails sent to Stripe customers. https://flurly.com/images/stripe-email-1.png Seriously, does anyone proof read this stuff?
Do you mean s/Stripe/stripe/g?
Re: Flurly has been shut down by Stripe
#30Stripe strikes back and shuts down yet another startup. Let this be a lesson to all about why you should not rely on one payment gateway. Stripe is certainly not your friend and never has been and this should be a wake up call to use more than one gateway. This won't be the last and no-one should be surprised to see Stripe do this. As usual, we now wait for Stripe support to respond here on Hacker News.
Or, you know, don’t sell illegal merchandise in a very public and traceable way?