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MasterCard's Simplify Commerce

simplify.com

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Re: MasterCard's Simplify Commerce

#91

Post by rurounijones »

rudros wrote: post #65
joshrice wrote: post #50

Earlier quoted context omitted.

What was there? Just getting a 404...or is that your point?

Ahhh, they shut it down already. It was a page with links to login to their JBOSS admin pages and such. You needed passwords, of course, but still, not the sort of thing you want clients to randomly stumble across.

Bloody hell, that is an instant, trust destroying, security cock-up. You can set JBoss to bind to a separate IP address (i.e. one not publicly accessible etc.) for all management functions, it is a simple configuration change.

Re: MasterCard's Simplify Commerce

#93

Post by Volpe »

pc wrote: post #19
greghinch wrote: post #16

To play diplomat, I see a lot of Stripe loyalty / Mastercard hate already brewing here, and I think that's a bit unwarranted. Stripe has certainly earned their place as a cherished service, but I would venture to bet a lot of devs worked quite hard on Simplify as well, so it'd be nice to see discussion on the merits of the offering rather than preconceived notions of the provider. If nothing else, even if 0.05% isn't…

(I built the first version of Stripe and work here.) I think the unfortunate aspect of these clones is that they're lazy. I have huge respect for anyone that innovates in payments -- I know how hard it is, and I'd imagine it's even harder to do that as part of a larger company. What I find disappointing is when a product copies everything about Stripe -- everything from Stripe.js to the "live/test" switch to the "1/2…

Surely you (Stripe) must have known that providers would respond.

If people are saying "Feature X in stripe is awesome", it isn't lazy to copy, it's smart (That's what startups would do). They quickly catch up to your product and hopefully (for them) innovate further.

I get you'd be flustered/angry you have a worthy competitor (with way more resources than you), but companies don't have to be innovators to be competitors. You innovated, and got first mover advantage, now comes the competition.

Re: MasterCard's Simplify Commerce

#94

Post by thejosh »

lbarrow wrote: post #77
sideproject wrote: post #76

Earlier quoted context omitted.

With clones of Stripe poppin' up everywhere, I think the niche advantage would be to be able to scale the service to a number of other countries where this type of service is either expensive or unavailable (please come to Australia! - I know there is "pin", but we wouldn't mind a cheaper alternative without any monthly fees!)

Have you looked at Braintree? We're charging 2.4% and $0.30 in Australia, with no monthly fee.

Does it work similar to PIN/PayPal where you hold the money then deposit the money into a bank account or do you require a merchant account?

Re: MasterCard's Simplify Commerce

#97

Post by adventured »

markdown wrote: post #83
antr wrote: post #60

Earlier quoted context omitted.

The SV expectation/mentality that if someone builds something first they "own" that space is unjustifiable. I'm not say you are saying that, but it is an implicit attitude in the Valley. Competition (or "clones") were around 100 years ago, continue to exist today and will be around for the next 100 years. Today's innovation is tomorrow's commodity thanks to competition. This is good. Is it disappointing that MasterCa…

> People think that Ford Motor was one of the first (if not the only) car manufacturer in States in the early 1900s, but it was quite the contrary. The car was a revolutionary technology: it had a combustion engine, it was fast, etc. Over 100 car companies were launched in the early 1900s. There were over 1,800 automobile manufacturers in the United States from 1896 to 1930. Very few survived and only a few new ones…

A lot of the reason for the lack of very many new car companies for decades has been due to insider sponsored regulations meant to target upstarts and using political power to crush competitors (which of course has been tried on Tesla in a variety of ways).

Not suggesting you didn't know that, but it's still worthwhile to point out.

Re: MasterCard's Simplify Commerce

#98

Post by adventured »

pc wrote: post #26
breck wrote: post #24

Earlier quoted context omitted.

Two day payouts looks like a great innovation to me. :)

To Stripe's discredit, that's not a new idea :-). Don't worry; we'll fix this soon.

As others have noted, this is very important.

Could care less about 2.85% or other silly gimmicks.

Re: MasterCard's Simplify Commerce

#99

Post by RussianCow »

Volpe wrote: post #93
pc wrote: post #19

Earlier quoted context omitted.

(I built the first version of Stripe and work here.) I think the unfortunate aspect of these clones is that they're lazy. I have huge respect for anyone that innovates in payments -- I know how hard it is, and I'd imagine it's even harder to do that as part of a larger company. What I find disappointing is when a product copies everything about Stripe -- everything from Stripe.js to the "live/test" switch to the "1/2…

Surely you (Stripe) must have known that providers would respond. If people are saying "Feature X in stripe is awesome", it isn't lazy to copy, it's smart (That's what startups would do). They quickly catch up to your product and hopefully (for them) innovate further. I get you'd be flustered/angry you have a worthy competitor (with way more resources than you), but companies don't have to be innovators to be competi…

I don't think he's upset because Stripe has a new competitor. I think he's upset because MasterCard copied every little detail of Stripe, down to the wording and the little UI details. I would be upset, too, if a large company released a product that was a mirror image of mine.

Re: MasterCard's Simplify Commerce

#100

Post by chiph »

Looks like they don't handle recurring charges for you. So you'll have to be the one to hold onto the card number and jump through the PCI compliance hoops. Or go with a card vault service.
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