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Payments Startup Stripe (YC S10) Joins the Billion Dollar Club

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Re: Payments Startup Stripe (YC S10) Joins the Billion Dollar Club

#51
post #46

Earlier quoted context omitted.

As a fellow Chilean citizen I can just say: what?! Is it Transbank? Redcompra?

Transbank indeed. As it stands today. it takes 2-3 months to get Webpay Plus (Transbank's payment gateway) implemented on the website.

Thanks for the answer!

Also, I just looked your profile and I can just say good luck with what you're doing!

Re: Payments Startup Stripe (YC S10) Joins the Billion Dollar Club

#52

I am a developer interested in integrating a payment system into one of my sites where my target customers are mainly in the US. Could someone outline the major differences between Stripe and Balanced?

All depends on the country your bank account is in. As an Australian company selling to the US, we've kinda been left in the lurch with their AU beta. When it was launched we were told they were working on being able to accept/convert USD into AU accounts, so at the time we (incredibly naively) started building our subscription code around their API, assuming it'd be ready by the time we were. Almost 6 months later a…

You should check out https://pin.net.au/ – it's an Australian competitor to Stripe. You can accept payments in USD and Pin will settle in USD to an Australian account (this is exactly what we do at FastMail). We've been using them exclusively for the last few months and are pretty happy, other than the lack of Amex support, which they're still working on.

Re: Payments Startup Stripe (YC S10) Joins the Billion Dollar Club

#53
post #44
post #31

Earlier quoted context omitted.

Agreed. On the way!

Awesome :) One big issue (with actual effect on revenue of your users) you guys could solve better would be handling delinquent/expiring cards better . We had to built some things in house to deal with this on our end, as once you have a non trivial amount of paying customers it can become at least a small pain. I know there are webhooks for failed payments etc but this stuff is really difficult to surface in the web…

Eduardo from Stripe here - sending you an email now; I think we can help!

Re: Payments Startup Stripe (YC S10) Joins the Billion Dollar Club

#54
Stripe is amazing - I can't believe it took until 2011 for something like them to exist. It really blows my mind - one of those "seems obvious, but only after you've seen it" things.

Here's to y'all figuring out more than just CC payments in the future, and making them just as awesome.

Re: Payments Startup Stripe (YC S10) Joins the Billion Dollar Club

#55
post #5

Stripe cofounder here. As this news breaks, I want to say thanks to the HN community. Stripe is in large part the result of the feedback and advice we've received here since we launched on HN back in Sept 2011 -- https://news.ycombinator.com/item?id=3053883 .

Seeing this comment makes me realise how much of a crazy technical risk I made choosing to use Stripe when I did. My company started charging for things in April 2012, but I made the decision to use Stripe months before that, something like January 2012. Only 4 months after you launched! We only did 1500 transactions on our launch day, yet at the time it was enough to break your service for a little while due to load…

Thanks for taking the risk :-).

Re: Payments Startup Stripe (YC S10) Joins the Billion Dollar Club

#56
This is both amazing and scary. The amazing part is obvious.

The scary part is we now have companies that are worth a billion dollars that are unlisted and have no public scrutiny. Either a billion is not a very large number to the American people today, or we believe that public scrutiny is unnecessary for large companies today. I don't think at all that Stripe is one of them, but wouldn't a billion dollar company be a powerful entity that could invest to subvert the public interest?

Re: Payments Startup Stripe (YC S10) Joins the Billion Dollar Club

#57
post #17
post #14

Earlier quoted context omitted.

Is he joining the Board of Directors (via Khosla Ventures' investment this round)? Or in some other capacity?

No, he isn't joining the board.

Huh. Can you comment on what he's doing then?

Re: Payments Startup Stripe (YC S10) Joins the Billion Dollar Club

#58
post #5

Stripe cofounder here. As this news breaks, I want to say thanks to the HN community. Stripe is in large part the result of the feedback and advice we've received here since we launched on HN back in Sept 2011 -- https://news.ycombinator.com/item?id=3053883 .

Patrick, big fan here - we also met in person once, in the Mission. Congrats on the milestone, and keep up the good work.

Re: Payments Startup Stripe (YC S10) Joins the Billion Dollar Club

#59
post #45
post #40

Earlier quoted context omitted.

Sure, glad to give feedback, though this would make sense if you're familiar with using stripe. Our team is of course not one of Stripe's larger users, though we do use them enough to fall under one of the volume discounts. Here's a few things that I can think of from the top of my head: When selecting a user to change the plan, the modal takes about 3-4 seconds to populate the new plan dropdown. The new plan dropdow…

This is great feedback -- thanks very much!

Happy to swing by your office sometime when you're hosting one of those hackathons (we're a few blocks away ourselves) :)

Re: Payments Startup Stripe (YC S10) Joins the Billion Dollar Club

#60
post #5

Stripe cofounder here. As this news breaks, I want to say thanks to the HN community. Stripe is in large part the result of the feedback and advice we've received here since we launched on HN back in Sept 2011 -- https://news.ycombinator.com/item?id=3053883 .

Patrick, big fan here - we also met in person once, in the Mission. Congrats on the milestone, and keep up the good work.

At Blue Bottle, right? (Thanks!)
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