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Stripe and Apple Pay

stripe.com

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Re: Stripe and Apple Pay

#11

Post by rewind »

nextstep wrote: post #4

I'm not sure I understand Stripe's value proposition here. What is the benefit of using Stripe's library over using ApplePay (PassKit) directly? (Honest question)

If you're using Stripe as your payment processor and using Apple Pay through Stripe (just like choosing a different credit card), then you're still only using one payment processor. All your transfers, transaction data, accounting, etc. is just done through Stripe. You don't care that the customer actually used Apple Pay.

Re: Stripe and Apple Pay

#14

Post by zaidf »

nextstep wrote: post #4

I'm not sure I understand Stripe's value proposition here. What is the benefit of using Stripe's library over using ApplePay (PassKit) directly? (Honest question)

Apple does not provide the merchant account. Apple Pay serves as the middle party between the merchant account provider(Stripe) and the user with Pay's role being to maintain cards on file and relay it securely to the merchant account providers.

Re: Stripe and Apple Pay

#16

Post by MBCook »

nlh wrote: post #9

I presume from what I've read/seen, ApplePay will be app-only (i.e. iOS) for launch. But I've got to imagine they (as in, Apple and Stripe) will integrate with web-based payment forms as step 2. Or, should I say, "I hope"...

I doubt it. For one thing they'd lose the ability to ensure you're who you say you are with TouchID, etc.

Re: Stripe and Apple Pay

#17

Post by yahelc »

MBCook wrote: post #16
nlh wrote: post #9

I presume from what I've read/seen, ApplePay will be app-only (i.e. iOS) for launch. But I've got to imagine they (as in, Apple and Stripe) will integrate with web-based payment forms as step 2. Or, should I say, "I hope"...

I doubt it. For one thing they'd lose the ability to ensure you're who you say you are with TouchID, etc.

Presumably, if they wanted to do a web version, they could introduce Safari-only JavaScript APIs for verifying TouchID.

Re: Stripe and Apple Pay

#19

Post by eddieroger »

jefftchan wrote: post #15

Can we now use Stripe + Apple Pay to circumvent 30% revenue cut?

They're for completely different things. The 30% is for in-app only, but there is administrative costs with providing those resources (plus, Apple is a for-profit). This is for physical good.

Re: Stripe and Apple Pay

#20

Post by Igglyboo »

nextstep wrote: post #4

I'm not sure I understand Stripe's value proposition here. What is the benefit of using Stripe's library over using ApplePay (PassKit) directly? (Honest question)

Apple Pay doesn't actually deal with banks or credit card processors. It's just the frontend for the actual physical payment(card swipe or nfc).
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