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Stripe Is the New PayPal

news.ycombinator.com

131–140 of 329 posts

Re: Stripe Is the New PayPal

#132
post #18

[deleted]

You're being downvoted because you initially came across like a shill for servicenow. Now you're additionally being downvoted because you're whining about being downvoted.

Re: Stripe Is the New PayPal

#134
post #101

All of these payments services are going to die within 5 years anyway. Before people get all pissy and down vote this assertion let me you remind you that a massive(and growing) portion of the world has become completely disillusioned with the global fiat currency system(or perhaps just enlightened as to how it works?), regardless, its days are numbered. I am not however entirely convinced that cryptocurrencies, name…

Hacker News: where some people legitimately believe that the entire world will abandon the current credit/monetary system, because reasons (or alternatively, "just because" - you know, to see 'how it works', because an entirely new monetary system is like testing on some FiveFinger shoes to be spontaneous). Also, Bitcoin is totally an invention by the Fed to ween people off fiat, despite the fact the Bitcoin network…

I'm disconnected from reality? So how do you view the global monetary system working 10 years from now? Will the world be using U.S. petro-dollars? Can the fed print off another hundred TRILLION and avoid hyper-inflation. Like it is all well and good to say I have my head up my ass but can you give me some of these answers?

Re: Stripe Is the New PayPal

#135
post #101

All of these payments services are going to die within 5 years anyway. Before people get all pissy and down vote this assertion let me you remind you that a massive(and growing) portion of the world has become completely disillusioned with the global fiat currency system(or perhaps just enlightened as to how it works?), regardless, its days are numbered. I am not however entirely convinced that cryptocurrencies, name…

Hacker News: where some people legitimately believe that the entire world will abandon the current credit/monetary system, because reasons (or alternatively, "just because" - you know, to see 'how it works', because an entirely new monetary system is like testing on some FiveFinger shoes to be spontaneous). Also, Bitcoin is totally an invention by the Fed to ween people off fiat, despite the fact the Bitcoin network…

[deleted]

Re: Stripe Is the New PayPal

#136

Earlier quoted context omitted.

With all due respect, take a quick look through the replies, there are a lot of "I experienced this too" comments. If you go further and search HN you'll see that this tends to be a common problem with Stripe support. I think that this type of post is fine for HN. It's a YCombinator backed company, with the founders and most of the team commonly browsing the site and people here are usually able to point you in the r…

It's a YCombinator backed company, with the founders and most of the team commonly browsing the site and people here are usually able to point you in the right direction. That's understandable.. but this isn't a support forum, and people would stop visiting if it became one.

In most circumstances that'd be fine, but as the OP states, he's tried getting in touch with them. This is essentially the last resort.

Re: Stripe Is the New PayPal

#137
post #47

Earlier quoted context omitted.

> Last year I was testing Stripe integration. I tried using my own credit card with a fake name. This sounds like a great way to get your account shut down. They provide test/mock APIs for a reason.

I'm willing to wager that a huge number of Credit Card transactions are submitted with names that don't match the credit card. In 10+ years and hundreds (thousands?) of transactions, I've never submitted a credit card transaction that matched the name on my card (which has my full name, and I just use my first and last name in the fields) - I've never been rejected.

It's the "using my own credit card" that sounds like a great way to get your account shut down, not using it with a fake name. Charging your own cards is something payment processors don't like for a number of reasons, like the fact that it can be used to perpetrate all kinds of frauds: giving yourself cash advances the card issuer hasn't approved, gaming credit card reward programs, skewing your volume and reversal metrics the processor uses to evaluate your account risk, etc.

Re: Stripe Is the New PayPal

#138
post #92
post #77

Earlier quoted context omitted.

Did you break their rules? Their terms say that they can cancel your agreement, but only with a 2 months notice: > We can terminate this agreement for any reason on two months’ notice and immediately in certain circumstances Source: https://stripe.com/gb/terms

>certain circumstances (such as where you breach this Agreement) It concerns me, as this still gives them full power to terminate the agreement immediately anytime they want. They never define what "certain circumstances" are, rather, they just provide one example. EDIT: I would just like to say that I was mistaken. See the reply to my comment. That said, the US terms differ in an important way.

I wonder if they could be sued for that. IANAL but afaik US contract law states that vagueness in contracts always benefits the party who did not write the contract. The vagueness may be used to your advantage to indicate that they didn't give you the two months you expected.

Re: Stripe Is the New PayPal

#139
post #122
post #108

Earlier quoted context omitted.

This holds about as much water as a colander. Show me a survey show this supposed massive disillusionment with fiat currency.

Umm what about entire countries...Iceland...Greece.

How are you twisting debt crises into a pitch for Bitcoin, the most centralized, 100% traceable and accountable crypto-currency on the net?

Re: Stripe Is the New PayPal

#140
post #122
post #108

Earlier quoted context omitted.

This holds about as much water as a colander. Show me a survey show this supposed massive disillusionment with fiat currency.

Umm what about entire countries...Iceland...Greece.

In both Iceland and Greece you saw a massive loss of trust with the existing government (both since replaced democratically)- that has nothing to do with peoples faith in their currency, as you've not seen a real call in either place to go back to a specie backed currency.

In Greece there have been calls to go back to the Drachma - but this doesn't mean a lack of faith in fiat currency, the greeks seem to more want out of the EU currency union then anything else.

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