Payments Startup Balanced (YC W11) Is Processing $370M a Year
1–10 of 43 posts
Re: Payments Startup Balanced (YC W11) Is Processing $370M a Year
#2As an example of openness working at Balanced, I was fielding a question from a customer on IRC yesterday[1] about our support for JCB and Diner's Club cards: we support them, but balanced.js said we didn't. While I was talking with some other engineers about this, they just fixed the bug themselves! [2] We both win: we didn't have to drop everything and write the code, and our customer got their fix even faster.
Or when I saw that /r/dogecoin was trying to get Reddit Gifts (a customer of ours) to support Dogecoin. Since we do all feature discussion on GitHub, I was able to get them involved[3]. That one.... wasn't as productive as the bugfix. :)
1: https://botbot.me/freenode/balanced/msg/9808050/
2: https://github.com/balanced/balanced-js/pull/68
3: http://www.reddit.com/r/dogecoin/comments/1t3obk/petition_fo...
Re: Payments Startup Balanced (YC W11) Is Processing $370M a Year
#3The guys at Balanced are doing a great job. I'm using their service for a product I've built to manage gyms [1] and it is working great. This is cool b/c that wasn't the original intention of how their product would be used (i.e. not a marketplace) but it supports our use case well. Also, the ACH API is one of the BIG differentiators of their product when compared to something like Stripe (which is also very cool, but lacks the processing ACH API).
Re: Payments Startup Balanced (YC W11) Is Processing $370M a Year
#4The guys at Balanced are doing a great job. I'm using their service for a product I've built to manage gyms [1] and it is working great. This is cool b/c that wasn't the original intention of how their product would be used (i.e. not a marketplace) but it supports our use case well. Also, the ACH API is one of the BIG differentiators of their product when compared to something like Stripe (which is also very cool, bu…
I might be lying, but I think stripe recently enabled ACH support?
Re: Payments Startup Balanced (YC W11) Is Processing $370M a Year
#5The guys at Balanced are doing a great job. I'm using their service for a product I've built to manage gyms [1] and it is working great. This is cool b/c that wasn't the original intention of how their product would be used (i.e. not a marketplace) but it supports our use case well. Also, the ACH API is one of the BIG differentiators of their product when compared to something like Stripe (which is also very cool, bu…
I might be lying, but I think stripe recently enabled ACH support? EDIT: https://stripe.com/blog/send-payouts-with-stripe
I believe harrisreynolds was talking about ACH debits: https://www.balancedpayments.com/ach-debits
Re: Payments Startup Balanced (YC W11) Is Processing $370M a Year
#6Earlier quoted context omitted.
I might be lying, but I think stripe recently enabled ACH support? EDIT: https://stripe.com/blog/send-payouts-with-stripe
I believe harrisreynolds was talking about ACH debits: https://www.balancedpayments.com/ach-debits
Correct. Stripe can do ACH payouts (credits) but cannot pull money from a bank account for a payment (ACH debit).
Re: Payments Startup Balanced (YC W11) Is Processing $370M a Year
#7do they have plans for International support ?
Re: Payments Startup Balanced (YC W11) Is Processing $370M a Year
#8Balanced is a great service. We use them at Wefunder and are very happy with their product and customer support. They're worth checking out, especially if you want to do ACH.
Re: Payments Startup Balanced (YC W11) Is Processing $370M a Year
#9do they have plans for International support ?
We do! We haven't committed to a timeline, but you can track progress at these two links:
* https://github.com/balanced/balanced-api/issues/23
* https://github.com/balanced/balanced-api/issues/294
Also, we can accept credit card _payments_ from anywhere in the world. It's paying money out that's the hard part.
Re: Payments Startup Balanced (YC W11) Is Processing $370M a Year
#10do they have plans for International support ?
https://support.balancedpayments.com/hc/en-us/articles/20013...
+1 for not encouraging +1 to GitHub issues.