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Facebook Is Partnering With Stripe to Power “Buy” Button

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Re: Facebook Is Partnering With Stripe to Power “Buy” Button

#5
post #4

If anyone from Stripe is watching the thread: any chance of this supporting subscriptions?

Good question; lemme check...

"If [founder and CEO of multi-billion dollar startup] from Stripe is watching the thread . . ."

Re: Facebook Is Partnering With Stripe to Power “Buy” Button

#7
post #5
post #4

Earlier quoted context omitted.

Good question; lemme check...

"If [founder and CEO of multi-billion dollar startup] from Stripe is watching the thread . . ."

Stripe is so popular with developers because they are laser-focused on providing an excellent experience for the developers. This includes personally responding to every single HN post about Stripe I've ever seen.

Re: Facebook Is Partnering With Stripe to Power “Buy” Button

#8
post #5

Earlier quoted context omitted.

"If [founder and CEO of multi-billion dollar startup] from Stripe is watching the thread . . ."

Stripe is so popular with developers because they are laser-focused on providing an excellent experience for the developers. This includes personally responding to every single HN post about Stripe I've ever seen.

It truly is mind-boggling there aren't more companies doing that. Having even one employee dedicated to answering questions for an hour when a thread pops up in a remotely popular place is so beneficial:

- It is directly helpful to users and casts a good light on your company

- It makes the company look more human and composed of actual people, rather than automatons (think Google)

- It provides a way to clear up potential PR disasters, misunderstandings etc when the eventual user comes up with whatever conspiracy theory is en vogue that day (there's always one)

Re: Facebook Is Partnering With Stripe to Power “Buy” Button

#9

I wonder what this means for Soldsie, the service that allows users to buy within the comments section. Seems like the best UX should ultimately win and that puts Facebook at a big advantage.

Unfortunately that's always a risk when you develop for FB or any platform. If it is bad for users (like most of the Zynga notifications were) or something they want to pursue themselves (like birthday gifting), then bad luck. You get the advantage of their distribution at the cost of platform risk.

Re: Facebook Is Partnering With Stripe to Power “Buy” Button

#10
Perfect timing? I just wrote a post on why Stripe is becoming the transaction layer of the internet.

http://blog.thinkful.com/post/98406708378/why-stripe-is-beco...

Some highlights:

- Agility in adopting new technologies

Whether it’s Bitcoin, Stellar, or 139 other currencies, Stripe is able to rapidly roll out developer kits and support for new forms of payment and protocols. To give context around this speed, the company announced support for Stellar, a decentralized protocol for sending and receiving money in any pair of currencies, just hours after its announcement. While this was obviously behind a curtain, it speaks volumes about Stripe being regarded as the first choice for these types of adoptions.

- Landing key deals

Within the span of 4 months, Stripe announced partnerships with Alipay, Twitter, Apple, and most recently Facebook. For a company of 160 employees, and just under five years in age, these are huge wins to add to their gallery.

- Developer support and evangelism

The company extensively blogs, holds office hours and maintains an active IRC channel to help companies integrate with their services. For a startup looking to gain market share, this is crucial. However, the real challenge lies in their ability to sustain this level of support as the company grows. Another area still largely untapped by Stripe is hackathons. By having mentors on-site and getting their client libraries in the hands of as many budding developers as possible, they can solidify their name as the go-to tool for online payments.

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