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Stripe Reader

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101–110 of 141 posts

Re: Stripe Reader

#101
post #7

Earlier quoted context omitted.

I came to the comments solely to see if anyone found secret codes. Edit: Found the key sequence handling code addToKeySequence(t) { if (this.keySequence.push(t), this.insertCardScreen.createShowDotsAnimation(this.keySequence.length).play(), this.keySequence.length

For those not in the know, 4242 is used as a common test card number. https://stripe.com/docs/testing#cards

I believe it comes from Hitchhiker's Guide to the Galaxy

Re: Stripe Reader

#102
Totally see the rationale for annexing this profit pool (offline / card-present transactions)....but this doesn't feel to me like it is aligned with "increasing the GDP of the internet" -- unless I am missing something. And I'd love to be missing something, because thinking about Stripe and their strategy is very fun.

Re: Stripe Reader

#103
post #95

Earlier quoted context omitted.

The last time I had to swipe a card in Belgium was in the 1990s. That was swipe-and-pin. At no point in my life have I ever had to sign a manual signature for a payment. Lately contactless payments (with and without pin) have been gaining in popularity. Most payment terminals now support them. I'm sure there's a market for Stripe Reader in the US, but I can't imagine there being one over here. Unless they're a lot ch…

I signed on a LCD screen just a week ago in Germany for a card payment in Germany. It is surprising common here. However, contactless payments are gaining popularity very fast here. Actually contactless in general in Germany is rising very rapidly. I think this is due to hygiene fears.

At Bauhaus? They always want me to sign.

Re: Stripe Reader

#104

Earlier quoted context omitted.

For those not in the know, 4242 is used as a common test card number. https://stripe.com/docs/testing#cards

I believe it comes from Hitchhiker's Guide to the Galaxy

Not entirely sure on the actual origins of this specific number but I think a crucial piece is that it passes the Luhn algorithm check [0] that is used to validate card numbers (and in generation of them to make single digit errors not result in another valid card number). 42 itself also passes the test but card numbers usually come in blocks of 4 digits so 4242 probably seems more card-like.

As to where the 42 from the Guide came from, I would recommend consulting The Hunting of the Snark.

[0] https://en.m.wikipedia.org/wiki/Luhn_algorithm

Re: Stripe Reader

#106

Totally see the rationale for annexing this profit pool (offline / card-present transactions)....but this doesn't feel to me like it is aligned with "increasing the GDP of the internet" -- unless I am missing something. And I'd love to be missing something, because thinking about Stripe and their strategy is very fun.

The best online merchants these days are about successfully mixing online and offline experiences. The term of art here, if you want to Google it, is 'omnichannel': the idea that their experience with the merchant should seamlessly span all the channels (online storefront, brick and mortar storefront, support channels, etc.). One major use case for Stripe Reader would be as a payment solution for omnichannel merchants.

Omnichannel commerce is a product of the Internet, and specifically an Internet that's capable of supporting commerce, because a business could not operate this way without it. Seen through that lens, Stripe is "increasing the GDP of the Internet" here.

Though, I admit, this is starting to stretch the limits of how much you can consider "the Internet" being a separate place.

Re: Stripe Reader

#107
post #24

Stripe makes none of the hardware that is currently available (the BBPOS Chipper™ 2X BT or Verifone P400). Not sure which processing platform they are riding atop of these days (perhaps Tsys?) but we maintain a separate First Data account and CardConnect integration since Stripe's support for certain BINs of business cards is lacking. Said banks expect a breakdown of what was taxable to be sent along with the transac…

(I work at Stripe.) Keep in mind that Stripe Terminal has upfront pricing: there are no additional software, PCI compliance, or monthly fees (or even equipment lease payments!). When factoring in these additional fees that many legacy players charge on top of the payment processing, Terminal oftentimes has more favorable pricing (along with working alongside your existing online Stripe transactions). If you want fund…

Could you speak more to the part about PCI compliance? My experience has been that you can provide an AOC for provided services but it doesn't make someone's PCI obligations go away entirely. Even a PCI recognized point to point encrypted solution doesn't completely remove all PCI-DSS obligations. Maybe for folks that do a SAQ it would largely make issues go away but a larger entity doing a full ROC/AOC I would imagine would still have a fair amount of work to go through. Do you also happen to work as a merchant acquirer in such a way that you can remove further PCI burden?

Re: Stripe Reader

#108
post #95

Earlier quoted context omitted.

The last time I had to swipe a card in Belgium was in the 1990s. That was swipe-and-pin. At no point in my life have I ever had to sign a manual signature for a payment. Lately contactless payments (with and without pin) have been gaining in popularity. Most payment terminals now support them. I'm sure there's a market for Stripe Reader in the US, but I can't imagine there being one over here. Unless they're a lot ch…

I signed on a LCD screen just a week ago in Germany for a card payment in Germany. It is surprising common here. However, contactless payments are gaining popularity very fast here. Actually contactless in general in Germany is rising very rapidly. I think this is due to hygiene fears.

I agree that the pandemic has been a big driver of contactless payments. I dislike them myself. NFC terminals get confused as hell if there are multiple contactless cards nearby (there are 6 in my wallet, none of which I use..). Inserting a card in the terminal and entering my pin is only a few seconds slower and it feels more secure.

We used to have a chip-without-pin payment scheme for small amounts, called Proton, but it never really caught on and got scrapped a few years back.

Re: Stripe Reader

#110

Earlier quoted context omitted.

I signed on a LCD screen just a week ago in Germany for a card payment in Germany. It is surprising common here. However, contactless payments are gaining popularity very fast here. Actually contactless in general in Germany is rising very rapidly. I think this is due to hygiene fears.

At Bauhaus? They always want me to sign.

No, it was at a petrol station. I think it was Esso.
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