101–110 of 133 posts
Looks like they don't handle recurring charges for you. So you'll have to be the one to hold onto the card number and jump through the PCI compliance hoops. Or go with a card vault service.
Earlier quoted context omitted.
Such as?
The live/test switch is a good example. It confuses everyone: you're just switching between the data that's shown, but everyone thinks you're switching the underlying state of your account. It's something we've had on our list to fix for a long time.
I find this to be a really interesting business decision for MasterCard. MasterCard cannot offer this service directly on their information systems because of there own rules and the antitrust consent decree. So what have they done? They've built a wrapper around Priority Payments Services, an independent sales organization of Wells Fargo. (For reference, Stripe is also an ISO of Wells Fargo Merchant Services). Which…
Mastercard can see almost exactly how much Stripe is growing, I don't think they needed to be very perceptive in "seeing value in selling directly to merchant developers".
To my immediate recollection ISO 8583 (the standard set out for credit card transactions) doesn't have much info on independent sales organizations (a different ISO acronym). This is all to say that the transactions are through a merchant account set up by Stripe for each particular merchant at Wells Fargo Merchant Services, then through First Data and only then hit MasterCard. Again, I'm not certain, but I'm not sure its a question they can easily answer from their data.
(blahblahblah, usd, ponzie scheme, cbx halting transfers, grandmothers)
Jesus, this looks kind of like a desperate in-house hackathon product pushed live before the execs could kill it. (Props to the development team! You still need better docs though. :( )
This seems a bit cynical. Either Mastercard is changing their organization around from the top, or there happened to be a rogue product team that managed to fight their way through the bureaucracy to launch something cool. Either way, props to em.
So what's the consensus on this? I'm looking to integrate either Stripe or Simplify... which service do I go with?
Earlier quoted context omitted.
(I also work on Stripe's API and dashboard.) I actually find it more interesting that quite a few of the obviously copied bits aren't even really worthy of copying if you're already going through the effort of building an entirely new product -- they're pieces of our product that could stand to be improved. :)
Such as?
Something that caught my eye: the name "Simplify" is pretty close to "Simple", the online bank service. Different products entirely, I realize—but heck, Simple’s twitter handle is even @simplify.