Live data from Hacker News

Stripe live dashboard

bfcm.stripe.dev

111–120 of 233 posts

Re: Stripe live dashboard

#111
post #34
post #20

Earlier quoted context omitted.

There's a lot of online fraud. We invest a ton in Radar, our payment surfaces, etc., to keep this as invisible as possible to businesses. (We don't always succeed, of course. But, despite the growing sophistication of the fraudsters themselves, we do generally get better every year.)

Out of curiosity do you share the suspected fraud with law enforcement? At that amount there are probably too many to chase down so I’d think this is just an unprosecuted crime?

Generally the bank will file a Suspicious Activity Report (SAR) with FINCEN for egregious cases. I don’t think intermediaries like stripe have any direct responsibility in this respect but I could be wrong. The volumes are huge and few SARs actually are investigated or prosecuted.

Re: Stripe live dashboard

#112

Earlier quoted context omitted.

Doesn’t matter if it’s for fun. The function here is to show information so in that regard the design failed because it makes you go through hoops irrelevant to the goal

with respect, I disagree that the function here is to show information. the (primary) function here is to advertise Stripe, and they obviously believe the aesthetic will increase the chance that viewers of the advert with share it with their friends and coworkers, increasing the effectiveness if the advert. if this was a page they provided to all their customers, all year round, as their means of monitoring their own…

People are already talking about how this design crashes their browsers so even the function of advertising isn’t being fulfilled.

Also you clicked the link because of the clickbaity title and the info it suggested it contains, not because of the design.

Re: Stripe live dashboard

#113
post #97

Earlier quoted context omitted.

Uhhh… how exactly were these transactions supposed to even take place without the banking system? I have no interest in bartering or sending ounces of gold around. And don’t say crypto - last time I tried to figure it out, I ended up sending ETH, and more than half of it evaporated in “gas money”. What a joke.

I have a similar reaction. If you want to go all the way into the consumer value matrix - Has anyone on HN ever had much a 2nd thought about whether or not their card would 'just work' out in the world? I used to work in the actual room where acquirer links were monitored in real time 24/7/365. At least 8 people were in that room at any given time. I've never worked in nuclear power but I imagine you could draw some…

The history of payments and banking is amazing.

It’s always been a hard problem to solve, and the bankers who solved it always got paid handsomely for enabling commerce.

In the old days everyone bartered. Then came shells. Then precious metals. The gold had to be literally shipped around. Everyone from the Roman to the British empire had to physically ship chests of gold to it’s soldiers. Cross border commerce was absolutely fraught with risk. Piracy and shipwrecks galore.

Then the Rothschilds opened the first international bank, dramatically cutting the difficulty and expense of international trade.

We got cheques, paper money, and the credit card control room you worked in.

At every step, it got faster, cheaper, safer, more ephemeral. Trade increased dramatically. It’s amazing! The much-maligned banking sector is really a triumph of capitalism.

Re: Stripe live dashboard

#114
post #100

I'm not sure how believable are those numbers. Businesses having their best day ever on stripe being exactly 9001 (It's over 9000!) for quite some time now seems rather suspicious.

This metric (Businesses having their best day ever on Stripe) updates ~hourly, the rest are in near real-time. We'll update the tooltip to explain.

Re: Stripe live dashboard

#115

Earlier quoted context omitted.

It does look cool, but I do find the 'Carbon removed' ticker slightly misleading. In what way does this reflect carbon removed? Surely carbon added to the atmosphere is broadly proportional to the total value of sales.

If I'm not mistaken then this refers to transactions done using Shop Pay which will "remove carbon from the air". https://shop.app/carbon-removal

Sadly those are almost certainly greenwashing bullshit. John Oliver did a piece on that. Also there was this guardian review that didn't find a single satisfactory project among 50.

https://www.theguardian.com/environment/2023/sep/19/do-carbo...

Re: Stripe live dashboard

#116
post #100

I'm not sure how believable are those numbers. Businesses having their best day ever on stripe being exactly 9001 (It's over 9000!) for quite some time now seems rather suspicious.

Not every company would have their all-time highest sales on this year's Black Friday....

Re: Stripe live dashboard

#117

Earlier quoted context omitted.

You have to subtract interchange fees from that.

To be fair, GP did say "revenue", not "profit".

Probably not actually treated as revenue. Those charges get netted out before they’re reported as revenue (interchange is a “contra” revenue line)

Re: Stripe live dashboard

#118
post #115

Earlier quoted context omitted.

If I'm not mistaken then this refers to transactions done using Shop Pay which will "remove carbon from the air". https://shop.app/carbon-removal

Sadly those are almost certainly greenwashing bullshit. John Oliver did a piece on that. Also there was this guardian review that didn't find a single satisfactory project among 50. https://www.theguardian.com/environment/2023/sep/19/do-carbo...

Shopify lists their partners on the page and it seems legit enough, not just "Thanks for the $10, I won't remove this tree on the side of this mountain now".

Re: Stripe live dashboard

#119
post #103

Earlier quoted context omitted.

Next time you buy food, remember that's traditional farming system taking money out of your pocket. Seriously, if the whole crypto scene taught us anything, it was that a global transaction network isn't an easy service to provide.

Well i learned a different lesson. It's now extremely easy to set up a global transaction network, or you can choose from one of the thousands of existing ones. Maybe you mean the regulatory aspect, not the technical?

> It's now extremely easy to set up a global transaction network,

Yup. Wake me up when any of them actually does the amount of transactions Stripe and Shopify [1] do. Real transactions.

> Maybe you mean the regulatory aspect, not the technical?

"Both. Both is good".gif

[1] Their dashboard discussion is here: https://news.ycombinator.com/item?id=38403891, the dashboard itself is https://bfcm.shopify.com

Re: Stripe live dashboard

#120
post #100

I'm not sure how believable are those numbers. Businesses having their best day ever on stripe being exactly 9001 (It's over 9000!) for quite some time now seems rather suspicious.

Not every company would have their all-time highest sales on this year's Black Friday....

Companies who use Stripe for payments would very much skew towards that. They have a great representation of up-and-coming specialty internet retailers. And the year-over-year numbers are unencumbered this year after being dragged down by pandemic and recession effects in the last few. Plus inflation pushes up the raw numbers.
Post reply on HN