121–130 of 141 posts
I'm currently implementing Stripe Terminal functionality for an iOS project using the BBPOS Chipper. Does this Stripe hardware do anything that the Chipper doesn't? Or are they simply moving away from generic looking 3rd party hardware?
Besides the look, Stripe Reader works a bit differently—it can be docked on a counter or mounted on iPad/iPhone.
How can I check the amount if there is no screen on the device?
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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,…
Any time you have to enter your PIN you are putting yourself at risk of someone seeing it. It could even be a fake PIN pad, so covering with your other hand won't help. If they can then steal the card from you, they can spend freely at merchants and withdraw cash at any ATM up to 2X your daily limit (once at 23:59, once at 00:01).
If they steal your card without a PIN, they can use it contactlessly only for small transactions up to the contactless limit, and only for a limited amount before the card will stop working (if you make too many contactless transactions in a row, the bank will refuse one and demand a PIN transaction). (At least in the UK), you are not liable for the contactless transactions made after your card was stolen.
How can I check the amount if there is no screen on the device?
It's designed to be integrated with a mobile app via our Terminal SDKs ( https://stripe.com/docs/terminal/sdk/ios ).
Is it just me or has Stripe come out with like 4 new products in the last month?
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That doesn't matter anymore, it seems. See: Disney portfolio
I don’t think they’ve ever made a $95 billion acquisition. Marvel, Lucasfilm, Pixar, each ~$4-7 billion. I believe Fox was their biggest acquisition by far, and it was decently close to Stripe, at $71 billion. But yeah, a $95 billion acquisition would be huge, and very rare.
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…
For reference: I use CC for my $dayJob and while it's far from as nice as Stripe in just about every way, it's easy enough to code against. Just be ok with having to build out more infrastructure and store more data on your end to get close to what Stripe provides. That said, I think I'm ok with that if it means not having to pay $0.30/transaction and the high %.
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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,…
What do you mean by using your PIN "feels more secure". It's more secure for the retailer, but it's less secure for you. Any time you have to enter your PIN you are putting yourself at risk of someone seeing it. It could even be a fake PIN pad, so covering with your other hand won't help. If they can then steal the card from you, they can spend freely at merchants and withdraw cash at any ATM up to 2X your daily limi…
These NFC terminals on the other hand, I have my doubts about many of them. Especially the ones that are basically glorified phones.
Stealing a PIN and a card would be a targeted attack (or an extremely lucky break). When that happens, depending on the bank, taking out money might even be dumbest course of action. Many banks have online services that can be accessed using a card reader (and the card, and the pin). Limits there tend to be much higher, and there won't be an ATM camera filming you.
Looks exactly like a Square reader [1]. I wouldn't be surprised if they're from the same OEM, just with different firmware. [1] https://squareup.com/au/en/hardware/reader
Came here to post this, but as a former Square employee I can tell you they designed the "puck" reader from scratch years ago and contracted directly with the manufacturers. Stripe clearly copied the industrial design but I'd imagine the internals are different. It will be interesting to see how Stripe fares with this - in person payments are a very different ball game than online. PayPal and Amazon have tried with w…
Not going to say that Stripe was uh... influenced by the design, but I do think that imitation is a nice form of flattery.