Earlier quoted context omitted.
Such as?
U.S. availability only?
Zing, however Stripe is in 4 countries now.
MasterCard's Simplify Commerce
121–130 of 133 posts
Re: MasterCard's Simplify Commerce
#1222.85% fees? Such a rip-off.... Braintree is much better/cheaper and offers so much more.
Re: MasterCard's Simplify Commerce
#123Earlier quoted context omitted.
Have you looked at Braintree? We're charging 2.4% and $0.30 in Australia, with no monthly fee.
Does it work similar to PIN/PayPal where you hold the money then deposit the money into a bank account or do you require a merchant account?
We work with you to get you set up with a merchant account. Unfortunately, the application process isn't instant yet like it is in the US.
Re: MasterCard's Simplify Commerce
#124Earlier quoted context omitted.
(I built the first version of Stripe and work here.) I think the unfortunate aspect of these clones is that they're lazy. I have huge respect for anyone that innovates in payments -- I know how hard it is, and I'd imagine it's even harder to do that as part of a larger company. What I find disappointing is when a product copies everything about Stripe -- everything from Stripe.js to the "live/test" switch to the "1/2…
The SV expectation/mentality that if someone builds something first they "own" that space is unjustifiable. I'm not say you are saying that, but it is an implicit attitude in the Valley. Competition (or "clones") were around 100 years ago, continue to exist today and will be around for the next 100 years. Today's innovation is tomorrow's commodity thanks to competition. This is good. Is it disappointing that MasterCa…
Yep, I agree with almost all of your comment -- especially around the expectation of owning a space and how that's a totally wrong-headed idea.
My disappointment with MasterCard isn't at all that they're entering the space (hey, that should be good for the world). It just feels lame that they gratuitously copied every single minute detail, far beyond what you'd have to copy to build "a MasterCard version of Stripe". They even copied our code sample gists.
But I definitely didn't mean to imply more than that -- some idea that MasterCard shouldn't compete with us, or even that they shouldn't compete with a functionally similar product. On that front, I'm totally cool with it, and may the best product win :-).
Re: MasterCard's Simplify Commerce
#125Their website design looks like a hardware store site design.
Re: MasterCard's Simplify Commerce
#126Earlier quoted context omitted.
(I built the first version of Stripe and work here.) I think the unfortunate aspect of these clones is that they're lazy. I have huge respect for anyone that innovates in payments -- I know how hard it is, and I'd imagine it's even harder to do that as part of a larger company. What I find disappointing is when a product copies everything about Stripe -- everything from Stripe.js to the "live/test" switch to the "1/2…
> ...but I don't think it's particularly worthy of support from other engineers and makers. Simplify might be a Stripe clone, but if it's just as reliable, cheaper and allows me to get my hands on my money faster, why shouldn't I consider it? I'm an engineer/"maker" but that doesn't mean that I select commodity services based on emotion or ideology. After all, saving money and getting my money faster supports my abil…
I was probably too incendiary in my phrasing, and I agree with what you say. If Simplify solves your problems better than Stripe does, you should use it (and good job to them for doing so). It's our job, of course, to have that not be the case.
The point I was trying to make was fairly narrowly scoped: needlessly copying even tiny details of Stripe is pretty uninspired.
(P.S. Any chance you could drop me an email? I'm patrick@stripe.com.)
Re: MasterCard's Simplify Commerce
#127Re: MasterCard's Simplify Commerce
#128Earlier quoted context omitted.
> ...but I don't think it's particularly worthy of support from other engineers and makers. Simplify might be a Stripe clone, but if it's just as reliable, cheaper and allows me to get my hands on my money faster, why shouldn't I consider it? I'm an engineer/"maker" but that doesn't mean that I select commodity services based on emotion or ideology. After all, saving money and getting my money faster supports my abil…
I was probably too incendiary in my phrasing, and I agree with what you say. If Simplify solves your problems better than Stripe does, you should use it (and good job to them for doing so). It's our job, of course, to have that not be the case. The point I was trying to make was fairly narrowly scoped: needlessly copying even tiny details of Stripe is pretty uninspired. (P.S. Any chance you could drop me an email? I'…
> needlessly copying even tiny details of Stripe is pretty uninspired.
I disagree. Copying tiny details is a very smart strategy for non critical parts of your product. Do not try to reinvent the wheel...and the axle and the airbag, all at once.
Designers should focus on what's unique and different about their offering, and leverage from the community the other parts. I'm sure Stripe put a lot of design time into those API details. Simplify is bringing new features to the market (faster payouts and lower prices), and so their time and money is better spent on those than trying to also reinvent API design. And it's better then to just copy verbatim than to put up the first thing that comes to mind.
I could otherwise argue that Stripe's use of JSON and HTML is pretty uninspired because Braintree was doing it years before.
Re: MasterCard's Simplify Commerce
#129Earlier quoted context omitted.
Stripe's terms of use prohibit both weapons and virtual currencies. If Simplify's terms of service prohibit either, I can't find the relevant paragraph. That alone makes Simplify somewhat more attractive.
"a. Illegal Activities b. Certain Adult Oriented Products and Services c. Illegal Drugs d. Counterfeit Goods e. Gambling Businesses f. Money Making ("Get Rich") Businesses g. Tobacco Products" Source: https://www.simplify.com/commerce/docs/misc/legal/merchant-t... Much, much less restrictive than Stripe, and cheaper to boot. Now adult websites can switch to this instead of CCBill (which I find more sketchy.)
They updated there terms of service. Adult is strictly not allowed... as are many of the same lines of industry that are forbidden on Stripe and other payment processors.
Source:https://simplify.desk.com/customer/portal/articles/1173592-h...