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Working with the Stripe Payouts API

blog.chriswinn.com

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Re: Working with the Stripe Payouts API

#21

Post by icelancer »

sjtgraham wrote: post #20
icelancer wrote: post #16

Earlier quoted context omitted.

Third party plugins is not even close. Shopping carts overwhelmingly support Stripe and not Balanced. EDIT: Not sure who downvoted you; it was a fair question. I countered it with an upvote.

Thanks. Shopping cart integration is first mover advantage. Stripe was the first to market with a product that dissolved two huge problems with accepting payments online: merchant underwriting and PCI-DSS compliance. Because of this it's unsurprising that i.) shopping carts rushed to integrate with them, and ii.) there is as much community good will toward Stripe as there is. You could reach out to Balanced about API…

>You could reach out to Balanced about API wrappers libs, I'm sure they would love someone to write language idiomatic libraries for them. It might be a nice contract gig.

I have, they suggested I open a ticket, and I did many months ago. No movement since.

I am not good enough to write a wrapper and frankly time/money preference dictates I spend it elsewhere, in any case.

Re: Working with the Stripe Payouts API

#22

Post by icelancer »

pc wrote: post #9
icelancer wrote: post #8

Earlier quoted context omitted.

I've said this before, but each payment provider out there has benefits the others don't, which is a little annoying. For example, Balanced is inferior in almost all regards to Stripe except in one major area: Payment speed. Stripe offers 7-day rolling payouts (shorter for larger merchants), but Balanced offers next day payments and same day for Wells Fargo customers! Square offers same-day payouts and the best in-pe…

> For example, Balanced is inferior in almost all regards to Stripe except in one major area: Payment speed. We'll fix this.

pc, nothing would make me happier. I cannot stress strongly enough how good your service is. That is literally the only thing I care about with regards to sustainment/upgrading of your service. (Not to say I haven't enjoyed the other things you've done, of course.)

Re: Working with the Stripe Payouts API

#23

Post by mehdim »

tomschlick wrote: post #3

> Their core product, enabling developers to charge credit cards, wasn’t the first to the market. It is, instead, the best. This is what I love about stripe. It may seem to an outsider like HN is full of Stripe fanboys but to someone who has worked with 10-20 other payment gateways its a godsend. Documentation that is simple, a reliable api, webhooks that work and a fantastic team behind it make stripe so much better…

Stripe team will give a talk about it Saturday in SF, on Building APIs for Developers, with design best practices explanations http://sf.apidays.io

Re: Working with the Stripe Payouts API

#24

Post by voltagex_ »

icelancer wrote: post #21
sjtgraham wrote: post #20

Earlier quoted context omitted.

Thanks. Shopping cart integration is first mover advantage. Stripe was the first to market with a product that dissolved two huge problems with accepting payments online: merchant underwriting and PCI-DSS compliance. Because of this it's unsurprising that i.) shopping carts rushed to integrate with them, and ii.) there is as much community good will toward Stripe as there is. You could reach out to Balanced about API…

>You could reach out to Balanced about API wrappers libs, I'm sure they would love someone to write language idiomatic libraries for them. It might be a nice contract gig. I have, they suggested I open a ticket, and I did many months ago. No movement since. I am not good enough to write a wrapper and frankly time/money preference dictates I spend it elsewhere, in any case.

I'd probably send them another note. They've been pretty good working with GitTip.

Re: Working with the Stripe Payouts API

#25

Post by hayksaakian »

hayksaakian wrote: post #2

This is pretty neat. I wonder what the economics of this system will look like though. (100$ - Stripe fee to accept money) - Stripe fee to give money == ???

@brackishlake your account appears shadow/banned and your comment shows up as dead to most users. I wouldn't know why, but that's how it seems to me.

Re: Working with the Stripe Payouts API

#26

Post by Kickmr »

pc wrote: post #9
icelancer wrote: post #8

Earlier quoted context omitted.

I've said this before, but each payment provider out there has benefits the others don't, which is a little annoying. For example, Balanced is inferior in almost all regards to Stripe except in one major area: Payment speed. Stripe offers 7-day rolling payouts (shorter for larger merchants), but Balanced offers next day payments and same day for Wells Fargo customers! Square offers same-day payouts and the best in-pe…

> For example, Balanced is inferior in almost all regards to Stripe except in one major area: Payment speed. We'll fix this.

We use balanced for reddit and I'm wondering if stripe works similarly such that from one incoming payment you can pay multiple bank accounts?

Re: Working with the Stripe Payouts API

#27

Post by pc »

Kickmr wrote: post #26
pc wrote: post #9

Earlier quoted context omitted.

> For example, Balanced is inferior in almost all regards to Stripe except in one major area: Payment speed. We'll fix this.

We use balanced for reddit and I'm wondering if stripe works similarly such that from one incoming payment you can pay multiple bank accounts?

Yup. See https://stripe.com/blog/send-payouts-with-stripe for more details.

Re: Working with the Stripe Payouts API

#28

Post by [deleted] »

Kickmr wrote: post #26
pc wrote: post #9

Earlier quoted context omitted.

> For example, Balanced is inferior in almost all regards to Stripe except in one major area: Payment speed. We'll fix this.

We use balanced for reddit and I'm wondering if stripe works similarly such that from one incoming payment you can pay multiple bank accounts?

[deleted]

Re: Working with the Stripe Payouts API

#29

Post by Kickmr »

pc wrote: post #27
Kickmr wrote: post #26

Earlier quoted context omitted.

We use balanced for reddit and I'm wondering if stripe works similarly such that from one incoming payment you can pay multiple bank accounts?

Yup. See https://stripe.com/blog/send-payouts-with-stripe for more details.

Thanks. Not sure I see any reason to switch but its interesting.

Re: Working with the Stripe Payouts API

#30

Post by Kickmr »

2pasc wrote: post #17
pc wrote: post #9

Earlier quoted context omitted.

> For example, Balanced is inferior in almost all regards to Stripe except in one major area: Payment speed. We'll fix this.

That's great as this is one of the main reason we are using Balanced today for our soon to-be-launched marketplace.

We use it for the reddit marketplace and have loved it (balanced).
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