EBay to Ditch PayPal for Dutch Payment Processor Adyen • Hacker News Board

Re: EBay to Ditch PayPal for Dutch Payment Processor Adyen

#201

Post by clintonb » Sat, Feb 03, 2018, 4:03 PM UTC

socceroos wrote: post #145

reacharavindh wrote: post #116

Earlier quoted context omitted.

This. I wish there was a fundamentally different way of handling payments. Something like a one time hash you give the vendor that serves like a digital check(cheque). This way, if they lose the hash they lost their money instead of the customer's. Handing a merchant credit card details "feels" like handing them a blank Check and trusting them to not take more than they should because of the risk of them losing the d…

There is payment systems being standardised in browsers at the moment.

https://www.w3.org/TR/payment-request/

Google Pay follows this standard. Apple Pay has a similar, but Safari-specific, API.

Re: EBay to Ditch PayPal for Dutch Payment Processor Adyen

#202

Post by clintonb » Sat, Feb 03, 2018, 4:07 PM UTC

MaxBarraclough wrote: post #144

reacharavindh wrote: post #116

Earlier quoted context omitted.

This. I wish there was a fundamentally different way of handling payments. Something like a one time hash you give the vendor that serves like a digital check(cheque). This way, if they lose the hash they lost their money instead of the customer's. Handing a merchant credit card details "feels" like handing them a blank Check and trusting them to not take more than they should because of the risk of them losing the d…

> I wish there was a fundamentally different way of handling payments Seconded. At the risk of simply rephrasing everything you just said: It's a pity the banks and credit card companies just refuse to innovate. When I buy something from an online vendor, they should never get my full card details. PayPal ameliorates things (you can generally trust PayPal), but really there should be no need for PayPal. The banks/cre…

Many online payment processors have integrations that don't require card information to reach the merchant's server. For example, if you use Stripe[0], the merchant only receives a token that can be used for API calls. If you use Apple Pay or Google Pay, regardless of payment processor, the merchant receives a transaction-specific credit card.

[0] https://stripe.com/us/payments

Re: EBay to Ditch PayPal for Dutch Payment Processor Adyen

#203

Post by clintonb » Sat, Feb 03, 2018, 4:13 PM UTC

jeremiep wrote: post #184

clintonb wrote: post #58

Earlier quoted context omitted.

The reason for processing on your own server is so you own the entire checkout experience. If you redirect he user to another site for payment, you run the risk of losing track of that user. Also, the third-party’s branding may clash with your own.

Since when does checkout needs to be an "experience"? I'd much rather trust Paypal than a company worried about losing track of me or that I might see a different branding. That different branding is the very reason I'm doing the transaction in the first place: I trust Paypal way more than any company's self-hosted checkout.

Checkout has been an experience for decades. The candy/magazines by the checkout line in your grocery store are now ads on the cart page. Amazon even promotes using a specific credit card in some cases: Use Discover to save 5%, or Save 10% when you get an Amazon Visa.

Re: EBay to Ditch PayPal for Dutch Payment Processor Adyen

#204

Post by clintonb » Sat, Feb 03, 2018, 4:17 PM UTC

lsaferite wrote: post #185

zbentley wrote: post #181

Earlier quoted context omitted.

There's a big difference between running a server that does basically glorified inventory tracking, and running a server that hosts (even just a wrapper around) payment infrastructure. If my inventory service breaks I might have some pissed-off customers or have to re-ship some items, the odds of getting in bigger trouble than that are low. If my payment infrastructure goes down or gets compromised, the odds of lawsu…

Working with Stripe and PayPal are essentially the same if you use best practices. Stripe can do the payment page and redirect if needed and can also capture paying info from a static page that is submitted via JS in the background. In the end you'd get a simple token that's just a reference to the payment details in Stripe (just like PP). If you integrate with the Stripe payment page then they will even remember you…

If you use Stripe, you still need a server to make secure API calls to charge the card. The card is not charged until you make an API call with the token.

Re: EBay to Ditch PayPal for Dutch Payment Processor Adyen

#205

Post by ddsaso » Mon, Feb 05, 2018, 2:26 PM UTC

huangbong wrote: post #197

ddsaso wrote: post #182

Earlier quoted context omitted.

I work at Spreedly and this is essentially what we do. Store credit cards with us (we're PCI Level 1 Compliant) then decide which payment processor you want to send cards to for transactions. We don't provide automatic routing so you'd need to decide which processor to use on your end but you could easily charge the same card against two different payment gateways if you wanted to.

Did you guys recently just change your pricing structure? I remember it was per card a while ago and thought it was too expensive. But not it doesn’t look that bad!

Yes we changed it a few days ago.