Would be great if it worked with their JavaScript SDK.
Stripe Reader
41–50 of 141 posts
Re: Stripe Reader
#42Funny.. I always get confused between Stripe and Square. This won't help.
Re: Stripe Reader
#43Is it just me or has Stripe come out with like 4 new products in the last month?
Not just you, saw multiple of their new products on HN
Re: Stripe Reader
#44Funny.. I always get confused between Stripe and Square. This won't help.
Beat me to it
and I get the impression that Square already has decent saturation in point of sale systems. Anyone that wasn't already vendor locked, or would have been cash only, is using Square already. Other the past year I've seen many leapfrog that straight to Venmo (haven't seen any vendors using Square's Cashapp personally). If you aren't in the system you're illiquid.
Re: Stripe Reader
#45Earlier quoted context omitted.
Generally mobile/web based payments don’t require PIN. I’ve never been prompted on a Square or Toast machine— only place I’ve ever been asked is on a traditional PINpad and Clover machines.
Neither Square or Toast support PIN entry, whereas a Clover (made by First Data, the largest processing platform) and Ingenico/Verifone equipment have the proper hardware to ensure physical security while they encrypt the PIN in transit back to the bank your platform uses to process the transaction. PIN Debit transactions are less expensive to process since there is less risk, but it adds complexity (First Data has m…
username checks out with knowledge haha - thanks!
Re: Stripe Reader
#46Is it just me or has Stripe come out with like 4 new products in the last month?
Stripe Tax - https://news.ycombinator.com/item?id=27459712 - 6 days ago
Stripe Identity - https://news.ycombinator.com/item?id=27502993 - 2 days ago
Stripe Terminal - https://news.ycombinator.com/item?id=27534884 - 3 hours ago
Stripe Reader - https://news.ycombinator.com/item?id=27534156 - 2 hours ago
Re: Stripe Reader
#47Earlier quoted context omitted.
Square & Stripe don't seem to be reselling other processing platforms. > We work directly with multiple networks https://squareup.com/us/en/payments/payment-platform > Stripe’s platform connects directly to Visa, Mastercard, American Express, Discover, JCB, and China Union Pay across global markets https://stripe.com/newsroom/news/direct-platform
In the merchant processing industry, there are frontends (where your transaction initially is routed for approval by Visa/MasterCard/American Express/Discover or by one of the Debit Networks) and backends (where the amounts of these transactions are debited between banks). Square and Stripe are both Independent Sales Organizations riding atop Chase Paymentech and First Data respectively: https://www.quora.com/What-pa…
Don't you need to be a bank to settle funds from issuing banks? That's not what I interpreted you meaning when you said "platform reseller" for processing.
I believe Square is a bank now, so maybe they'll stop using Chase.
Re: Stripe Reader
#48Would be great if it worked with their JavaScript SDK.
(Hi! I work at Stripe on the JavaScript SDK)
What types of features / compatibility are you looking for?
Re: Stripe Reader
#49Looks 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
That’s because Stripe is coming for their lunch.
Re: Stripe Reader
#50Earlier quoted context omitted.
What's stopping from coffee shops and SMBs from using Stripe? Why shouldn't they?
They'll have to build their own app and the rest of the checkout system themselves.
Nothing. It’s an insurgent tactic. Payment is being reinvented and developers are at the forefront, so enable them.