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Inside Stripe

fastcompany.com

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Re: Inside Stripe

#41

Post by bendauphinee »

waterside81 wrote: post #31
davecap1 wrote: post #8

I wish it worked in Canada... Any other Canadians out there wishing the same thing?

You should look into Moneris (RBC+BMO venture). Sane API, good support, decent fee structure. http://www.moneris.com/

Do you have a page you can point to where they do the drop-in .js, or something as simple as the curl call that Stripe offers an example of?

Man I wish we had Stripe here in Canada.

Re: Inside Stripe

#43

Post by spitfire »

pc wrote: post #32
davecap1 wrote: post #8

I wish it worked in Canada... Any other Canadians out there wishing the same thing?

We're working on this right now.

Oh god please do. There is a serious lack of innovation in Canada. Anything that can smooth the path is a boost.

Re: Inside Stripe

#45

Post by humbyvaldes »

Stripe is great, simple and awesome support. Once I got past the super simple first charge, I had some technical questions. I jumped into their support chat and had my question answered, plus some helpful php links.

Re: Inside Stripe

#46

Post by davidpoarch »

scott_s wrote: post #27

I have always attributed PayPal's problems to having to perform fraud prevention on a massive scale. That's where I understand most of the initial difficulty comes from in getting a PayPal account setup: they have to weed out scams and money laundering. Same with the horror stories I read: most of those people have circumstances that would also preclude them from a standard merchant account. So is Stripe doing fraud…

You are absolutely correct. That's one of PayPal's main weaknesses. I am not sure how Stripe is dealing with it; though they probably have to go through a similar screening process, which isn't foolproof.

I am a co-founder of a nascent third party payments aggregator (TPPA) called PayGuard (currently in stealth mode - Beta version is being built), and our system inherently includes automatic fraud prevention; so we not only save money by eliminating the screening process, but we also save by virtually eliminating all 'dispute resolution'-leading scenarios.

As far as a comparison for Stripe, they seem to be similar to Braintree, but geared more towards early stage online merchants. The following link may answer some of your other questions:

http://www.quora.com/What-are-the-advantages-of-using-Stripe...

Re: Inside Stripe

#47

Post by fbuilesv »

miles_matthias wrote: post #24

Stripe looks so awesome that it's got me thinking about charging for things that I might not have bothered charging for in the past. I think that's one of the unseen benefits. I'm looking forward to using Stripe.

A lot of people doesn't notice this, but when all you have to do to start charging people is include a couple lines of Javascript then the game totally changes. Imagine being able to charge (or just put a donation button) on all those weekend projects you see advertised in HN!

I think that as soon as they start expanding outside the US the market for web applications will radically change.

Re: Inside Stripe

#48

Post by scott_s »

davidpoarch wrote: post #46
scott_s wrote: post #27

I have always attributed PayPal's problems to having to perform fraud prevention on a massive scale. That's where I understand most of the initial difficulty comes from in getting a PayPal account setup: they have to weed out scams and money laundering. Same with the horror stories I read: most of those people have circumstances that would also preclude them from a standard merchant account. So is Stripe doing fraud…

You are absolutely correct. That's one of PayPal's main weaknesses. I am not sure how Stripe is dealing with it; though they probably have to go through a similar screening process, which isn't foolproof. I am a co-founder of a nascent third party payments aggregator (TPPA) called PayGuard (currently in stealth mode - Beta version is being built), and our system inherently includes automatic fraud prevention; so we n…

our system inherently includes automatic fraud prevention

If you're willing to share more, I'm listening. PayPal has "automatic fraud prevention" in the sense that, if you do something that deviates from what they expect, they suspend your account. I assume you mean something different.

Also, I followed the Quora question to this related one: http://www.quora.com/How-are-Square-and-Stripe-able-to-accep... I'm still confused about one thing, though. I understand that PayPal is both an aggregator and the merchant of record. It sounds like Braintree is not and aggregator and not the merchant of record. But this poster claims that Stripe is an aggregator, but not the merchant of record, and I don't understand what that means.

Re: Inside Stripe

#50

Post by PStamatiou »

Stripe has been amazing for us. We've even gotten emails from them (most recently Saikat!) about how we were accidentally hitting their API twice. They helped us find a bug. No other company I've integrated with us paid that close attention to such matters. We've changed our internal usage of Stripe many times (from doing lots of recurring work with various plans and invoice item adding) to just doing simple charges and it's worked great every time.

We're quite proud of our Stripe-powered CC form on Picplum! http://dl.dropbox.com/u/186198/Screenshots/t26p.png

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