Hacker News Board Hacker News, browsed like a classic message board
Live data from Hacker News

Stripe live dashboard

bfcm.stripe.dev

Post reply on HN
Print view View original

91–100 of 233 posts

Re: Stripe live dashboard

#91

Post by raincole »

xyst wrote: post #75

~$3.2B USD in processed transactions through stripe (so far). ~42M transactions. ~$92.8M for 2.9% fee. ~$12.6M for 30 cent fee. ~$105.4M just for processing transactions on a single day. Above assumes the “standard” pricing [1]. It’s not quite clear how much stripe takes from the 2.9% and 0.30 cut. Likely have to share this with card network and issuing bank. The invisible hand of traditional banking system taking mo…

Next time you buy food, remember that's traditional farming system taking money out of your pocket.

Seriously, if the whole crypto scene taught us anything, it was that a global transaction network isn't an easy service to provide.

Re: Stripe live dashboard

#92

Post by pc86 »

pprotas wrote: post #68
roughly wrote: post #13

Total transactions: $41M Blocked fraudulent: $4.8M So that’s nearly 12% of the transactions suspected fraudulent - that’s nuts

12% of the money is suspected fraudulent, not the transactions, right? So could be that fraudulent transactions are a smaller volume of the total transactions, but they simply tend to be higher in terms of dollar amount.

Fraud is typically very small dollar amounts used to test the card. Partially to try to go unnoticed but also to leave as much of the limit available as possible for intended purchases later.

Re: Stripe live dashboard

#93

Post by ratsmack »

TekMol wrote: post #17

This reliably kills Firefox on Linux here. The whole browser. After a few seconds, during which the laptop fans are spinnung up, all tabs go into a "This tab just crashed" state.

Running Firefox 115.4.0esr here and there is no problem, you may be running a different version (debian testing). My four core cpu is at 23%, even with thinkorswim running.

Re: Stripe live dashboard

#94

Post by imp0cat »

TekMol wrote: post #17

This reliably kills Firefox on Linux here. The whole browser. After a few seconds, during which the laptop fans are spinnung up, all tabs go into a "This tab just crashed" state.

Firefox/Linux/Ryzen 5 here and it runs fine. Does not even spin the fans.

Re: Stripe live dashboard

#95

Post by gruez »

nathanaldensr wrote: post #77
xyst wrote: post #75

~$3.2B USD in processed transactions through stripe (so far). ~42M transactions. ~$92.8M for 2.9% fee. ~$12.6M for 30 cent fee. ~$105.4M just for processing transactions on a single day. Above assumes the “standard” pricing [1]. It’s not quite clear how much stripe takes from the 2.9% and 0.30 cut. Likely have to share this with card network and issuing bank. The invisible hand of traditional banking system taking mo…

"We reserve the right to charge you for using the system we created and enforce through monopoly government force!"

>and enforce through monopoly government force!

???

Re: Stripe live dashboard

#96

Post by xyst »

FredPret wrote: post #80
xyst wrote: post #75

~$3.2B USD in processed transactions through stripe (so far). ~42M transactions. ~$92.8M for 2.9% fee. ~$12.6M for 30 cent fee. ~$105.4M just for processing transactions on a single day. Above assumes the “standard” pricing [1]. It’s not quite clear how much stripe takes from the 2.9% and 0.30 cut. Likely have to share this with card network and issuing bank. The invisible hand of traditional banking system taking mo…

Uhhh… how exactly were these transactions supposed to even take place without the banking system? I have no interest in bartering or sending ounces of gold around. And don’t say crypto - last time I tried to figure it out, I ended up sending ETH, and more than half of it evaporated in “gas money”. What a joke.

Well there’s the FedNow Service which will introduce instant payments. Should eliminate the need for parasitic credit card processing networks.

A good “FedNow” or instant payment provider can easily disrupt the debit and credit card processing companies. At most, businesses charged 5-10 cents per transaction.

No more dealing with credit card network fees. Chargeback fees. Exchange fees. Issuing bank fees. Premium card fees. Just a simple 5-10 cent per transaction. Only need a US bank account.

Re: Stripe live dashboard

#97

Post by bob1029 »

FredPret wrote: post #80
xyst wrote: post #75

~$3.2B USD in processed transactions through stripe (so far). ~42M transactions. ~$92.8M for 2.9% fee. ~$12.6M for 30 cent fee. ~$105.4M just for processing transactions on a single day. Above assumes the “standard” pricing [1]. It’s not quite clear how much stripe takes from the 2.9% and 0.30 cut. Likely have to share this with card network and issuing bank. The invisible hand of traditional banking system taking mo…

Uhhh… how exactly were these transactions supposed to even take place without the banking system? I have no interest in bartering or sending ounces of gold around. And don’t say crypto - last time I tried to figure it out, I ended up sending ETH, and more than half of it evaporated in “gas money”. What a joke.

I have a similar reaction.

If you want to go all the way into the consumer value matrix - Has anyone on HN ever had much a 2nd thought about whether or not their card would 'just work' out in the world?

I used to work in the actual room where acquirer links were monitored in real time 24/7/365. At least 8 people were in that room at any given time. I've never worked in nuclear power but I imagine you could draw some parallels.

This kind of reliability is not cheap or easy to come by. There isn't a clever technical trick you can employ to realize it. The only way to achieve the kinds of reliability we have in the world today still requires lots of human involvement throughout.

Does anyone dream of having a google-style support experience next time they are standing in line at the grocery store? This is basically what you are demanding when you say you want zero % fees on all transactions.

Re: Stripe live dashboard

#98

Post by vizzah »

oritsnile wrote: post #57

Interesting that GBP has a volume of 413 million and EUR 420 million, I would have assumed that EUR is much bigger than GBP, does anyone know why they are so close? Also, interesting that the top conversion is GBP -> EUR.

Brits are bigger online spenders than the whole of Europe, based on other anecdotal evidence..

Re: Stripe live dashboard

#99

Post by Tijdreiziger »

xyst wrote: post #96
FredPret wrote: post #80

Earlier quoted context omitted.

Uhhh… how exactly were these transactions supposed to even take place without the banking system? I have no interest in bartering or sending ounces of gold around. And don’t say crypto - last time I tried to figure it out, I ended up sending ETH, and more than half of it evaporated in “gas money”. What a joke.

Well there’s the FedNow Service which will introduce instant payments. Should eliminate the need for parasitic credit card processing networks. A good “FedNow” or instant payment provider can easily disrupt the debit and credit card processing companies. At most, businesses charged 5-10 cents per transaction. No more dealing with credit card network fees. Chargeback fees. Exchange fees. Issuing bank fees. Premium car…

Great, so it only works in a single country. Stripe supports much more countries and payment rails than just US credit cards.

Re: Stripe live dashboard

#100

Post by Hitton »

I'm not sure how believable are those numbers. Businesses having their best day ever on stripe being exactly 9001 (It's over 9000!) for quite some time now seems rather suspicious.
Post reply on HN