Stripe makes none of the hardware that is currently available (the BBPOS Chipper™ 2X BT or Verifone P400). Not sure which processing platform they are riding atop of these days (perhaps Tsys?) but we maintain a separate First Data account and CardConnect integration since Stripe's support for certain BINs of business cards is lacking. Said banks expect a breakdown of what was taxable to be sent along with the transaction, otherwise the transaction will be declined.<p>2.7% + $0.05 per transaction is expensive for in person payments. We are averaging 1.2% (since debit is so cheap) for our First Data account, with next day funding (Stripe has variable delivery, sometimes taking up to a week).
Looks exactly like a Square reader [1].<p>I wouldn't be surprised if they're from the same OEM, just with different firmware.<p>[1] <a href="https://squareup.com/au/en/hardware/reader" rel="nofollow">https://squareup.com/au/en/hardware/reader</a>
Visa has a product where businesses accept contactless payments on Any NFC-enabled Android phone[1]. I thought that might be something stripe go after instead of it's own hardware. Interested to know why.<p>[1]<a href="https://usa.visa.com/about-visa/newsroom/press-releases.releaseId.17361.html" rel="nofollow">https://usa.visa.com/about-visa/newsroom/press-releases.rele...</a>
I don't really see what that bring compared to Stripe Terminal.<p>Other than the fact that it doesn't have a keyboard for typing PIN code, which makes the chip reader useless for many cards (all of them in France at least).
It's been almost 3 years Stripe Terminal has been announced and still no announcement for an actual release in Europe.
As it was scheduled for the end of 2020 at the beginning, but "undefined" by now, it seems the Stripe teams encounter important difficulties.<p>After 5 requests to support, I'm sure they don't want to communicate clearly for a deployment in Europe, and this is hence a no go to choose Stripe as a payment solution to develop stuff like modern POS software. What a pity, I like Stripe so much...
How do you enter a PIN code? i.e. Wholefoods accepts contactless payments and then guess what...you need a PIN code.<p>I guess an app somewhere (like on a phone or iPad) needs to be handed over to you to do that...? I really dislike PIN code backed payments, the whole touchless/contactless experience should be as fast as paying for the "tube" in London with an Oyster IMHO
Someone has thrown down the gauntlet at Square. [0]<p>[0] <a href="https://twitter.com/Square/status/1405222258206031873" rel="nofollow">https://twitter.com/Square/status/1405222258206031873</a>
Totally see the rationale for annexing this profit pool (offline / card-present transactions)....but this doesn't feel to me like it is aligned with "increasing the GDP of the internet" -- unless I am missing something. And I'd love to be missing something, because thinking about Stripe and their strategy is very fun.
I (almost) can't believe they didn't name it the Stripe Swipe.<p>On the other hand, being not in the US, swiping cards to read the actual magnetic stripe is really quaint and not something I do a lot of these days. And it would have been weird to name it for a minor/compatibility feature, I guess.
I'm currently implementing Stripe Terminal functionality for an iOS project using the BBPOS Chipper. Does this Stripe hardware do anything that the Chipper doesn't? Or are they simply moving away from generic looking 3rd party hardware?