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Facebook Is Partnering With Stripe to Power “Buy” Button

77 pointsby whyleymover 10 years ago

6 comments

jsinghover 10 years ago
Perfect timing? I just wrote a post on why Stripe is becoming the transaction layer of the internet.<p><a href="http://blog.thinkful.com/post/98406708378/why-stripe-is-becoming-the-transaction-layer-of-the" rel="nofollow">http:&#x2F;&#x2F;blog.thinkful.com&#x2F;post&#x2F;98406708378&#x2F;why-stripe-is-beco...</a><p>Some highlights:<p>- Agility in adopting new technologies<p>Whether it’s Bitcoin, Stellar, or 139 other currencies, Stripe is able to rapidly roll out developer kits and support for new forms of payment and protocols. To give context around this speed, the company announced support for Stellar, a decentralized protocol for sending and receiving money in any pair of currencies, just hours after its announcement. While this was obviously behind a curtain, it speaks volumes about Stripe being regarded as the first choice for these types of adoptions.<p>- Landing key deals<p>Within the span of 4 months, Stripe announced partnerships with Alipay, Twitter, Apple, and most recently Facebook. For a company of 160 employees, and just under five years in age, these are huge wins to add to their gallery.<p>- Developer support and evangelism<p>The company extensively blogs, holds office hours and maintains an active IRC channel to help companies integrate with their services. For a startup looking to gain market share, this is crucial. However, the real challenge lies in their ability to sustain this level of support as the company grows. Another area still largely untapped by Stripe is hackathons. By having mentors on-site and getting their client libraries in the hands of as many budding developers as possible, they can solidify their name as the go-to tool for online payments.
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blakersonover 10 years ago
If anyone from Stripe is watching the thread: any chance of this supporting subscriptions?
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xasosover 10 years ago
Stripe is really killing it this year with getting Apple and now Facebook on board with their service
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dotcomaover 10 years ago
Am I the only one who&#x27;s interested in seeing how this plays out because I&#x27;m sceptic about people buying not even 0.1% of the time they &quot;like&quot; something?
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untilHellbannedover 10 years ago
Sincere questions: So what was FB doing with Paypal before? And hasn&#x27;t FB already had a buy button which wasn&#x27;t popular?
kylelibraover 10 years ago
I wonder what this means for Soldsie, the service that allows users to buy within the comments section. Seems like the best UX should ultimately win and that puts Facebook at a big advantage.
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