Stripe de-couples payments from the rest of its stack

&gt; Stripe announced a new version of its checkout experience that will be using AI to give a more precise selection of payment options to customers depending on location and what customers may have already used.<p>&quot;Dave, I don&#x27;t care that you want to use a new card, this old expired card is what I&#x27;ve decided you need to use.&quot;<p>or<p>&quot;I&#x27;ve decided that you&#x27;re the best fit for &lt;payment method you&#x27;ve never heard of and is only available 3 countries away&gt;&quot;.

It’s funny because in Stripe Sessions they seems quite careful to say “machine learning” and not “AI” which I found quite refreshing. It was “ML to help improved results of …” and not “AI will do magic!”, but of course, that doesn’t stop the press from rephrasing it into what appears to the casual reader as the same ol’ hype nonsense.<p>Congrats to the Stripe folks! Metrics API is exactly what I needed.

Five years from now:<p>&gt; Stripe consolidates Payments with its other services to form Stripe One, a one-stop shop for all commerce and user-experience needs.

Describing the value of new features as &#x27;using AI&#x27; is a negative signal.

Not related to title, but I&#x27;m most excited about &quot;Usage-based billing upgrade&quot;.<p>Their offerings for recurring billing have been lacking for a long time. I&#x27;d love to drop the recurring provider we&#x27;ve currently got on top of Stripe, and just use Stripe.<p>We ended up on Chargebee because we needed fractional unit billing. While there we&#x27;ve also discovered that they apply rounding at different times for different documents. So when a quote is promoted to an invoice the total changes. That was a frustrating few months trying to explain to support what the problem was for them to tag it #wontfix.

« it’s launching a new tool called “Radar Assistant,” which lets users create new fraud tools on its Radar risk platform using natural language commands »<p>My experience with this kind of thing as not been very good. New Relic introduced a tool that would help you build NRQL queries, but most of the time it just hallucinates table and fields that don&#x27;t exist. Huge waste of time.

I generally like Stripe but am getting more and more disheartened about the additional complexity they continue to add to the their products.<p>The whole selling point was that Stripe made it easy to accept payments online. But now it&#x27;s just about as hard to setup as the old payment processors were.

How much will valuation increase now that they shoved in AI into the most useless flow?

Eh ... they should focus on customer experience rather than AI.<p>As a customer unable to remove a credit card from my account, despite the service being inactive and cancelled, because the service is &quot;still active&quot;, I&#x27;d rather have someone I can contact to resolve it, rather than being pointed to the uncontactable merchant.<p>Fix your broken things first.

I wonder whether that means one could use Connect in some way with another payment processor. Or if connect will remain tightly coupled.

« Our mission is to grow the GDP of the internet. »<p>Why say this kind of crap? Everyone knows their mission is to be profitable in the payments space.

If Stripe is still private, how does YC get its ROI?

&gt; Stripe has, frankly speaking, been somewhat slow on building out more sophisticated subscription and billing products, opening the door for companies like Paddle and more recent arrivals like Lago (which focuses on open sourced billing) to create significantly more nuanced offerings<p>Why do you think they’ve been slow?

when is the stripe IPO?

The beginning of the end.

Patrick is reading these comments.<p>Hi Patrick