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I hate Stripe, so I'm going to build my own payment processor

91 点作者 lopkeny12ko9 个月前

19 条评论

memset9 个月前
Stripe used to have really simple docs: paste in some js, paste in some example code on the backend, and you’re good to go.<p>Now it’s really really confusing. Payment intents are confusing. Figuring out which part of the docs I need is confusing. Figuring out the limitations of the self hosted checkout pages is confusing. The pricing is confusing. There’s narrative for one-click checkout that is comparable to PayPal (I guess there is “link” but seems like a separate thing?)<p>Give me a thing I can copy and paste. Give me a hosted subscription management page.<p>Finding a way to allow legal businesses to operate would be huge, though my impression is that you get yanked around by banks a lot.<p>Don’t nickle and dime me on features. Make it easy to get reports out.
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cowsup9 个月前
They seem against any nay-sayers, so I’ll respect that and bite my tongue.<p>The silver lining is that, their idea (which they later reveal that they “forgot to mention” will also include full banking support and the issuance of cards) is <i>very</i> complicated and will require years of non-stop planning and paperwork before a single customer can be onboarded.<p>This isn’t handing your friend the keys to a jet and letting them fly a plane, this is your friend wanting to enroll in pilot school. It’s good to try, and, if you realize it’s not for you, there’s nobody harmed as a result.
lancecotingkeh9 个月前
I&#x27;m one of the founders of OpenPay (getopenpay.com) and we offer comprehensive subscription management and analytics, and our customers can bring in any payment processor they want. We don&#x27;t lock people into only using one payment processor like Stripe so we support a lot of businesses that have gotten banned from Stripe<p>Would love to partner together to support all the subscription + hosted pages + analytics functionality
fragmede9 个月前
They don&#x27;t say why the hate Stripe, but presumably Stripe closed their account for fraud&#x2F;spam&#x2F;PBL reasons and took &quot;their&quot; money and won&#x27;t give it to them. Whether or not this person&#x2F;team succeeds, the real point is that spite is a powerful motivator. We all find motivation, in our own places, in our own ways, and spite is up there.
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krick9 个月前
This is kinda a broad topic, but I&#x27;m kinda uncomfortable about the fact I still don&#x27;t really understand how all this payments stuff works. Can somebody enlighten me, what does it take, exactly, to build a payment processor? Can anybody do that, theoretically? Do you have to implement some payments API for every bank your customers will use? In every country? I assume, the API&#x27;s are not entirely open and are more than just a number of SWIFT conventions, so why would the banks work with you, how would you convince them? What really is a payment system, anyway, what&#x27;s the difference between using a card and making a bank transfer? Why are there so few credit card providers, how are they different from, well, your future payment system?<p>There are many questions beyond that, but it should be enough to judge the level of my ignorance. So, maybe somebody knows a book, a set of good blogposts, a really long YouTube video? Something?
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egypturnash9 个月前
seven years from now, this person will have become <i>everything they hate</i> about current payment processing methods.
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kulahan9 个月前
Didn’t the creator of stripe have it written in like, a few months? Iirc, he spent years dealing with regulations, not tech issues.
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assimpleaspossi9 个月前
They posted that on reddit. How far do you think they can go?<p>People post all kinds of things on reddit. Most of them aren&#x27;t true at all.<p>Most people who post on reddit are people no one would listen to otherwise. That&#x27;s why they post on reddit cause reddit will let anyone post there.
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jongjong9 个月前
These days, it&#x27;s probably easier to obtain a share of big tech profits by engaging in government regulatory shenanigans than to compete against big tech and &#x27;earn&#x27; the same amount of money &#x27;on the free market&#x27;.<p>If I was OP, I would just try to get a job as a financial regulator and create more regulations in exchange for a cushy job after.
spamizbad9 个月前
I work in this space. Good luck! It’s extremely difficult and can be expensive getting off the ground (in addition to high CAC) BUT it’s doable. Buckle up!
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TheSmoke9 个月前
In case they need to figure out what exactly they need to do: <a href="https:&#x2F;&#x2F;news.ycombinator.com&#x2F;item?id=30650828">https:&#x2F;&#x2F;news.ycombinator.com&#x2F;item?id=30650828</a>
synicalx9 个月前
I can&#x27;t wait to hear the fallout from their first PCI audit; &quot;what the f** is a tamper proof bag?&quot;, &quot;Key ceremony? No, sorry I&#x27;m not religious&quot;<p>But seriously I wish them luck, and I sincerely hope they know what they&#x27;re getting themselves into and are receiving good advice&#x2F;support from SME&#x27;s.<p>EDIT: Ok I retract that statement of goodwill, OP in that thread just comes across as a jerk. Enjoy the audits.
phendrenad29 个月前
How many &quot;Stripe problems&quot; are really financial systems problems just being passed through to the user?<p>I like the Indian system: no protections, just direct bank-to-bank transfers.
talldayo9 个月前
One must imagine Sisyphus happy.
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lakomen9 个月前
That guy can&#x27;t even remove tracking from his posted link, how is he even remotely going to build anything blah blah
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segmondy9 个月前
If they are going through the bank then they are not a true payment processor but a payfac. To be a processor they need direct link to the card networks like visa, amex,MC, etc. It&#x27;s a tough space that requires solid domain knowledge to be profitable and not eaten alive by fraudsters.
tazu9 个月前
I actually have the code written for my own payment processor (including crypto)--that&#x27;s the easy part. The hard part is the money transmitter license fees, which are insane and make it impossible to bootstrap.
0x64x9 个月前
I posted this yesterday: Reddit really hates VPNs, in my opinion, so my Reddit account got banned.
latchkey9 个月前
Imagine building and owning the platform, but not being in control of it. That is what Stripe has become.<p>The only way to get Stripe Express to stop emailing you during an incomplete registration with a third party, is to change your email address. I used root@127.0.0.1 in the hopes that it fills up a disk somewhere.<p>This is the response to my support requests...<p>-----------------------------------------------------<p>We want to express our sincere apologies if we were not able to respond to your email on time and I understand how important it is to get it resolved for you.<p>Jumping right in, I would like to inform you that, as you have a Stripe Express account, which is being controlled and managed by the platform (XXXX Inc.) and we do not have any control over it. Also, the only option to delete your account is with the help of API, which can only be done by your platform.<p>For context, with Express accounts, the platform has the ability to specify charge types and set the connected account&#x27;s payout settings programmatically. The platform is responsible for handling payments, disputes, charges, account deletion, payouts and refunds.<p>However, as you mentioned that you&#x27;re not getting any response from your platform, the other option to stop receiving email is by changing the email address on the account, which I am able to see, you have already changed it.<p>-----------------------------------------------------