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Stripe Is Now a $20B Company

(www.bloomberg.com)
563 points jonknee | 2 comments | 26 Sep 18 18:04 UTC | HN request time: 0.412s | source
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Firebrand ◴[27 Sep 18 02:37 UTC] No.18081755[source]▶
So maybe I don’t understand because I’m a dumb-dumb lay person, but what does Stripe do differently from all the other payment processors that has given its rise and hype.

Is Stripe popular because its developer friendly? What makes it better than Apple Pay, PayPal, and Square? Normally, when I shop online, I’m usually given an option to type my credit card info or use my PayPal account. Where does Stripe fit into all of this?

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1. canadapups ◴[27 Sep 18 03:35 UTC] No.18081979[source]▶
For my side project website (see my profile), I started to implement PayPal and got seriously confused with the documentation and process (I'm not a professional developer). Mid-process I actually didn't even know if I was even dealing with PayPal or Braintree anymore. Then magically I received a package in the mail from Moneris. They shipped me a stack of those carbon-copy paper credit card slips and machine (that cha-chunk sound)... for my website. This was like 3 years ago.

I asked my professional dev friend what the heck was going on and he told me to use Stripe. Never heard of Stripe before that. Friend also told me his revenue was frozen for weeks/months by PayPal for his projects. A weekend later, I was done implementing Stripe.

My partner insisted I use PayPal because that's what everyone recognized/used, but I flat out refused after implementing Stripe.

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2. Wintereise ◴[27 Sep 18 04:43 UTC] No.18082147[source]▶
> I started to implement PayPal and got seriously confused with the documentation and process (I'm not a professional developer)

The feeling is the same for most "professional" developers too. The old XML API is horrible by modern standards.

They do have a new one though that's less of a pain.