Stripe raises $600M at nearly $36B valuation

Stripe cofounder here. This isn't really new -- it's an extension of our last round (https://www.cnbc.com/2019/09/19/fintech-start-up-stripe-notc...).

That said, we've seen a big spike in signups over the past few weeks. If any HN readers have integrated recently and have feedback, we're always eager to hear it. Feel free to email me at patrick@stripe.com and I'll route to the right team(s).

As always, thank you to the many HNers who are also active Stripe users!

Congratulations. We've recently decided to go with Paypal Pro for better rates on micropayments. Do you guys plan to have a similar program soon?

Yeah, we don't like the current situation, and this is a topic of ongoing discussion. Credit card network fees make it tricky to do it well but we really want to find a way to make it work.

Can you elaborate like I'm 5? Just very high level for those of us who only know "they charge a flat fee and a percent which makes microtransactions hard".

What are the strategies/thoughts in the industry? Holding and batching payments on a per-user basis? Trying to get agreements so you can batch payments on a per-processor or per-network agreement? Hourly? Daily? Weekly?

> Just very high level for those of us who only know "they charge a flat fee and a percent which makes microtransactions hard".

That's pretty much the story :-). And so the questions are then whether we subsidize the transactions, batch them (as you say, though that makes refunds and statement descriptors tricky), get card networks to change their policies, or somehow shift how the payments are made (e.g. encouraging cheaper payment methods).