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Stripe raises $600M at nearly $36B valuation

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721 points hhs | 2 comments | 16 Apr 20 14:35 UTC | HN request time: 0.001s | source
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fbelzile ◴[16 Apr 20 15:28 UTC] No.22890386[source]▶
I'm very happy with Stripe and for their success, but I plan on switching all my payments to go through PayPal again. I did some math and PayPal offers a better deal for Canadian businesses after Stripe bumps me off of their grandfathered conversion fees in a couple months.

I love the slick interface, but it's simply not worth the thousands per year I'll be saving with the switch.

For me the main selling point for any payment processor is the minimization of fees. Sure, the API's are nice, but I already use a payment gateway for that.

I'm a few clicks away from saving thousands. Am I missing anything?

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nailer ◴[16 Apr 20 15:48 UTC] No.22890600[source]▶
If you do anything through PayPal do not keep any funds in your PayPal account. The company is well known for seizing funds in their customers account with no recourse.
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carapace ◴[16 Apr 20 16:05 UTC] No.22890768[source]▶
PayPal owes me $200.

I got a letter from the state comptroller saying that paypal had been trying to reach me and my money was about to revert to the state and call this number to get it.

So I called the number, and they ask me, "Do you want it in a check or in your paypal account?" Well that account has been frozen for years so I say, "Send me the check."

That was a few years ago now and I'm still waiting.

Fuck PayPal.

replies(1): >>22891339 #
1. herman_toothrot ◴[16 Apr 20 17:00 UTC] No.22891339[source]▶
Did you try to recover the money through the state? Most states have a site through comptroller/treasury/etc. where you can start a claim process.

(Assuming that paypal reported the uncollected money correctly.)

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2. carapace ◴[16 Apr 20 17:50 UTC] No.22891806[source]▶
No. My consulting rate starts at $200 per hour so it's just not worth it.

THX-1138, eh?

I talk shit about it (and will continue to do so until the Sun grows cold or PayPal goes under, whichever comes first) because it's the only way to get them back for robbing me. The actual $200 mean almost nothing to them either, so I just rub my muddy boots on their couch from time to time.

"Fuck yo' couch Eddie Murphy" (head's up the n-word is in there: https://www.youtube.com/watch?v=JcJkhSUSnek )