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Stripe Issuing – An API for creating physical and virtual cards
- hartator 8y agoThat’s awesome. I wonder how easy would it be to code an easy service that generates a different card for every subscriptions. No more hassle to cancel this gym membership!
- ceejayoz 8y agoBe careful of the "cancel this gym membership" approach. Gyms in particular have a reputation for sending you to collections if you try to end your contract that way, as the contracts generally specify a specific way you have to end the plan.
- toomuchtodo 8y agoNo merchant agreement prohibits the merchant from pursuing the purchaser through collections or small claims court if a chargeback occurs or the charge is declined (in the case of a recurring subscription). https://news.ycombinator.com/item?id=17468176 https://news.ycombinator.com/item?id=17468176
- anfedorov 8y agoThat may be a bad idea — you have entered into a contract, one that likely doesn't account for that sort of "cancellation" and so gyms could legally keep charging you, consider the account delinquent for awhile, then close it and sell that debt to a collection agency. On the other hand 24h fitness auto-canceled my membership when I didn't go for a little while, so at least some have some kind of incentive to not have people hate them.
- reaperducer 8y agoyou have entered into a contract, one that likely doesn't account for that sort of "cancellation" and so gyms could legally keep charging you, consider the account delinquent for awhile, then close it and sell that debt to a collection agency. This happens. A LOT.
- pc86 8y agoMy wife and I own two gyms, and no matter how easy we try to make it for people to cancel - you can literally email us at 9pm the day before you get charged and if we see it we'll cancel it - people still treat the charge back functionality like an "oops didn't mean it lol" thing. Huge gyms like Gold's or PF have these oppressive terms because they have to, otherwise at their scale they'd be getting hit with multiple charge backs every day at every location. We have less than 300 members between our two facilities and still see one every month or two, mostly from people who don't understand what they're actually for - fraud, subpar delivery of whatever you purchased, or not receiving whatever you purchased - not as an easy refund button so you don't need to take 10 seconds to write an email. The most we can hope to get out of fighting a charge back is the money back (less the additional charge back review fee which is $15-30 depending on merchant) and a very high likelihood of a 1-star Google and/or Facebook review. And that's best case scenario when the merchant is willing to side with us instead of the customer, which is why we're forced to now have contracts detailing cancellation policies. It will never happen, but I really wish consumers had to pay the charge back fees when they use the feature fraudulently like many do.
- morcutt 8y agoLook at https://privacy.com/ https://privacy.com/
- _eht 8y agoJust got API access with privacy.com. This space is ready for lift off IMO. Long in the works and long overdue. Good luck to everyone involved in creating, and god speed to those integrating.
- helper 8y agoCan you use privacy.com without installing the chrome extension?
- mnehring 8y agoSign up for Privacy.com seems to be only in the app or with the extension, but after you sign up, you can sign in just in the browser and view your virtual cards. (I hope this comment will soon be outdated - a fix for that would be nice.)
- anonytrary 8y agoIt's ironic that they are called "privacy", when they are really just monopolizing your service usage information. Instead of Visa knowing exactly what services I use, now "privacy" does.
- orf 8y agoCheck out Revolut: https://www.revolut.com/?lang=en https://www.revolut.com/?lang=en They have virtual cards as well as a disposable one that changes number every time you use it online.
- peterlk 8y agoI think there's an additional security aspect to this. A big company has their credit card processing system breached? Cancel the card for that vendor, and you don't have to worry about updating all your bills/autodebit.
- briandear 8y agoExcept a declined payment doesn’t take you off the hook for paying what is owed, so you could still find yourself in collections.
- danielvf 8y agoAny word on pricing? fees? cashback?
- wbronitsky 8y agoCongrats team!
- ryanworl 8y agoHow is the balance of the card established? Is it just paid from a connected bank account similar to a chargeback after a payout has been already paid into a bank account?
- lachyg 8y ago(I work on Issuing.) The cards draw from a Stripe balance, which can be funded from a connected bank account (or ordinary Stripe charges).
- ryanworl 8y agoThanks. Is there any documentation available on this? I can't find how a card is connected to specific bank account.
- lachyg 8y agoDocs: https://stripe.com/docs/issuing https://stripe.com/docs/issuing Cards draw from a Stripe balance (which is funded by payments that go through Stripe (or top-ups).)
- mathnmusic 8y agoWill this be launched worldwide? If not, which countries in the first phase?
- lachyg 8y agoWe're starting out in the U.S., but have a number of other markets in-flight. Please let us know about your use case on the invite form (https://stripe.com/issuing https://stripe.com/issuing) — that'll help us prioritize where to go next :)
- ckdarby 8y agoI have reached out, just now, please begin the discussions with us asap because we are in the middle of going with Emburse and would consider this instead.
- downandout 8y agoLove it, unfortunately it is currently by invitation only though. Anyone have any information about what the qualifying criteria is?
- morcutt 8y agoI would love to know this as well.
- lachyg 8y agoGlad to hear you like it! We’re looking for a range of customers who have various use cases and experience levels with issuing before we’re ready to make this available more broadly. (Sorry I don’t have much more in the way of specifics to share here, we’ll do our best to get back to you quickly.)
- rawrmaan 8y agoI can't even imagine how much work went into this. Stripe does a great job of tackling the toughest problems and making it looks easy!
- rdiddly 8y agoI actually think they might just be proving how easy it really is... compared to the longtime incumbents who do their best to make it look hard (or do it the hard way), and charge appropriately. Which doesn't take anything away from the accomplishment.
- the8472 8y agoI wonder why this isn't standard service from every credit card provider, ideally as an app. It would make the CC numbers from database leaks a less valuable target since users could easily compartmentalize for every transaction.
- toast_coder 8y agoBecause the work involved in creating eneyerprise scalable software platforms that deal with financial transactions is REALLY hard.
- pbreit 8y agoIt's a massive undertaking for very little benefit. And there's a large group of card holders who hate when their number changes.
- VectorLock 8y agoThey hate it when they have to change their card number and have to update it on a ton of places. If that ton of places have their own numbers, you don't have to update them all when you have to kill one number.
- conradev 8y agoTokenized payments (Apple Pay, Google Pay) which are supported by many card providers work by generating a new card number when you add it to the device.
- guipsp 8y agoA service like this has been avaliable in Portugal from "Multibanco" as "MBNet" or "MBWay"
- brentjanderson 8y agoCongrats to the teams at Stripe for getting this out. This opens up a lot of potential for innovation with these kinds of cards. Well done! Stripe and Twillio lower barriers to entry with products like this. This eliminates a powerful moat that other companies have built. Starting a digital bank or expense report software like Divvy are now much easier. What companies will be at greater risk because this is now an API?
- jotm 8y agoNot sure if you know, but Bank of America, Paypal and others have tried this a long time ago (in Internet years). They all abandoned this idea, iirc because of the upkeep costs (?) and massive amount of fraudulent use.
- toyg 8y agoFraud is what I keep thinking about. Hopefully Stripe put in place some robust tracking, or it will get messy.
- brentjanderson 8y agoI suspect the key fraud deterrent is that funds must be available in Stripe in order for the card to accept the transaction. In other words, if I issue a card via Stripe and you attempt to use it fraudulently, I'm on the hook for the transaction either way.
- hobofan 8y agoCue a plethora of startups popping up where the main business model involves harvesting the transaction data via such cards. Probably most interesting for shopping sites since it gives you insight into all the transactions made with competitors (only just realized that that's probably why Amazon issues credit cards).
- alibert 8y agoVery off topic (sorry): does anyone have Steam VR launching when opening the linked story in latest stable Firefox on Windows 10?! It's annoying because it pops out multiples modals on my desktop (and complaning my HMD is not connected) and my mouse cursor starts to shutter.... Latest Steam Stable with Steam VR beta module on Windows 10 x64 Pro 1803 Edit: formatting Edit: found a way to disable: dom.vr.openvr.enabled in about:config (why does it trigger openvr?)
- no1youknowz 8y agoSo the question then begs. Is this the beginnings of a digital bank? Will they start to do things like: - Virtual Accounts / Ledger support. - Micro Loans. There doesn't seem to be a digital bank that does end to end payments in the US, that businesses can plug into with an API and have everything taken care of. There is Railsbank[0], yet they are located in the UK and US support may be in Q4 this year. But they aren't an acquirer. This is a very interesting development for sure! [0]: https://www.railsbank.com/ https://www.railsbank.com/ p.s if anyone does know of an end to end fintech service provider for the US. Let me know. All of the ones that I have found, unfortunately are EU only.
- pbreit 8y agoHave a look at: https://openplatformbbva.com https://openplatformbbva.com https://synapsefi.com https://synapsefi.com https://www.marqeta.com https://www.marqeta.com
- no1youknowz 8y agoThank you for posting the first link. I know BBVA are behind many companies such as Simple, Azlo, Holvi; either as investing in them or buying them outright. But I hadn't come across that link when searching on google. I am highly appreciative! I'll send them an email in the morning.
- farahday 8y agoI would also add Thought Machine with their Vault OS product, looks interesting.
- colinsidoti 8y agoVery cool. Any chance Stripe lifts some restrictions on prohibited businesses soon? Virtual cards can be particularly useful in travel, but that use case on Stripe has long been considered prohibited: https://stripe.com/us/prohibited-businesses https://stripe.com/us/prohibited-businesses Also, any chance for custom prints on the cards?
- lachyg 8y agoAbsolutely happy to talk about travel use cases -- we are supporting it today. We also (only) support custom designs.
- notoriousjpg 8y agoWow interesting company being kept in the high risk businesses section. Travel is lumped in with hate groups, wonder why
- mtw 8y agoIs it just me or the card animation has rendering issues when scrolling? Using latest MacBook Pro 15"
- shadowfacts 8y agoI’m on an iPhone X, and when the animation is visible the scrolling performance is awful, seems like ~10 FPS.
- eisa01 8y agoMy iPad started heating up as well when viewing the page, so it seems to use excessive resources
- ikeboy 8y agoAre these credit or debit cards? Asking because I've previously had issues with virtual debit cards where merchants "force posted" transactions through.
- ThrustVectoring 8y agoLooks like debit, the docs mention that purchases debit your stripe account balance.
- ikeboy 8y agoThat doesn't tell you anything about which network and rules the transactions go through on, in theory they can process it as credit even if they require it to be prefunded
- vishnugupta 8y agoHave only spent 10 minutes skimming through various docs. Seems like it's upto the businesses to treat an issued card as debit or credit. I can even see use cases for overdraft. Below is a snippet from their doc[1] > Any use of an issued card that results in funds entering or leaving your Stripe account Here's what I've understood so far. 1. Businesses create, maintain and own customer accounts. It's upto the businesses to figure out how to get money from the customers. Could be prefunded (i.e., debit card) or postpaid (i.e., credit card). 2. Said business then creates cards and associates them with the above customer accounts and issues them that card. 3. Customers are now enabled to use those card wherever credit/debit cards are accepted. 4. Businesses need to maintain balance with Stripe. Stripe deducts from this account upon successful authorisation. 5. Now as I've mentioned in #1 it's upto the business to figure out a way to charge the customer. Money movement is happening in two steps. 1. Business account -> Merchant (via stripe). 2. Consumer -> Business (Stripe isn't involved here). Whether #2 happens before or after determines if the card is a debit card or credit card respectively. So, what Stripe has done essentially is connect accounts holding money with rest of the world. I.e., anyone can now become a bank, in a sense. In my previous job my team worked with a similar third party provider to launch a virtual card product[2]. But what Stripe has done is game changing. [1] https://stripe.com/docs/issuing/transactions https://stripe.com/docs/issuing/transactions [2] https://www.freecharge.in/mobile/freecharge-go https://www.freecharge.in/mobile/freecharge-go Edit: Minor correction.
- AJRF 8y agoDoes this make something like Monzo seem trivial? Like it seems like everything Monzo has done as easy to replicate (not to do, im sure a lot of time and effort went into the guys at Stripe making this).
- lachyg 8y ago(I work on Issuing.) Not really. We make it easy for institutions like Monzo to issue and manage cards, but I imagine that's just a fraction of what they've needed to build to run a regulated bank, service their customers, etc etc.
- ljm 8y agoIt's not really the same. Monzo's a bank capitalising somewhat on UK Open Banking legislation[1] and the fact that traditional banks are very slow to move with the times. It's not a SaaS product, they're likely one of if not the first movers in the market. There are competitors (Monese, Tide for business, N26 is coming at some point soon). UK fintech is pretty vibrant. You would hope that Monzo is easy to replicate well because that means you have more modern banks to choose from. [1] https://www.openbanking.org.uk https://www.openbanking.org.uk
- bleigh0 8y agoStripe invested in Monzo's last round I think!
- mholt 8y agoWould these cards work with more vendors than Privacy.com cards? Many web services, for example, reject Privacy cards because they show up as "prepaid" cards.
- degenerate 8y agoThis is my question too. I want to know how these generated Stripe cards are classified by the major credit card processors, because generated cards often get declined if determined to be temporary/gift cards.
- lachyg 8y agoIt depends on the type of card issued/use case, but prepaid cards issued through Stripe Issuing would still have that same challenge :-( We agree it's a pretty sub-optimal user experience. (That said, given many of these businesses may be on Stripe, we should have more ability to work with them to improve the experience for customers...)
- cube2222 8y agoCongrats on the new product! Do you have any timeline on when you'll start offering your services in Poland? I'm always amazed at the quality of your offering, but always sad that I can't use them.
- speeq 8y agoWould this work in conjunction with Stripe Connect? E.g. for a marketplace-like service but instead of sending payouts, issue custom cards?
- TheTaytay 8y agoThis is really impressive, like the rest of the Stripe API! Although many people here are asking about creating virtual banks and issuing cards to customers, it appears that the intended audience of this API is a business that has a Stripe account, that wants to be able to issue cards to employees/trusted officials that charge against that single Stripe account. There is no mention of issuing cards to external customers that link against their own, external accounts, right? I ask because the webhook that Stripe fires at purchase time is fantastic, and you could build some great things if their API gave you access to authorized real-time purchase data for customers. This doesn't appear to facilitate that though. Does anyone know of an API that would allow a Credit Card user the ability to grant real-time webhooks to a 3rd party as they swipe their card? The closest I've ever found would be setting up spending email spending alerts (that certain banks allow), and then forwarding the emails to said 3rd party. It's clunky, and would only work with a few banks. Something like this issuing API would work if Stripe allowed you to issue a card that was linked to a customer's existing card/account. They'd basically be saying, "If I swipe _this_ card that you sent me, I'm agreeing to let you get notified." The other way I've considered would involve creating your own bank and issuing your own cards, but that's real work on both the developer and the customer's part :)
- lachyg 8y ago(I work on Stripe Issuing.) We've been primarily focused to date on companies where issuing cards is core to providing their business to customers, for example a startup that provides expensing customers, or a platform that needs to purchase goods in the real world. We're less focused on a business just using it for their own expensing (as we don't have receipt upload functionality, etc). To your two other questions though: (1) Could users approve things in real time? Sort of. We provide the ability (as you noticed) through API, but it needs to be responded to in < 2s, which means it's not possible for a human to be in the flow. (2) Could this be linked to an external bank account? Again, sort of. To get in the weeds: as soon as we approve an authorization, we're on the hook for those funds. A debit to an external balance (or bank account) may fail and Stripe would be on the line. This is why we typically require funds to be in a Stripe account prior to purchases taking place.
- dawhizkid 8y agoVery cool. I'm wondering if the future of banking is actually online credit unions created using something like this.
- _eht 8y agoGoogle (and likely others) tend to block these types of virtual cards, similar to how they block Twilio generated phone numbers from being used in registration. How do you ensure the card numbers will be respected? Last time I asked this in another thread I got one response that indicated it may be to prevent card number inception, of sorts... https://news.ycombinator.com/item?id=17524398 https://news.ycombinator.com/item?id=17524398
- champion15 8y agoI believe Visa and MasterCard merchant agreements prohibit retailers from denying specific cards. That's why AMC theaters can't block MoviePass customers from purchasing tickets, because they are regular MasterCard credit cards.
- mcculley 8y agoThis looks really intriguing. I wish it provided some clues on pricing (e.g., order of magnitude numbers on what it will cost to issue a card, monthly fees per card?). That would help one better determine what kinds of business models could use it.
- dawhizkid 8y agoIs this what Marqeta does?
- faet 8y agoMarqeta has a iirc ~$10k setup fee. I'm hoping that this is much more reasonable.
- paloaltokid 8y agoAlmost - Marqeta’s offering is more advanced and mature. I don’t doubt that this is causing some waves there though. Stripe is now a very serious competitor of theirs.
- tluyben2 8y agoMarqeta is US only currently; they say end of the year maybe EU. They have not been very helpful so far either; when talking with them, it feels like talking to a huge, stodgy bank.
- toadal 8y agoThey are in the US, Canada and I know they are in Europe. Will launch in a few months because we are working with them. They're awesome.
- Sytten 8y agoI wonder if this would be a good replacement for GPS for new digital banks. I would love to say goodbye to their unstable service and SOAP API.
- Fellshard 8y agoAs someone who's been integrating with a major card provider's virtual card SOAP API, this. This looks like magic in comparison, shaving off pounds of SOAP bloat.
- aloukissas 8y agoA couple of very important questions, which are not addressed on the landing page: 1. Who is the back-end issuer of the cards? 2. Are we talking credit, debit, or both? 3. What are the associated fees (issuance, re-issuance, branded issuance, charges)? 4. Is there any interchange revenue-sharing and if so, in what percentage?
- Jdam 8y agoOn the landing page, you can see that it’s debit.
- aloukissas 8y agoReally? It may be an A/B test with different copy, because I don't see anything.
- teraflop 8y agoI don't see anything on the landing page either, but this text from the "overview" page of the documentation seems to imply debit: > When an issued card is used to make a purchase, an authorization request is created. If approved, the authorized amount is held in reserve from your account balance. [...] The merchant then captures (clears) the authorization, at which point a transaction is created and the held funds are deducted from your account.
- brentjanderson 8y agoThis implies debit as the underlying mechanism for completing the transaction, however one could presumably build a credit-based business using these cards. If XYZ company issues a Stripe card under a credit model, then XYZ company would be footing the bill using their Stripe balance, and the cardholder would then have a credit balance with XYZ company.
- kosinus 8y agoI think they were referring to the little card animation on the side, that shows a card with Visa debit at some point. (Note sure if that also answers backend issuer. There's also one with Mastercard in the animation.)
- rb808 8y agoAre CC numbers always unique? Or can there be multiple people with the same number but different expiry codes (or others). I always wondered if we'd run out of cc numbers. 10^16 is a big number, but take out the checksums and unused blocks I'd guess we're down to only a few thousand per person.
- dsnuh 8y agoEach issuer has 1 trillion possible account numbers.[0] [0]https://www.creditcards.com/credit-card-news/credit-card-appearance-1268.php https://www.creditcards.com/credit-card-news/credit-card-app...
- anonytrary 8y agoI don't think that refutes OP's point. 10^12 is not that much, actually. That would mean that everyone in the world today gets only ~100 numbers (not even including offspring situations).
- dsnuh 8y agoThis is per issuer, so each issuer has a trillion card numbers at their disposal. Plus, the population that is eligible for credit doesn't equal total population of the planet.
- anonytrary 8y agoI see, by issuer do you mean "Visa", "MasterCard", etc.? Because there are only a handful of those. > Plus, the population that is eligible for credit doesn't equal total population of the planet. True, I'm talking about a hypothetical "maximal usage" future.
- dsnuh 8y agoThere may be only a handful that are well known, but that doesn't mean that there aren't more possible issuer numbers available. The first six digits make up the issuer identifier, so there are 10^6 possible issuers. Sure, it's not ipv6 level address space (2^128), but ~10,000,000,000,000,000 possible card numbers seems like it should last many lifetimes, especially if you consider that card numbers could be recycled/reassigned, and if we ever approached the point where running out of numbers was within imagination, we would come up with a new scheme that allowed for a few new digits. My guess is the credit card itself as a concept will be long gone before the numbers are all used up.
- faet 8y agoWill this be opened up for all stripe customers or will it remain invite only? If so, is there a planned date?
- lachyg 8y ago(I work on Issuing.) Our product philosophy is making things as widely available as possible; we won’t be shy about letting the world know when we do.
- Artemis2 8y agoDoes Stripe bypass card networks when processing these cards for Stripe merchants? That would be very cool.
- sjclemmy 8y agoI've worked extensively in the card manufacture business. Does anyone know who manufactures and fulfils the card orders?
- kyledrake 8y agoI would love an app that would allow me to dynamically generate business credit cards for use with paying stuff online. Whenever one of my 20+ recurring payments get compromised, I then have to spend half a day going through all my recurring payments providers and re-issuing with a new card. I would much rather have one card for each one. There was a startup working on this but unfortunately they closed down before they launched. I still think this is a really interesting idea and someone should implement it. I suppose you could just use the Stripe API for most of the heavy lifting. I would actually start this company, I think it's that good of an idea, but unfortunately I'm little busy at the moment.
- lachyg 8y ago(I work on Issuing.) Check out https://emburse.com/ https://emburse.com/ -- they do this really well (and are a user!).
- feistypharit 8y agoCheck out privacy.com. they're debit cards technically, but most places accept them as credit with no issue.
- noahmbarr 8y agoCheck out teampay.co
- lilcorey10 8y agoWhat gap in the market is Stripe filling? I'm not entirely sure what Stripe does.
- Animats 8y agoI've been on the site for five minutes and haven't found the pricing. Not a good sign.
- tills13 8y agoif you have to ask it's probably not for you
- edpichler 8y agoWow! This is so cool that I am a little sad for currently not having a problem to solve with this yet! I really like Stripe.
- throwaway2016a 8y agoHaving worked in the payment industry I'm not "too" impressed they did this from a technical standpoint (I've seen small startups do similar) but to make it easily available via Stripe's awesome APIs is pretty great. I would love to see details on pricing. How much a card costs, how much a virtual number costs, how if at all issuers can monetize (i.e. do I get a cut of the transaction fees?), etc.
- vijayagrawal18 8y agoSimilar to what privacy.com does for consumers
- andrewkslv 8y agoAwesome! Now it's official. I worked on MVP with Stripe Issuing API. That was a cool experience.
- amluto 8y agoWill these cards work at ATMs? If so, I can imagine that they’d be quite useful as a way to distribute petty cash.
- kiostech 8y agoThis is pretty cool. But I would like to know more about the penalty interest rate and the credit card bill payment (which the docs completely didn't mention)
- dustyburwell 8y agoAs I understand it, the debits come from an existing stripe balance attached to a bank account. You can’t take on a negative balance so there’s no interest rate or bill to pay (outside of the fees and whatnot associated with using the API, top ups, etc)
- kiostech 8y agoI see the man. So technically, it is a debit card instead of a credit card. Anyway, thanks for your reply.
- dustyburwell 8y agoFrom the perspective of the business issuing the cards, basically. But, from the perspective of the customers of _that_ business, it depends on how they set up the rules.
- kiostech 8y agoHaha, that mean I can lending loan to somebody now without any government regulation lol....
- anonytrary 8y agoI've had pretty bad experiences with Stripe in the past, which is why I switched to Braintree. Stripe has abysmal support for square use-cases that don't fit their circular criteria. Nevertheless, this is one development that makes me interested in Stripe again. I'm looking forward to using this at some point in the future when they open this up out of friends-frist mode.
- edwinwee 8y agoHrm, I'm really sorry to hear about these bad experiences. Could you share more with me? I'd like to look into them. edwin@stripe.com
- krisgenre 8y agoOn a side note, the card animation is interesting. I thought it would be some GIF but the text is actually selectable!.
- zaarn 8y agoI wonder if it would be feasible to use this as personal service, ie issue a card for each online shop or service I use and generate myself the bills and reports for that... Though I don't think it's meant to be ~~ab~~used for personal gain...
- bosky101 8y agoWill keep an eye out in the coming weeks for: Setting the balance or editing it (could find nothing on it, maybe it was by invite) Are the funds reduced from your income? Guess there will be API's to move funds between acceptance and issuing Webhook on the settled amount of every swipe (for several MCC's this changes considerably) I see active/inactive which block the card, maybe a call to disable/enable transactions will help Requesting Stripe to considering getting the CVV/CVC as a separate GET call for security reasons a lambda'esque authorization code editor with custom logic rather than setting mcc rules may open up more use cases And Stripe - please ping me when you launch this in India or start issuing with an international BIN :D For anyone looking for a service like this in India, checkout https://platformdocs.bon.pe/ It also has an API to create "paylater" cards. In which case during the authorization of every swipe - an auction takes place between lenders to decide who gets to fund that transaction based on a custom credit score, mcc, and interest rate bids for that mcc. Bon works with a bunch of gig economies here already. ~Bosky
- janeroe 8y agoFedora 28, Firefox 61. The linked page is too webscale for my browser, the tab crashes after a dozen seconds of scrolling.
- tluyben2 8y agoExcellent, but invite only and I couldn't change my country in the country dropdown so not sure if I will ever get an invite... Does anyone knows an easily accessable version of this product for the UK and/or EU? So far either it's not available in the EU or you have to jump through a lot of hoops with the existing providers I tried to even make a simply PoC. Not even for rollout but an entirely, no risk to them, PoC. I am looking for a B2B solution; I am not a consumer looking for virtual cards; I need this for my clients. Anyone knows any API that will let me do a PoC so I can test it out in the real world? I have clients looking for this kind of solution, but haven't been able to find anything that I can even check if it works at all. This looks perfect though.
- geekers 8y agoSome more insight into how cards are fulfilled would be nice, virtual I get but how are we going to be able to customize card design (kind of don't want an ugly card for my users), since there are many card types and will he card support NFC? This seems very early and lots of stuff needs to be thought out, for our use case we need details before evaluating this.
- stolsvik 8y agoWhat's in it for them? Where's the business model for Stripe? I find it extremely annoying that companies - any company - just can't be totally upfront about this. "We earn money from this by you having to fund these cards using an account you must have with us, where we get interests. Also by the merchants where the card is used, which have to pay from 1,5% to 3,5% in processing fees" etc. Shouldn't be too hard - I guess they already have this in some PowerPoint laying around.
- oldandlesswise 8y agothis is really cool and I have a couple of good ideas about how I could use this. Question is - how much does it cost for the card? Minimum volumes ? When a card is issued - do we get the card number back? e.g Could I use the card number for something else like a loyalty card.
- deleted 8y ago[deleted]