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A 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
by aloukissas 8y ago
A 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.)
- aloukissas 8y agoMostly, as a user, the main thing that I'm looking at is interchange revenue sharing (the main thing that makes a difference). This can vary for personal and business cards and can be a non-trivial revenue source. If this is not competitive, having the well-known Stripe integration convenience doesn't go that far. I'd rather suck it up and work with an old-school CC vendor if this means the company gets a better interchange rev-share.
- dbbk 8y agoMastercard's prepaid debit cards are quite popular with fintech startups.
- umurkontaci 8y agoFrom docs: "Learn how to create cardholders and issue credit cards to them." Landing page have multiple cards of different types, including debit and credit.