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You're saying Stripe would process directly when their own card is used on their own network, and then outside the network they'd process through visa/mc?
by Domenic_S 8y ago
You're saying Stripe would process directly when their own card is used on their own network, and then outside the network they'd process through visa/mc?
- password03 8y agoWell something like that depending on the Stripe infrastructure. That currently happens when an issuer card is used in a merchant that is acquired/processed with the same issuing bank. It is called an "on us" transaction and doesn't need to fire through the card scheme rails.
- jjeaff 8y agoI assume that still incurs a visa fee. Perhaps just bypasses the underwriting. Otherwise, I can't imagine visa would allow this.
- password03 8y agoI can't see how they could disallow it to be honest. That would be seriously anti-competitive.