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> Several large new customers have also been listed on Stripe's website this week, including Alphabet Inc.’s Google and Uber Technologies Inc. If Uber is now r

> Several large new customers have also been listed on Stripe's website this week, including Alphabet Inc.’s Google and Uber Technologies Inc. If Uber is now running payments exclusively through Stripe instead of Braintree, that is a significant blow. I heard that Uber's payments through Braintree was a significant portion of Braintree's total revenue, don't recall the exact number I heard, but it was something on the order of 25% to 40%.

djajshgsjja 8y ago
I wouldn’t assume it’s exclusive. At the scale of Uber, it may be worth keeping both systems running and split usage between the two to negotiate the best rates.
- dajohnson89 8y ago
  That also has the benefit of system redundancy, in case one goes down.
  - captain_perl 8y ago
    Large companies typically do payments in batches, not one-by-one, so the redundancy is not needed. However, if they're trying to do per ride auths, then they might need redundancy there. Hard to imagine they do that.
    - philip1209 8y ago
      I don't think they auth per ride. I definitely had a "you owe us money" flow after getting food successfully delivered though Uber eats on a deactivated card.
      - adw 8y ago
        I get push notifications on auth on both my debit and credit cards. Weak evidence, but my hunch based on what I see there is that there's some dollar value where they pre-auth (somewhere around $25, I think).
  - zck 8y ago
    "Goes down" could include things like "we're going to increase your pricing by 10 cents per charge". It's a much stronger negotiating position that Uber is in if they can say "we can switch 100% of our volume to Stripe in a minute by going to admin.uber.com and flipping a single feature flag".
    - adtac 8y ago
      Or even better: "we automatically route traffic to the cheaper option and this requires no human intervention, so don't even bother"
- SkyPuncher 8y ago
  True, but they are also at a scale where they can negotiate long term rates and contracts for predictable, long-term results for both sides.
- cloakedarbiter 8y ago
  > I wouldn’t assume it’s exclusive. Ahh yeah, and also at the international scale. The article also states that Stripe is expanding internationally (Didi Chuxing, Grab), so it could be that Stripe handles Uber's international payments, whereas Braintree handles the U.S. ones.
physcab 8y ago
A lot of companies will have different payment solutions to deal with fraud and rebill failures. A charge may get rejected by one gateway and then accepted by the second or third.
httpz 8y ago
Though Uber did add pay with Venmo, which is owned by Braintree/PayPal.
deleted 8y ago
[deleted]
pxtail 8y ago
I'm wondering when somebody from Braintree/PayPal will wake up and realize that this "developers first" strategy pays of and actually works.
sleepyhead 8y ago
Uhm isn't Uber using Adyen?

djajshgsjja 8y ago

I wouldn’t assume it’s exclusive. At the scale of Uber, it may be worth keeping both systems running and split usage between the two to negotiate the best rates.

dajohnson89 8y ago
That also has the benefit of system redundancy, in case one goes down.
- captain_perl 8y ago
  Large companies typically do payments in batches, not one-by-one, so the redundancy is not needed. However, if they're trying to do per ride auths, then they might need redundancy there. Hard to imagine they do that.
  - philip1209 8y ago
    I don't think they auth per ride. I definitely had a "you owe us money" flow after getting food successfully delivered though Uber eats on a deactivated card.
    - adw 8y ago
      I get push notifications on auth on both my debit and credit cards. Weak evidence, but my hunch based on what I see there is that there's some dollar value where they pre-auth (somewhere around $25, I think).
- zck 8y ago
  "Goes down" could include things like "we're going to increase your pricing by 10 cents per charge". It's a much stronger negotiating position that Uber is in if they can say "we can switch 100% of our volume to Stripe in a minute by going to admin.uber.com and flipping a single feature flag".
  - adtac 8y ago
    Or even better: "we automatically route traffic to the cheaper option and this requires no human intervention, so don't even bother"
SkyPuncher 8y ago
True, but they are also at a scale where they can negotiate long term rates and contracts for predictable, long-term results for both sides.
cloakedarbiter 8y ago
> I wouldn’t assume it’s exclusive. Ahh yeah, and also at the international scale. The article also states that Stripe is expanding internationally (Didi Chuxing, Grab), so it could be that Stripe handles Uber's international payments, whereas Braintree handles the U.S. ones.

physcab 8y ago

A lot of companies will have different payment solutions to deal with fraud and rebill failures. A charge may get rejected by one gateway and then accepted by the second or third.

httpz 8y ago

Though Uber did add pay with Venmo, which is owned by Braintree/PayPal.

deleted 8y ago

[deleted]

pxtail 8y ago

I'm wondering when somebody from Braintree/PayPal will wake up and realize that this "developers first" strategy pays of and actually works.

sleepyhead 8y ago

Uhm isn't Uber using Adyen?