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edwinwee

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edwinarbus@openai.com

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stripe.com 2y ago

Shepherd: How Stripe adapted Chronon to scale ML feature development

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stripe.com 2y ago

The creator economy goes global

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stripe.com 3y ago

Expanding access to the future of work with crypto payouts

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104pts136
stripe.com 3y ago

How Stripe builds interactive docs with Markdoc

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twitter.com 3y ago

Stripe can critique your YC application live

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technically.dev 4y ago

APIs for the Rest of Us

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firstround.com 6y ago

From Instant Pot to Instagram: Critical Lessons in Startup Community Building

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stripe.com 7y ago

SCA, invoicing, and tax tools for Stripe Billing

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stripe.com 7y ago

New Stripe API Reference

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21pts3
www.wsj.com 8y ago

The SEC Has Had Its Own Questions About LaCroix

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3pts0
stripe.com 8y ago

Stripe Elements: Pre-built UI components to help you create checkout flows

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494pts122
readwise.io 8y ago

Readwise sends you a daily email resurfacing your best Kindle highlights

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increment.com 8y ago

The U.S. Government’s long road to adopting the cloud

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www.increment.com 9y ago

Stripe's new issue of Increment: Cloud

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stripe.com 9y ago

Stripe Sigma

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stri.pe 9y ago

Improving Stripe Connect to enable more platforms

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stripe.com 9y ago

Canadian businesses on Stripe can now accept 130+ currencies

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6pts0
stripe.com 9y ago

APIs, robustness, and idempotency

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280pts50
stripe.com 9y ago

A brand-new directory of apps that work with Stripe

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stri.pe 9y ago

Service discovery at Stripe

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171pts41

Sorry about that. We're also seeing a small handful of cases like this—it seems like there is some inconsistency in how IRS agents are handling. We're working on updating this guidance. (Ross—we're replying to our email thread now. And for any other Atlas founders who have questions about this in the meantime, you can reach us at atlas@stripe.com.)

(Edwin from Stripe here.) Worth noting this is copypasta from an older post from a month ago (https://piotrmierzejewski.com/p/card-networks-exploitation). We've fixed most of these issues since then. This type of card testing has dwindled—Radar should now be catching these types of attacks.

On the chargeback point—we hate chargebacks too and we want to limit them as much as possible (we're actually working on a few things over here that we think will help with this). The banks levy chargeback fees (in varying amounts) and an average of them show in the form of a $20 fee—it's not a Stripe-specific fee and we don't profit from chargebacks.

We've just finished company planning for the rest of the year and reducing this type of fraud is a top priority. So if you think you're seeing something similar, please email me at edwin@stripe.com.

"May have" because OP's HN name is "tempaccount3333", and I did ask them to email me once before, but I don't see anything—so I need them to reach out so I can identify their account and see what's going on.

There's no identifying info here (name or business) and we don't see any emails referencing this thread.

(Edwin from Stripe here.) I think we _may_ have chatted? (Hard to tell with tempaccount name.) Could you email me at edwin@stripe.com and link to this thread?

There are a bunch of factors—we look at your refund and chargeback rates, then your revenue and how much you have in your Stripe balance. For macro factors, the card networks may also sense an uptick in refund requests depending on the product/service you're selling.

That said, I see your email into our support team and we're taking another look at this now.

Fast 3 years ago

lol looking through my recruiting notes... no such thing has ever happened

(I work at Stripe and don’t want to publicly provide specifics for privacy reasons, but, yes, we’ve been in touch with OP already about their business model. If we assess customers are requesting refunds and filing disputes, funds are reserved so that all customers can receive refunds in a timely manner.)

“Do not honor” is a decline from the customer’s card issuer — they might think something’s off with the payment or there’s something up with the customer’s account. If you haven’t talked with our support team yet to dig in, could you email me at edwin@stripe.com?

Stripe is a direct network platform, meaning, we work with Visa, Mastercard, etc. and the charges are run directly through the card networks, which negates the need for a middle acquiring layer.

There is no company (that we're at least aware of) on Stripe that is using this combo of Stripe products and paying the "total cost" outlined in the post. Our pricing scales with the size (and needs) of the business. If a business on Stripe is large enough to use our highest billing tier, quotes, revenue recognition, and data pipeline together, then Stripe would've bundled the products together. (And then we charge for them at the end of the month with a volume-based rate of bundled products + payments.) These products are built for the companies who've asked us for these enterprise features and aren't necessarily meant to be used one-off, as the post implies.

There’s no charge to use Stripe after the $500 Atlas fee to form a company. What fees are you seeing? If you’ve maintained a presence in Delaware, perhaps you’re still paying for your registered agent? (You can also email me at edwin@stripe.com and we can look into this.)