What kind of useful information could someone derive from the delta?

If I'm understanding your comment correctly:

https://bfcm.stripe.dev/api/data

It does look cool, but I do find the 'Carbon removed' ticker slightly misleading. In what way does this reflect carbon removed? Surely carbon added to the atmosphere is broadly proportional to the total value of sales.

If you enter the wrong CVC or ZIP and it is declined, does that increment your blocked fraud counter?

Out of curiosity do you share the suspected fraud with law enforcement? At that amount there are probably too many to chase down so I’d think this is just an unprosecuted crime?

Can you estimate what proportion of fraud is automated/bot/scripted versus manual human interaction? Do you rely much on botnet detection or IP reputation?

There's a lot of fraud. Period.

I assumed stripe founders had offline business experience before stripe :) Online maybe increase it a little more and make it more risky to the business because of "card not present". But hardly new to online.

There's also a lot of false positives if you verify too much on data brokers, as you just mentioned you do, instead of talking to the issuing institution on fears of chargeback and rate hikes.

Fraud is typically very small dollar amounts used to test the card. Partially to try to go unnoticed but also to leave as much of the limit available as possible for intended purchases later.

GP got it wrong. These are transaction counts, not $ totals.

How are "climate contributions" defined? The IRA spends hundreds of billions on climate related projects. If those count those would exceed the fraud numbers by orders of magnitude.

False dichotomy, this an advertisement, would it be on the front page if it was just bare HTML instead of a pander-to-your-audience retro look?

Good design can establish identity without totally ruining the UX.

Your emotional response to the ways things look and feel is a "function" as valid as a button or a slider. Actually, it's more functional in the digital ecosystsm where everything is a symbolic abstraction of light except for your emotional response to their meanings-- it's in fact the only real outcome of the design intent.

So if you see it as a problem and not a strength of modern visual design you are fully clueless, no offense.

"You… go to your closet, and you select… I don’t know, that lumpy blue sweater, for instance, because you’re trying to tell the world that you take yourself too seriously to care about what you put on your back, but what you don’t know is that that sweater is not just blue, it’s not turquoise, it’s not lapis, it’s actually cerulean.

You’re also blithely unaware of the fact that, in 2002, Oscar de la Renta did a collection of cerulean gowns, and then I think it was Yves Saint Laurent, wasn’t it?… who showed cerulean military jackets... And then cerulean quickly showed up in the collections of eight different designers. Then it filtered down through the department stores and then trickled on down into some tragic casual corner where you, no doubt, fished it out of some clearance bin.

However, that blue represents millions of dollars of countless jobs, and it’s sort of comical how you think that you’ve made a choice that exempts you from the fashion industry when, in fact, you’re wearing a sweater that was selected for you by the people in this room… from a pile of 'stuff.'"

I wish this were true. I am dying for the late 90s/early 2000s weird web design, as I am so bored of the typical boring website design today.

Pretty sure no one outside of stripe has any use of real time revenue for only one day on an aggregated level. Doesnt have to be functional because people dont really "use" it. It is just for fun

The problem that people make quick judgements based on appearance is not modern. I also would like to just make things functional and have people quickly see the value, but unfortunately we're stuck with the need to also make things look cool.

Similar to the concept of “user as the product,” when data is made to look cool the purpose of the data is to attract attention, not be the object of attention.

Is any person looking at that “live dashboard” as an actionable data source?

I have a similar reaction.

If you want to go all the way into the consumer value matrix - Has anyone on HN ever had much a 2nd thought about whether or not their card would 'just work' out in the world?

I used to work in the actual room where acquirer links were monitored in real time 24/7/365. At least 8 people were in that room at any given time. I've never worked in nuclear power but I imagine you could draw some parallels.

This kind of reliability is not cheap or easy to come by. There isn't a clever technical trick you can employ to realize it. The only way to achieve the kinds of reliability we have in the world today still requires lots of human involvement throughout.

Does anyone dream of having a google-style support experience next time they are standing in line at the grocery store? This is basically what you are demanding when you say you want zero % fees on all transactions.

Well there’s the FedNow Service which will introduce instant payments. Should eliminate the need for parasitic credit card processing networks.

A good “FedNow” or instant payment provider can easily disrupt the debit and credit card processing companies. At most, businesses charged 5-10 cents per transaction.

No more dealing with credit card network fees. Chargeback fees. Exchange fees. Issuing bank fees. Premium card fees. Just a simple 5-10 cent per transaction. Only need a US bank account.

You chose the most expensive "routing", otherwise you would only have spent cents to send any amount.

Well i learned a different lesson. It's now extremely easy to set up a global transaction network, or you can choose from one of the thousands of existing ones. Maybe you mean the regulatory aspect, not the technical?

NPCI is state funded and runs at a loss. i.e. your taxes are paying for it.

A lot of the fee goes to the customer's bank that funded the transaction, which is what enables Credit Card rewards programs. If you limit that fee (like the E.U. has), Visa et al. don't go out of business, but then you won't see any similar level rewards programs like we have here in the US (e.g. 2% back on everything, or 3-5% on specific categories, etc).

There's plenty of things about modern finance you're free to complain about. Things we're largely forced to do with onerous and useless fees attached - Realtors taking 6% of multi-million dollar transactions for doing nearly nothing has been in the news recently.

Pretty sure nobody is forced to buy info products on Black Friday for an 80% discount.

>and enforce through monopoly government force!

???