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parito commented on Stripe migrates Stripe Subscriptions users to more expensive Stripe Billing   stripe.com/billing... · Posted by u/corentin88
pc · 5 years ago
(Stripe cofounder.)

Hi folks -- as Edwin points out elsewhere in the thread, the article title isn't accurate. (I'll update or delete my comment if it's fixed.)

[Update: it was changed. It used to read "Stripe is now charging 0.5% more for recurring charges."]

You can happily make recurring charges yourself and no additional fees are incurred. Lots of Stripe customers do this and we don't charge anything extra for it.

If you decide to use Stripe Billing, which is a separate product, we charge for that. Stripe Billing's pricing hasn't changed in a few years. What's changing is that we're ending the several-year grace period where we didn't charge anything for Stripe Billing for businesses who started to use this functionality before 2018.

Charging for Billing helps us fund a lot more investment in it -- we've gone from very basic cron-like functionality to a pretty full-featured subscriptions management tool. (You can read more at https://stripe.com/billing.) Billing is now sophisticated enough that companies like Slack and Atlassian are using and paying for it. We've built things like "Smart Dunning" (which improves revenue recovery for failed charges by about 14%), better analytics, international payment method and invoicing support, and a whole host of other features. There are now more than 30 people working on improving Billing.

Importantly, Stripe Billing is (and will remain) significantly cheaper than most of the other competitors in the space.

parito · 5 years ago
hi Patrick,

For some reason your designers have decided that your website should pick a language based on the ip address.

Stop guessing a language :)

https://news.ycombinator.com/item?id=23216502

https://news.ycombinator.com/item?id=14175238

parito commented on Ask HN: What VPN service are you currently using?    · Posted by u/_7bva
parito · 7 years ago
Surfshark.

1. IKEv2 and OPENVPN both supported 2. I did not find many VPN's that actually have Linux app (they do) 3. Good price 4. NOT a US based company 5. Very fast updates - I keep receiving new updates weekly

parito commented on EBay to Ditch PayPal for Dutch Payment Processor Adyen   bloomberg.com/news/articl... · Posted by u/watchdogtimer
superplussed · 8 years ago
phew :)
parito · 8 years ago
yes, I meant adyen, not stripe, sorry for confusion
parito commented on EBay to Ditch PayPal for Dutch Payment Processor Adyen   bloomberg.com/news/articl... · Posted by u/watchdogtimer
ftoo · 8 years ago
Wouldn’t they simply require a reserve that is proportional to the amount you’re charging for the recurring payment?
parito · 8 years ago
Usually most PSP's do have some reserve rule, like keeping the 5% up to an X amount of sum, but with Adyen their team calculated the X amount to be in the millions - not one PSP (and we worked with all of them) had this.
parito commented on EBay to Ditch PayPal for Dutch Payment Processor Adyen   bloomberg.com/news/articl... · Posted by u/watchdogtimer
parito · 8 years ago
One of the bigger drawbacks of Adyen vs Stripe, although we wanted to work with them a lot, is, they require a crazy reserve (in the millions) if your model is subscription based. The logic behind it from them is, that they must be able to refund all your customers in case you go bankrupt, and you have subscribers left hanging without full-filled service they paid in advance for.

Although I get the logic behind it, not one other PSP requires such a huge reserve, therefore we decided not to work with them.

Todays payments world is v competitive and players like checkout.com and many others are v aggresive trying to disrupt stripe's dominance in this area

parito commented on Uber confirms SoftBank has agreed to invest   techcrunch.com/2017/11/12... · Posted by u/heshamg
parito · 8 years ago
It's interesting to note that just recently we had an article about taking money from the countries with abysmal human rights record, especially when you don't really need that money to survive.

Softbank is 50 % saudi arabia public funds money.

parito commented on PureVPN Logs Helped FBI Net Alleged Cyberstalker   torrentfreak.com/purevpn-... · Posted by u/sparklemarkle
pawelkomarnicki · 8 years ago
Didn't China just recently ban VPNs?
parito · 8 years ago
They "ban" them for the last 20 years, but it's like baning encryption. Cat is already out of the bag.
parito commented on PureVPN Logs Helped FBI Net Alleged Cyberstalker   torrentfreak.com/purevpn-... · Posted by u/sparklemarkle
donquichotte · 8 years ago
> vpn provider can easy break your crypto if they need to, mitm you and get cleartext 'records' from live data.

Could you elaborate on that? I'm going to China soon and don't know if I should trust commercial VPN providers. I was under the impression that if I use SSL/TLS it's impossible to MITM my connection.

parito · 8 years ago
Hey,

It's not that simple - it depends on the implementation, otherwise if your browser trusts root cert which was issued by chinese gov, what's to stop them doing the mitm? I mean, they issued the cert.

However to mitigate this, VPN providers (some of them) implement checks to make sure they only trust particular root certs, which makes doing mitm much harder.

Re your trip to China I would not be worried about that though - 30 % of Internet users in China are using VPN's daily so it's not like you will be flagged and get locked for using a VPN. Pick one of the reputable ones (NordVPN?) and you should be good.

parito commented on Spain Fines Facebook Over Tracking Users Without Consent   tomshardware.com/news/spa... · Posted by u/thg
alexasmyths · 9 years ago
Finland is smaller than Los Angeles.

Neither it, nor even Germany/UK/France have a critical mass of tech people or early adopters.

There isn't very strong 'startup culture' anywhere in Europe, unfortnately.

You listed basically all of the notable startups to come out of Europe in one sentence, which is not good.

I've lived all over Europe as well as the US, I'm aware of the differences.

There just isn't a strong cluster of tech-types, nor strong movements of early adopters for most things in Europe.

I will give you Skype though - Skype was a huge hit in Europe in 2004, especially because calling/long-distance rates were so crazy expensive - that's actually a pretty good example of a Euro-based startup hitting the local market well - i.e. 'in their pocket books' where it matters, in a way that kind of transcends national boundaries.

A startup that conquers fast/easy/cheap currency exchange, I think will likely do well in Europe as well.

But it's hard to build early adopters there, unless you hit it right.

parito · 9 years ago
> A startup that conquers fast/easy/cheap currency exchange, I think will likely do well in Europe as well.

^ This is what Revolut is doing right now in europe

parito commented on VPN Report – Reviews of the top VPNs   vpnreport.org... · Posted by u/mobitar
parito · 9 years ago
What this review really lacks is the additional features VPN's can provide, such as malware and fishing protection, location diversity, scale, jurisdiction, protocols supported, etc etc.

I am a happy user of NordVPN with all of the above points adressed by them really well. BTW the latest feature, CyberSEC also blocks ads which is a major plus for me, making the VPN that much faster.

[1] https://nordvpn.com/blog/security-feature-cybersec/

u/parito

KarmaCake day57October 17, 2016View Original