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Re:Stripe Issuing – An API for creating physical and virtual... by mnehring on Thursday July 26, 2018 @03:06PM (#17620036)
Hey Lachyg - it seems that this is designed party to allow companies to issue cards on behalf of their customers. Is there a way to draw the funds directly from the customer's checking account? Potentially being on the hook for a charge if something goes funky with the customer seems like a big risk for the Stripe Issuing user.

Also, my understanding of payments is that the issuing bank is a big recipient of the fees that merchants pay. (This is of course what makes rewards cards possible.) In this case, Stripe is the issuing bank, so presumably gets a big chunk of the fees. Are there plans to share that with the Stripe Issuing developer? (For example, let's say I plan to launch the Zip Line Adventure Bonus Card - ZLABC. For every dollar a ZLABC customer spends, they get a point, and after 10,000 points I pay for them to go on a zip line adventure at a partner park. As a normal bank, I could fund that because I get somewhere in the 1%-2% of each transaction that my customer spends. In this case, Stripe gets it, but if Stripe shares some of that with me, I could find my wacky wimpy rewards card idea.)

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