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A comment on Stripe raises $600M at nearly $36B valuation. Parent comment

Re:Stripe raises $600M at nearly $36B valuation by Cu3PO42 on Thursday April 16, 2020 @03:15PM (#22892492)
Other people have replied to your message already and pointed out that we do use cards, just not credit cards. I figured that was clear in my comment, but apparently it wasn't, so I'll go ahead and edit that.

As for why we're so cash positive: one of the factors is privacy. If you pay for everything electronically both your bank and merchants are in the position to build a profile on you. If you use a non-local scheme (e.g. MC or Visa), they can too.

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Re:Stripe raises $600M at nearly $36B valuation by xorcist on Friday April 17, 2020 @03:17AM (#22896909)
> we do use cards, just not credit cards. I figured that was clear in my comment,

I think the confusing part of your comment was where you consider non-credit cards (debit, prepaid etc.) to be distinct from VISA/Mastercard. That is not the case in most countries. It used to be the case in Germany, but is slowly changing as more and more debit cards are VISA/Mastercard cobranded.

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