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Re:What Working At Stripe Has Been Like by abstractbarista on Thursday October 08, 2020 @07:10PM (#24724935)
Transferring those bits with just the right logic for each transaction scenario is what still costs something. I'm sure the margin is massively excessive today. But I don't think it can be quite 'effectively free'.
Re:What Working At Stripe Has Been Like by Waterluvian on Thursday October 08, 2020 @07:12PM (#24724957)
Debit e-transfers in Canada are free (and have been around a long time). It makes the Venmo thing a real head scratcher.
Re:What Working At Stripe Has Been Like by mcpherrinm on Thursday October 08, 2020 @08:26PM (#24725463)
They're only free in certain circumstances: personal transfers, and only for some bank accounts. It wasn't that long ago that all e-transfers cost $1, which makes them pretty impractical for giving a few bucks to a friend to split a pizza or whatever. Venmo's been around longer than free e-transfers.
Re:What Working At Stripe Has Been Like by wolco2 on Friday October 09, 2020 @12:09AM (#24726724)
I pay for each etransfer what bank are you with?
Re:What Working At Stripe Has Been Like by Waterluvian on Friday October 09, 2020 @12:02PM (#24731215)
Really? I thought it was universally free.

Simplii, TD, Scotiabank.