Instacart Is Raising North of $100M at a $2B Valuation

Re:Instacart Is Raising North of $100M at a $2B Valuation by anurag on Saturday December 06, 2014 @07:05PM (#8710685)

I work at Stripe (we handle credit card payments for Instacart). Have you checked the cashback situation recently? AFAIK, IC charges have been coming through as groceries for at least a few months now. Happy to dig further if you'd like to email me at [email protected].

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Re:Instacart Is Raising North of $100M at a $2B Valuation by encoderer on Saturday December 06, 2014 @11:43PM (#8711271)

Oh, awesome. Thank you for mentioning this. Looking on Amex, I can see recent charges coming thru as Grocery, starting in October it looks like?

AFAIK, I won't be able to see if Amex gives 6% on these until my statement cuts in Dec (it's done in arrears), so I'll watch for that later this month.

Thanks, and thanks for fixing this! Is this just a special accommodation for InstaCart? These industry-specific rewards are common across many verticals.

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Re:Instacart Is Raising North of $100M at a $2B Valuation by anurag on Sunday December 07, 2014 @02:03AM (#8711524)

Good to know! The fix isn't specific to Instacart though; industry-specific settings now apply to all Stripe merchants, and have for a while. Hope Amex comes through on the cashback!

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