[HN Gopher] Link: Simple, secure one-click payments by Stripe
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Link: Simple, secure one-click payments by Stripe
Author : coloneltcb
Score : 52 points
Date : 2022-04-14 18:02 UTC (4 hours ago)
(HTM) web link (link.co)
(TXT) w3m dump (link.co)
| mooreds wrote:
| Come one, come all for the _fast_ jokes.
|
| But seriously, I wonder if they had to pay Amazon; wasn't there a
| patent on one-click checkout? Looks like there was some back and
| forth but if it is in a cart, Amazon has it patented:
| https://en.wikipedia.org/wiki/1-Click
| imwm wrote:
| Expired in 2017 which led to the recent rise of one-click
| checkout startups
| 4lejandrito wrote:
| I have no idea about the US patent system. But it sounds so
| weird to me that only Amazon could do this for 20 years. It
| seems like a simple feature to implement for any e-commerce
| platform.
|
| Did this patent apply also for non US companies?
| Twirrim wrote:
| Patents are valid for 20 years, the patent for 1-click expired
| in 2019.
|
| Huh, nope 2017? https://www.businessinsider.com/amazons-patent-
| on-one-click-...
| edwinwee wrote:
| Edwin from Stripe here. This isn't really new--we first
| introduced saved payment info in 2014 but started renaming it
| last year
| (https://twitter.com/patrickc/status/1375611432331407363). The
| linked page is a support portal to let customers manage their
| saved payment methods.
| cmckn wrote:
| It's wild to me that "one-click buy" has somehow become a product
| category. If an online retailer already has your payment info and
| shipping details, it is trivial to offer a one-click experience,
| is it not? Couldn't PayPal offer this and leverage all their
| existing integrations? Why haven't they?
| rco8786 wrote:
| Yea I'm right there with you. This is a feature parading as an
| industry.
| paxys wrote:
| > If an online retailer already has your payment info and
| shipping details
|
| This is specifically for the case where the retailer _does not_
| want to store these details. Heck they can even get away with
| not building a user account system at all. Just a store
| listings page and a few lines of code imported from Stripe.
| cmckn wrote:
| Totally fair, but this doesn't clarify why a company like
| Fast needed to exist. It seems the existing payment
| processors are able to add this feature rather easily, and I
| don't see how a new player would be able to get over the
| integration hurdle to supplant PayPay/Stripe/AmazonPay/etc.
| stu2b50 wrote:
| It was patent-locked until a few years ago thanks to Amazon,
| but beyond that, handling payment information is a pretty hairy
| process. Credit card numbers are considered to be PCI and the
| network subject you to annoying audits and processes to be able
| to store it.
|
| So, for one thing, it's not possible for retailers because very
| few (probably none) store payment credentials anymore. Too
| expensive - that's what payment processors are for.
|
| For payment processors themselves, clearly they can, it's the
| subject of the parent post, but there are regulatory hurdles.
| guzik wrote:
| Something is really off under phone number validator. I can't
| type my 9 digit mobile phone number for +48 (Poland).
| rvz wrote:
| Waited for Fast to shutdown first.
|
| So, I guess that slow and steady wins the race. Not the Fast and
| the Furious.
| misterbwong wrote:
| Isn't this basically fast with a different name?
| edwinwee wrote:
| (Dupe, see old thread from this morning:
| https://news.ycombinator.com/item?id=31028131.)
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(page generated 2022-04-14 23:01 UTC)