andreyka26_se

Right now I'm learning a bit of domain knowledge about how Payment Gateways like Stripe work to not fuckup when I publish System Design Solution here. SO:

228 viewsedited 01:07

andreyka26_se

When customer submits card details to Stripe willing to pay merchant for his goods, what Stripe does FIRST to capture money from the customer?
(first should be authorization transaction)

Anonymous Poll

47%

contacts customer's (issuing) bank, that issued card

35%

contacts Card Network

contacts Stripe's bank (receiving)

12%

contacts Merchant's (Goods/Services owner) bank

34 voters233 views01:11

andreyka26_se

Where Stripe transfers money when customer pays for goods?

Anonymous Poll

47%

Merchant's (goods/services) bank

33%

Stripe's bank

11%

Stripes internal database

Any Local bank in Customers Region

36 voters243 views01:14

andreyka26_se

Terminology:
Stripe - payment gateway
Merchant - the guy selling goods or services
Customer - the guy buying goods or services from Merchant

Issuing / customer's bank - the bank that issued card to customer, that he pays with
Merchant's bank - the bank where merchant receives money when customer pays for it

👍1

247 views01:16

andreyka26_se

Don't worry, by the end of the day the answers to the poll will be revealed :)
But that is interesting how people's opinions diverge

227 views15:30

andreyka26_se

When customer submits card details to Stripe willing to pay merchant for his goods, what Stripe does FIRST to capture money from the customer?
(first should be authorization transaction)

Here the correct answer is Card Network, e.g. Visa or Mastercard, this is what first would be called. Cause Stripe might not have integration with customer's bank + it has only card details, it does not have an bank account. Whenever you charge from card you pretty much always work through the Card Network.

You can imagine Mastercard or Visa as a bridge that transfers money from customer's account (card holder) to Stripe's account

🔥2

225 viewsedited 00:09

andreyka26_se

Where Stripe transfers money when customer pays for goods?

The money is transferred to Stripe's bank account (it has multiple in different regions). If it would directly transfer to merchant - how would it collect fee/interest then?

🔥2

230 views00:10

andreyka26_se

Daily

Mid, but it is close to hard I would say for building an intuition

https://leetcode.com/problems/minimum-operations-to-convert-all-elements-to-zero/description/?envType=daily-question&envId=2025-11-10

#daily #medium

🔥2

245 views11:23

andreyka26_se

Gmail, seems to put some sort of "agent" inside. It detected that I mentioned "attached", then detected that nothing is attached and warned me with alert()

250 views12:53

andreyka26_se

Gmail, seems to put some sort of "agent" inside. It detected that I mentioned "attached", then detected that nothing is attached and warned me with alert()

I would understand if it was Outlook, but GMAIL, I want to believe they didn't do it like that xD

251 views14:10

andreyka26_se