Come on Aaron. As someone who formerly ran a payments company, you know that going direct from a credit card to a bank account is not possible with today's banking infrastructure. Of course the funds go to their account. You know that, but you're clearly trying to prove a point here. Please, do it somewhere else.
Of course it's possible. Stripe could give its processor the routing and account number of its customer to deposit the funds in in place of its own routing and account number. This is why the Department of the Treasury distinguishes between payment processing companies and money transmitters.
By the way, I still run a payments company, and you should not assume that you know what I know (or don't).
Looks like the HN backend needs another stealth founders-only feature: highlight known troublemakers to remind people to probably not interact with them unless you know you can win a pet argument.
I'd say it's more like asking a fellow air passenger, in earshot of others, whether that thing they just put to their lips is a candy cigarette or a real one.
Payments systems are complex and the regulations are complex. I don't think it's rude to ask questions about complex topics, and here I honestly do not know what Stripe is doing. As both a Stripe customer and competitor I have the right to ask.
"Stripe is not a bank or a money services business (“MSB”) and Stripe does not offer banking or MSB services as defined by the United States Department of Treasury."
