[{"data":1,"prerenderedAt":385},["ShallowReactive",2],{"project-5026802":3},{"id":4,"name":5,"line":6,"line_source":7,"title":8,"url":9,"domain":9,"maker":10,"posted_at":11,"year":12,"points":13,"comments":14,"rank_in_year":15,"shown_in_year":16,"top":17,"tier":18,"category":19,"subcategory":20,"format":21,"keywords":22,"reception":27,"sentiment":28,"stance_mix":29,"scored_comments":34,"aspects":35,"strip":43,"post_text":46,"what":47,"said":66,"maker_in_thread":183,"shape":191,"grid":195,"attempts":346,"same_week":347,"maker_shows":44,"maker_hidden":376,"reader_version":377,"card":378},"5026802","Balanced Payouts","One curl command issues next-day ACH deposit","title","Show HN: One curl command issues next-day ACH deposit",null,"mahmoudimus",1357660983,2013,91,60,259,1739,15,"notable","web_saas","payouts api","api",[23,24,25,26],"ach deposit","ach payouts","next-day ach","payments api","curious",0.039,{"positive":30,"neutral":31,"mixed":32,"critical":33},8,20,2,6,36,{"design":36,"idea":38,"docs":39,"privacy":41,"performance":42},{"positive":32,"critical":37},1,{"positive":32,"critical":32},{"positive":37,"critical":40},0,{"positive":40,"critical":32},{"positive":40,"critical":37},[44,44,45,45,44,45,45,37,45,40,40,40,40,44,45,44,45,45,40,40,45,44,45,45,40,37,45,45,40,37,45,40,40,40,40,44,45,37,37,45],5,3,"At Balanced Payments YC W2011, we've been working on simplifying ACH deposits\nand we've managed to boil it down to one curl command.\n\nTell us what you think! Ultimately, our goal with this is to provide\nACH deposits for those who are already using existing processing\nsolutions, but want to pay their users or vendors via ACH instead.\n\nUS only - we're cooking up something for international.\n\nWithout further ado:\n\n\n```\n    curl https:\u002F\u002Fapi.balancedpayments.com\u002Fv1\u002Fcredits \\\n        -d amount=10000 \\\n        -d description=\"Math lesson\" \\\n        -d bank_account[name]=\"Johann Bernoulli\" \\\n        -",{"problem":48,"audience":54,"pricing":9,"motivation":58,"time_to_build":9,"stack":62,"openness":63,"stage":64,"team_size":65},{"value":49,"source":50,"evidence":51},"Paying users or vendors by ACH from an existing payment processing setup","maker",[52],{"id":53},"post",{"value":55,"source":50,"evidence":56},"Businesses already using payment processing that want to pay users or vendors via ACH",[57],{"id":53},{"value":59,"source":50,"evidence":60},"Simplify ACH deposits for those already using processing solutions who want to pay users or vendors via ACH",[61],{"id":53},[],"unknown","launched","company",{"praise":67,"objections":87,"requests":117,"questions":136,"alternatives":154},[68,76],{"value":69,"source":70,"evidence":71},"Clear documentation and helpful IRC support","commenter",[72],{"id":73,"by":74,"text":75},"5027169","wheaties","You guys are fantastic. You documentation is clear. The fact that you all live on the IRC channels makes obtaining information and help super simple.",{"value":77,"source":70,"evidence":78},"Simple one-command API that resembles Stripe",[79,83],{"id":80,"by":81,"text":82},"5027014","jjbohn","Nice! Greatly resembles Stripe, which imo is a good thing. Look forward to using this next time I need ACH on a project.",{"id":84,"by":85,"text":86},"5027669","lancefisher","This is great! ACH is such a pain to deal with. This solves a real problem I have right now. I'm using Stripe for payments, but I want an easy way for me to send money via ACH.…",[88,99,110],{"value":89,"source":70,"evidence":90},"Funds must be loaded into the account first, with a 3-5 day wait for incoming money",[91,95],{"id":92,"by":93,"text":94},"5028271","joshwa","So if I understand the product correctly, I have to give you the money first, wait 3-5 days, and then I can pay people? That's why there is no way to specify the source account?",{"id":96,"by":97,"text":98},"5028639","jareau","Yeah, unfortunately we can't speed up the process for bringing money into the system like we can for sending money out (i.e. next-day deposits). You'd have to fund your Balanced…",{"value":100,"source":70,"evidence":101},"Concerns about fraud protection and misuse of bank account details",[102,106],{"id":103,"by":104,"text":105},"5027968","a1k0n","This is sort of frightening. The obscurity of ACH was the only real security it had; now if I write a check, anyone who sees it can trivially withdraw whatever they want from my…",{"id":107,"by":108,"text":109},"5028154","sp332","Only to a bank account? haha and the money never comes from any bank account, huh? Again: what fraud prevention is there?",{"value":111,"source":70,"evidence":112},"Only supports sending, not receiving payments by ACH",[113],{"id":114,"by":115,"text":116},"5028537","kposehn","Love the ach feature except that we need to receive payments in addition to making them. Our payment sizes are in the 5-7 figure range and checks take too long. Will you have the…",[118,125,129],{"value":119,"source":70,"evidence":120},"Receive payments via verified ACH",[121,122],{"id":114,"by":115,"text":116},{"id":123,"by":97,"text":124},"5028612","We're testing that functionality out right now. And trust me, we're well aware that this is a highly demanded feature. We've discussed it at length with our community on github:…",{"value":126,"source":50,"evidence":127},"Support for international payments",[128],{"id":53},{"value":130,"source":70,"evidence":131},"Instant account-to-account transfers",[132],{"id":133,"by":134,"text":135},"5027923","rabrooks","ACH is way too slow. It is really an artifact of a slow moving banking industry. Dwolla has made some limited strides with their 'Instant' product but asking new customers to go…",[137,144],{"value":138,"source":70,"evidence":139},"How does it differ from current ACH setups like Braintree",[140],{"id":141,"by":142,"text":143},"5028474","callmeed","At NextProof, we use BrainTree and ACH funds to our photographers. This looks cool but I'm trying to understand how it's different\u002Fbetter than what we do now.",{"value":145,"source":70,"evidence":146},"Does it support savings accounts",[147,151],{"id":148,"by":149,"text":150},"5028466","xxpor","Does this work with Savings accounts?",{"id":152,"by":97,"text":153},"5028648","Yep. You'll notice a 'type' field on the bank account resource. You can set it to 'checking' or 'savings'…",[155,165,172,176],{"value":156,"source":70,"evidence":157},"Stripe Connect",[158,161],{"id":159,"by":97,"text":160},"5030359","I believe you can send money to someone using Stripe Connect, but that would require them setting up a separate Stripe account.",{"id":162,"by":163,"text":164},"5027261","cperciva","Why have you not been acquired by Stripe yet? This seems like a bug.",{"value":166,"source":70,"evidence":167},"Braintree ACH",[168,169],{"id":141,"by":142,"text":143},{"id":170,"by":97,"text":171},"5028588","Last I heard, Braintree discontinued their ACH API. Are you still using it?",{"value":173,"source":70,"evidence":174},"Dwolla",[175],{"id":133,"by":134,"text":135},{"value":177,"source":70,"evidence":178},"Bitcoin sendtoaddress",[179],{"id":180,"by":181,"text":182},"5031464","GaryRowe","As an alternative to the ACH approach, Bitcoin offers this bitcoind sendtoaddress \u003Cbitcoin address> \u003Camount> Works anywhere in the world, not just USA.",{"comments":32,"answered":32,"key":184},[185,188],{"id":186,"text":187},"5027984","Hi thematt, Actually, Balanced Payouts is the product that we're showing HN here today. Balanced Payments is the umbrella payment company that arches over Balanced Processing,…",{"id":189,"text":190},"5027550","Hi there! Thanks for inquiring! Here's a simple jsfiddle: http:\u002F\u002Fjsfiddle.net\u002FKRFtB\u002F Obviously - you wouldn't encode your secret key, etc in production, but this is an example.…",{"commenters":192,"max_depth":33,"maker_replies":32,"first_comment_mins":193,"lifespan_hours":194},30,47,22,[196,198,202,206,210,213,214,216,219,221,224,225,229,232,234,238,241,244,246,248,249,253,255,257,261,264,267,269,271,273,274,276,278,280,282,286,287,288,290,294,298,300,305,308,310,313,316,319,321,323,325,327,330,332,336,338,341,342,343,345],[162,40,44,197,163,40],"project\u002Fpositive\u002Fnone",[199,40,44,200,201,40],"5027400","project\u002Fpositive\u002Fdesign","dbul",[203,40,40,204,205,40],"5027568","commenter\u002Fneutral\u002Fnone","jonknee",[207,40,45,208,209,40],"5028381","project\u002Fneutral\u002Fidea","bdcravens",[211,40,45,212,97,40],"5028582","maker\u002Fneutral\u002Fnone",[159,40,40,204,97,40],[73,37,44,215,74,40],"maker\u002Fpositive\u002Fdocs",[217,37,44,218,97,40],"5028597","maker\u002Fpositive\u002Fnone",[103,32,37,220,104,40],"project\u002Fcritical\u002Fprivacy",[222,32,45,223,97,40],"5027978","project\u002Fneutral\u002Fnone",[107,32,37,220,108,40],[226,32,45,227,228,40],"5028486","project\u002Fneutral\u002Fprivacy","MichaelGG",[230,32,45,231,97,40],"5028606","maker\u002Fneutral\u002Fprivacy",[233,32,40,204,104,40],"5028547",[235,32,40,236,237,40],"5028210","commenter\u002Fneutral\u002Fprivacy","chimeracoder",[239,32,40,240,97,40],"5028621","other\u002Fneutral\u002Fnone",[242,32,40,240,243,40],"5028675","nym",[245,32,40,240,97,40],"5028742",[247,32,40,240,237,40],"5029874",[80,45,44,200,81,40],[250,251,45,208,252,40],"5028080",4,"rgarcia",[254,251,45,208,97,40],"5028617",[84,44,44,256,85,40],"project\u002Fpositive\u002Fidea",[258,33,45,259,260,40],"5027963","project\u002Fmixed\u002Fdesign","thematt",[262,33,45,263,97,40],"5027976","maker\u002Fneutral\u002Fdesign",[265,33,45,263,266,40],"5028755","onetwothreefour",[268,33,40,204,97,40],"5028779",[270,33,40,204,266,40],"5028969",[272,33,40,204,97,40],"5028995",[186,33,40,263,10,37],[114,33,45,275,115,40],"project\u002Fmixed\u002Fidea",[123,33,45,277,97,40],"maker\u002Fneutral\u002Fidea",[279,33,44,218,115,40],"5029546",[281,33,45,263,243,40],"5028656",[283,284,40,240,285,40],"5027323",7,"codegeek",[141,30,45,223,142,40],[170,30,40,204,97,40],[289,30,40,204,142,40],"5029121",[291,292,37,293,228,40],"5028509",9,"project\u002Fcritical\u002Fdesign",[295,296,45,223,297,40],"5029381",10,"spier",[299,296,45,212,97,40],"5030352",[301,302,45,303,304,40],"5027451",11,"project\u002Fneutral\u002Fdocs","alpb",[306,302,40,204,307,40],"5027491","moofish",[189,302,40,309,10,37],"maker\u002Fneutral\u002Fdocs",[133,311,37,312,134,40],12,"project\u002Fcritical\u002Fperformance",[314,311,45,315,97,40],"5028016","maker\u002Fneutral\u002Fperformance",[317,311,40,240,318,40],"5028453","rsync",[320,311,40,240,97,40],"5028671",[322,311,40,240,266,40],"5028772",[324,311,40,240,97,40],"5028792",[326,311,40,240,266,40],"5028967",[328,311,40,240,329,40],"5029412","joshAg",[331,311,40,204,97,40],"5029537",[333,334,44,256,335,40],"5027355",13,"rabidonrails",[337,334,45,212,97,40],"5028653",[92,339,37,340,93,40],14,"project\u002Fcritical\u002Fidea",[96,339,45,277,97,40],[180,17,37,340,181,40],[148,344,45,223,149,40],16,[152,344,45,309,97,40],[],[348,352,357,362,367,372],{"id":349,"name":350,"points":351,"category":19},"5022472","Pitchbox",233,{"id":353,"name":354,"points":355,"category":356},"5003672","phrase.it",225,"creative",{"id":358,"name":359,"points":360,"category":361},"5012920","gcsms",121,"dev_tools",{"id":363,"name":364,"points":365,"category":366},"5032470","FileRock",97,"infrastructure",{"id":368,"name":369,"points":370,"category":371},"5020577","Slowpal",63,"finance_crypto",{"id":373,"name":374,"points":375,"category":356},"5002050","Papyrus",58,false,"v2",{"id":379,"name":5,"line":6,"ai":376,"cat":19,"year":12,"points":13,"comments":14,"rec":27,"s":380,"top":17,"kw":381,"maker":10,"domain":382,"tier":18,"attempts":40,"strip":383,"url":-1,"mix":384,"praise":69,"objection":89,"sub":20},5026802,0.04,[23,24,25,26],"","5533533130000535330035330133013000053113",[30,31,32,33],1794036503167]