Well something like that depending on the Stripe infrastructure. That currently ... | Hacker News

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password03 on Sept 17, 2018 | parent | context | favorite | on: Stripe Terminal – Programmable point of sale

Well something like that depending on the Stripe infrastructure.

That currently happens when an issuer card is used in a merchant that is acquired/processed with the same issuing bank. It is called an "on us" transaction and doesn't need to fire through the card scheme rails.

jjeaff on Sept 18, 2018 [–]

I assume that still incurs a visa fee. Perhaps just bypasses the underwriting. Otherwise, I can't imagine visa would allow this.

password03 on Sept 18, 2018 | [–]

I can't see how they could disallow it to be honest. That would be seriously anti-competitive.

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