Stripe live dashboard (bfcm.stripe.dev)

Article summary

Stripe processed over $18.6 billion in transactions during the Black Friday and Cyber Monday period, with its API maintaining an uptime of over 99.999%. The company's dashboard tracked various metrics in real-time, including transaction volume and carbon removal. Over 30,000 Stripe customers hit all-time daily sales records, and more than 5 million new Stripe Billing subscriptions were created. The period saw a significant increase in global transactions, with billions spent outside the US.

Main themes

• E-commerce transactions
• Carbon removal and sustainability
• Technical implementation
• Revenue and fees
• Data analysis
• Greenwashing and marketing
• Global consumption and pollution

What commenters say

• The carbon removal metric on the dashboard is misleading and may be considered greenwashing.
• Direct air capture is a legitimate method of removing carbon from the atmosphere, and companies like Shopify are making a genuine effort to reduce their carbon footprint.
• The focus on carbon removal and sustainability is undermined by the inherently polluting nature of Black Friday consumption.
• The dashboard provides a useful insight into the scale and scope of e-commerce transactions, but lacks context and baseline data for meaningful analysis.
• The revenue generated by Stripe from transaction fees is substantial, but must be offset against interchange fees and other costs.
• The technical implementation of the dashboard is impressive, but may have performance issues in certain browsers or devices.
• The data provided by the dashboard could be used to derive useful information, such as the percentage of revenue Stripe relies on from major clients like Shopify.
• The idea of carbon offsetting and removal is flawed, as it does not address the root causes of pollution and may even encourage further consumption.