Mahir Kothary

👨‍💻 @Stripe | Previously @HBOMax/@WarnerMediaGrp, @beshippable, @DubHacks | 🎓 @UWCSE @cornell_tech | 🇮🇳🇺🇸

[Patrick Collison @patrickc]

We just announced a large raft of improvements at @Stripe Sessions. My meta reflections:

• It feels that the entire economy is replatforming right now.
• Many charts at Stripe are inflecting in quite dramatic ways. What GitHub recently reported for commits we are seeing in economic activity (such as new company formations).
• It is increasingly clear that agents will be responsible for most transactions in the not overly distant future.
• Stripe was always developer-centric, but AI is making developer-centricity strategic in a new way: agents are even hungrier for good DX than developers themselves are.
• Things that we’re launching are increasingly network products at heart. (Instant transfers between Stripe businesses, new kinds of fraud prevention with Stripe Radar, stablecoin payouts to anyone with Link.) "How can we turn Stripe's economies of scale into user benefits?" is increasingly the relevant question.
• Between Privy, Bridge, Tempo, and Stripe’s core capabilities, we’re now doing a lot in stablecoins/crypto, and companies like DoorDash, Ramp, Meta, and Klarna are using our crypto stack to deploy meaningful new functionality in production. “But where’s the production use?” is rapidly becoming stale when applied to crypto.
• After more than a decade of building, we seem to have hit some kind of critical mass of core platform capabilities such that building new things now feels easier and faster than before. (AI also helps.) We announced Stripe Treasury last year (originally called Financial Accounts); since then, we’ve added multi-currency support, global payouts, card issuance and rewards, and a bunch of other sophisticated functionality. By the end of this year, Treasury will support 15 more currencies and be available to businesses in 160 countries.

On the launches themselves, a small selection that I thought were cool, though this is really just a subset:

• The @Link AI wallet. Point your agent to https://t.co/vYdvNtJgpE and ask it to make purchases on your behalf with secure single-use tokens. (To test it, I asked Claude Code to buy a small gift for me yesterday. It purchased HTTPZine on Gumroad.)
• New payment methods for Link, including Pix (largest payment method in Brazil) and UPI (largest payment method in India). We’re also adding stablecoin support to Link (which I think will be huge if we execute well).
• We’re adding a lot of new Machine Payments Protocol functionality, including micropayment and recurring payment support.
• We announced Checkout studio: a sophisticated dashboard for managing your checkout flow, including things like transaction replays and A/B tests. Today this tends to require a lot of fussy edits to production code.
• Adaptive Pricing (which automatically localizes the price and currency that customers see) now supports subscriptions. We’ve seen pretty huge (4–5%) conversion rate improvements after enabling it — customers really like paying in their home currency.
• New Stripe Terminal reader (the T600) with a customer-facing screen that can run native apps, plus support for 15 new international markets for Stripe Terminal.
• General availability for Stripe Managed Payments, our merchant of record solution. (Natively handles tax, disputes, fraud.) Maybe sounds a bit arcane, but it’s one of those iykyk products. It saves a lot of schlep.
• Fraud is a *much* bigger priority for customers than it was 2 years ago (AI makes fraud easier + unlike software, tokens can be resold), so we’ve been extending Stripe Radar to support things beyond payments fraud: free trial abuse, multi-account abuse, pay-as-you-go abuse. Early results are extremely positive. We also announced Stripe Signals — new scoring APIs for customers, businesses, and other objects, not just payments on and off Stripe.
• Usage-based billing is also becoming the de facto business model of the AI era, and we launched a bunch of new pricing models in @getMetronome and features like low-balance alerts, automatic credit top-ups, and multidimensional pricing structures.
• We showed streaming payments built on @Tempo and Metronome — track usage and get paid the instant value is delivered. Hard to predict, but I think this could be big. (Why wouldn’t you want to get paid as costs are incurred?)
• We added automatic US tax filing in Stripe Tax.
• We announced Stripe Database -- a hosted PostgreSQL database with all of your Stripe data, updated in real time. Read-only to start but we’ll make it read-write.
• Stripe Workflows are now GA.
• We showed Stripe Console, a full agentic execution environment built directly into the Stripe Dashboard. It’ll happily write code and use tools to answer your questions.
• We previewed custom objects: model your business data directly in Stripe, with custom objects, typed fields, and relationships.
• As mentioned above, Stripe Treasury accounts will support storage in 15 currencies by the end of the year. And instant/free(!) transfers between US Stripe businesses.
• You can use a Stripe card with your Treasury balance and get 2% cash back on purchases.
• We’re massively expanding our Global Payouts coverage -- soon 100 countries with fiat rails and 160 with stablecoins.
• Atlas companies can now raise money directly within Stripe.
• We launched the platform growth studio, which uses Stripe’s network data to generate specific recommendations for optimization/growth.
• We announced the Stripe Managed Risk API — platforms can outsource risk handling to Stripe while maintaining full UI/UX control.
• Connected accounts now benefit from networked onboarding, which hugely increases conversion rates.
• We’re launching Treasury for Platforms. Connected accounts can get spend cards with just a few lines of code. (Plus cash rewards, cash acceptance, check acceptance, real-time payments…)
• We announced Issuing for agents: easily create cards for agents.

But that’s really just a subset of a subset. (See https://t.co/Ej0S8aRVi0 for more.) The Stripe team is cooking! And if you’re interested in building the economic infrastructure for this new world, we’re hiring.

[Mahir Kothary @MahirK95]

@AnishKattukaran It seems like "arm"ing the security system does not work as intended, with ADT it always arms the system as "Stay" instead of the other options available (Night, Away) in previous household editor.

[Arnavi Chheda-Kothary @arnavic]

Ever want to ask questions about a paper, including its figures & tables? 📊📈 Want smoother interactions w/papers on desktop & mobile?
Try Paper+Figure QA, a new tool from @allen_ai that answers with the original figures, tables, and excerpts from papers: https://t.co/hoKCgPVBOI

[Arnavi Chheda-Kothary @arnavic]

Excited, honored, and humbled to receive the #ASSETS24 Best Paper award for our work, “Engaging with Children’s Artwork in Mixed Visual-Ability Families”! Huge shoutout to my wonderful advisors, @wobbrockjo and @jonfroehlich. Check out the full paper at: https://t.co/AL4gyUVpiF

[Arnavi Chheda-Kothary @arnavic]

Thrilled to be heading to #ASSETS24 to present “Engaging with Children’s Artwork in Mixed Visual-Ability Settings”, done with my wonderful collaborators and advisors @wobbrockjo and @jonfroehlich! I will be presenting on Mon, Oct 28 as a part of Session 1A: Creativity 🖼️🎨 (1/7)

[BCCI @BCCI]

𝗖.𝗛.𝗔.𝗠.𝗣.𝗜.𝗢.𝗡.𝗦 🏆

#TeamIndia 🇮🇳 HAVE DONE IT! 🔝👏

ICC Men's T20 World Cup 2024 Champions 😍

#T20WorldCup | #SAvIND

[Stripe @stripe]

You can now accept payments with Tap to Pay directly in the Stripe app. 🤳📱

https://t.co/ehWhZcHmnz

[Patrick Collison @patrickc]

Stripe, live: https://t.co/CtyT1XIhrL.

[Eater NY @EaterNY]

Globally renowned Taiwanese chain Din Tai Fung announces first NYC location https://t.co/mFcTIYVsmj

[HBO @HBO]

Barry is back and he’s ready for another shot at redemption.

Season 3 premieres April 24 on @hbomax. #BarryHBO

[GitHub @github]

You can now embed diagrams directly into your Markdown files, Issues and PR comments using Mermaid. Learn more - https://t.co/gfmNOp3HeJ

[Maarten van Smeden @MaartenvSmeden]

This is why programming is an acquired skill

[Mahir Kothary @MahirK95]

@alexisohanian @coolcatsnft @Topiaio @montselozanod this reminds me of the @MoulinRougeBway set

[Inspired by Iceland @iceland]

Some said an open-world experience this immersive wasn’t possible. But it’s already here. And you don’t even need silly VR headsets.

Introducing, ✨Icelandverse✨
#icelandverse

[WeRateDogs @dog_rates]

This is Luna. In her defense, that is her bed. 14/10 she did nothing wrong

[Mahir Kothary @MahirK95]

@hbomaxmovies @aseshadayal

[Mahir Kothary @MahirK95]

@harmanxhundal Our foster, Hermione says hello!

[Jason Kilar @jasonkilar]

Mare of Easttown ☑️
Friends Reunion ☑️
Integration Test Email #1 ☑️

[Mahir Kothary @MahirK95]

So proud of you @arnavic ❤️

[Flip @MicrosoftFlip]

Together at last: @Flipgrid + @Bitmoji 💚