Category: Stripe

Stripe enters business lending with new cash advance service

Stripe enters business lending with new cash advance service

Stripe enters business lending with new cash advance service 1
Payment processing technology startup Stripe Inc. today entered business lending with a new service that offers loans to online companies in the United States. Called Stripe Capital, the lending service launches today with an integrated cash advance service. Loan applications are assessed using Stripe’s existing customer data, negating the need for a lengthy application process. Stripe said […]

The post Stripe enters business lending with new cash advance service appeared first on SiliconANGLE.

Stripe picks up biometric authentication startup Touchtech

Stripe picks up biometric authentication startup Touchtech

Stripe picks up biometric authentication startup Touchtech 2
The highly publicized online copyright and privacy laws currently being implemented by the European Union are only part of the regulatory changes facing the tech industry in the region. There’s also PSD2, an upcoming directive that will enforce increased security for e-commerce purchases. In preparation for the new regulation, online payments giant Stripe Inc. today […]

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Steps to enable TLSv1.2 for PayPal /Stripe connections

Steps to enable TLSv1.2 for PayPal /Stripe connections

Recently, the following error was thrown whenever I try to process a payment in PayPal.

“Stripe / PayPal no longer supports API requests made with TLS 1.0. Please initiate HTTPS connections with TLS 1.2 or later”

on further investigation it is found that common payment gateways such as  PayPal are updating their API servers to only accept requests made using the new TLS 1.2 protocol for encryption. This is intended to secure all external connections made to the payment gateways. Interestingly the same issue happened during Stripe checkout as well, ruling out any issues specific to PayPal alone.

Even though the server is enabled with TLS 1.2, the default connections uses  TLS 1.0 for establishing connections with payment gateways and it creates the compatibility issue.

This issue was a good one. Took me 1+ hour to figure out. Google helped by lighting the path 🙂

Here is what I did.

1.Checked in the Qualys SSLLabs using the link https://www.ssllabs.com/ssltest  and confirmed that TLS 1.2 is enabled.

2.Worked in the SSL settings of web server / virtual host to enable only TLS1.2 by using the following entry in my virtual host entry


SSLProtocol -all +TLSv1.2

You need to tweak it in accordance with your webserver settings. I also tried adjusting the priorities of TLS v1 TLS v 1.2 etc.

3. Checked for the latest version of OpenSSL and Curl

4. Tried matching the libcurl version in CLI and the phpinfo page and they turned out to be the same.

5. OpenSSL versions also matched in phpinfo and CLI

6. Tried running curl in the CLI with –tlsv2 option enabled. It worked there, but still not on the website.

I tried running the php script and it was returning me TLS 1.0 . So that was the turning point. For some reason system is taking TLS 1.0 and not trying to negotiate TLS 1.2


tls_version;
?>;

As anyone can guess, the issue is with the default version.

By default it is taking TLS 1.0. Issue would be solved if I can somehow get TLS v 1.2 to load. I tried setting CURLOPT_SSLVERSION, but unfortunately (or fortunately) it didn’t work 🙁

Finally an interesting discussion came as Bug 1272504 in https://bugzilla.redhat.com/show_bug.cgi?id=1272504 .

Luckily, the server was a VPS and hence we could update the package. yum update nss.i686 and the issue got resolved. The above code displayed TLS 1.2 and I knew the problem solved. It did!!

Steps to enable TLSv1.2 for PayPal /Stripe connections 3

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