The majority of which is going directly to Visa, Amex, Mastercard.
Nah, credit card fees are like 1.5 to 3.5%.
That's incredible, so Stripe at 3% plus $0.30 per transactions must be losing money hand over fist!
i dont believe any of those companies take anywhere near a 20% cut per transaction
Also, iOS App Store and Google Play Store aren't just straight payment processing, they are Merchant of Record.
Nah, credit card fees are like 1.5 to 3.5%.
That's incredible, so Stripe at 3% plus $0.30 per transactions must be losing money hand over fist!
i dont believe any of those companies take anywhere near a 20% cut per transaction
Also, iOS App Store and Google Play Store aren't just straight payment processing, they are Merchant of Record.