Re:Launch HN: TrapFi (YC W18) pays freelance developers by t...
by aloukissas on Tuesday March 20, 2018 @10:20AM
(#16628758)
Actually, the fees aren't that low: a) stripe charges 0.8% per ACH transaction, so that's almost a 2x profit margin at 1.5% fee; b) stripe also puts a cap of $5 per transaction, so the 2x profit margin is even higher once the transaction is over $625. Always be wary of % fees w/o a cap.
[ Parent
| on HN ]