Stripe Terminal – Programmable point of sale

Re:Stripe Terminal – Programmable point of sale by mikesickler on Monday September 17, 2018 @01:29PM (#18007956)

For low value, high volume merchants, Square's rate is extremely competitive.

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Re:Stripe Terminal – Programmable point of sale by tyingq on Monday September 17, 2018 @01:52PM (#18008174)

I don't see how that's possible. Low value would skew it even more versus 2.9% + 30 cents, because you'll have more debit cards for low value transactions. Debit card transactions (pin or not) are cheaper post Durbin amendment.

Open to stats that say otherwise.

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Re:Stripe Terminal – Programmable point of sale by traek on Monday September 17, 2018 @04:53PM (#18009970)

> I don't see how that's possible. Low value would skew it even more versus 2.9% + 30 cents

Because that’s not Square’s rate, they charge a flat 2.75%.

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Re:Stripe Terminal – Programmable point of sale by jjeaff on Monday September 17, 2018 @10:52PM (#18012096)

And a regulated debit card is around a 10 cents flat fee. No percentage.

Square's fees are pretty high unless you are processing less than say $150k a year.

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