Re:Stripe Terminal – Programmable point of sale
by jjeaff on Monday September 17, 2018 @09:19PM
(#18011594)
Are you in the US? Because interchange fees (which are the same whether you are Walmart or a hair salon) average about 2%.
Unless stripe is processing mostly generic debit cards, then they are most certainly not pocketing that full 3%.
I would guess that the makeup of stripe customers is similar to the US average, so they are probably paying close to 2% and then pocketing the 0.9% plus most of the 30 cents per transaction.
Unless stripe is processing mostly generic debit cards, then they are most certainly not pocketing that full 3%.
I would guess that the makeup of stripe customers is similar to the US average, so they are probably paying close to 2% and then pocketing the 0.9% plus most of the 30 cents per transaction.