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A comment on Stripe Terminal – Programmable point of sale. Parent comment

Re:Stripe Terminal – Programmable point of sale by StudentStuff on Tuesday September 18, 2018 @12:21AM (#18012446)
Here is an example of a relatively expensive rate for processing with a merchant account (2% plus 10 cents per transaction, with a 10 monthly fee) versus Stripe. Note how the breakeven for getting a merchant account is when you start processing more than $428 a month(assuming an average transaction is $15).

https://www.desmos.com/calculator/zuzn1lhfdg

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Re:Stripe Terminal – Programmable point of sale by rossdavidh on Tuesday September 18, 2018 @08:17PM (#18020578)
My experience in the U.S., admittedly as a very small size merchant, is that 2% +10 cents is considerably better than I can get with a bank.
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Re:Stripe Terminal – Programmable point of sale by StudentStuff on Thursday September 20, 2018 @06:59PM (#18036068)
Banks have 2nd tier offerings for credit and debit processing that don't focus on gaining customers with low rates. There are a handful of platforms, First Data, Tsys, Elavon, Worldpay/Mercury & Heartland, and everyone who sells merchant services is selling you access to one of those platforms.
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