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A comment on Visa, Mastercard mull increasing fees for processing transactions: WSJ. Parent comment

Re:Visa, Mastercard mull increasing fees for processing tran... by abalone on Friday February 15, 2019 @06:49PM (#19175883)
> Square was charging Starbucks 2.75% and Starbucks' average $5 debit transaction was killing them.

That's a somewhat separate issue. That's because Square doesn't charge an absolute component ("+ $0.xx"), not because their percent component markup wasn't huge. In any case, Stripe suffers no such problem.

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Re:Visa, Mastercard mull increasing fees for processing tran... by CardFellow on Friday February 15, 2019 @11:48PM (#19177126)
Indeed, and it's part of why Square was a (ha) square peg in a round hole. Incidentally, it's also why they have other pricing now that does have a per-transaction fee.
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