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A comment on Stripe refunds: fees from the original charge are not returned. Parent comment

Re:Stripe refunds: fees from the original charge are not ret... by commoner on Wednesday February 19, 2020 @09:36PM (#22372247)
This trend is awful for businesses. In October 2019, PayPal (which owns Braintree) also started to retain their 2.9% + $0.30 processing fee from refunded transactions. Stripe is now in the same class as PayPal.

https://www.theverge.com/2019/9/20/20876570/paypal-refund-fe...

Square still refunds processing fees to merchants for refunded transactions. They have the same fee (2.9% + $0.30) for online transactions, and a lower fee (2.6% + $0.10) for in-person transactions with their card reader.

https://squareup.com/help/us/en/article/5060-refund-overview

https://squareup.com/us/en/pricing

[ Parent | on HN ]
Re:Stripe refunds: fees from the original charge are not ret... by belzebalex on Thursday February 20, 2020 @02:19AM (#22373317)
* Whistling * Crypto's coming!
[ Parent | on HN ]
Re:Stripe refunds: fees from the original charge are not ret... by threeseed on Thursday February 20, 2020 @02:38AM (#22373395)
Crypto is like Linux on the Desktop i.e. about as popular as it's always going to be.

And the reason is that most people simply don't hate the status quo.

[ Parent | on HN ]
Re:Stripe refunds: fees from the original charge are not ret... by LunaSea on Thursday February 20, 2020 @04:06AM (#22373752)
10min long transactions, yay!
[ Parent | on HN ]
Re:Stripe refunds: fees from the original charge are not ret... by lostmsu on Tuesday February 25, 2020 @11:55PM (#22420391)
Does not seem like a major problem for an online business (e.g. movie ticket sales, Amazon, App Store, etc).

There's also always an option to take the first confirmation (~24sec in Ethereum) as a sufficient proof for small transactions.

[ Parent | on HN ]