It basically is always cheaper for almost everything than Stripe (except AMEX). Interchange++ is always less than Stripe's equivalent charge (2.9% or lower for European cards) and 12¢ is less than 30¢.
The page I agree is confusing.
Re:Building a Developer Cult
by BillinghamJ on Tuesday July 21, 2020 @06:18AM
(#23905717)
Bear in mind, at any meaningful volume, Stripe does IC++ too and it isn't expensive
edit: Looking at their (listed) acquiring and processing fees, Stripe appears to be cheaper
That said, I don't know how Adyen's support is, but sadly Stripe's is honestly absolutely crap. Every single support interaction I've had with them has been incredibly slow and incredibly painful.
I don't understand where Stripe is showing as being cheaper?
Adyen for example for Mastercard: €0,10 + Interchange++ (average total 0.90% - 1.10%)
Stripe advertised in Europe for Mastercard: €0,25 + 1.4% of transaction.
Re:Building a Developer Cult
by BillinghamJ on Tuesday July 21, 2020 @06:39AM
(#23905785)
It's not publicly listed, but from experience, their IC++ costs are decent
I'd guess that with the bigger deals they are doing all these things are up for negotiation anyway so they might not need a slick landing page with a simple pricing that a developer can understand in a few minutes.
AMEX and Discover's transaction costs are a percent higher on Adyen, and I can't actually tell what Mastercard or Visa will charge since it is obfuscated. The cherry on top is the FAQ at the bottom that describes what interchange++ is but doesn't actually tell you a range of fees that it can be. I guess it's cool to see in detail all the middle men taking a cut of my revenue, but I'm way more concerned about the actual amount that is being taken out ahead of time instead of it being a surprise for every transaction.
[0] https://www.adyen.com/pricing?navItem=northamerica [1] https://stripe.com/pricing