Re:Stripe migrates Stripe Subscriptions users to more expens...
by dawnerd on Thursday November 12, 2020 @02:36PM
(#25073912)
Is there anyone left that refunds fees? Paypal stopped last year and AFAIK all of the other processors also keep the fee.
Re:Stripe migrates Stripe Subscriptions users to more expens...
by TAForObvReasons on Thursday November 12, 2020 @02:38PM
(#25073935)
Amazon payments apparently does: https://pay.amazon.com/help/201212280
> If a refund takes place, you will also be refunded the following transaction fees:
> - The domestic processing fee (for example, the 2.9% fee)
> - The cross-border processing fee (for example, the 3.9% fee)
> Note that the Authorization fee and Disputed chargeback fee are non-refundable.
So it looks like Amazon Payments holds onto the 30 cents but refunds the variable part. It's obviously not zero, but for a $100 domestic charge Amazon's 30 cents is much less than the $29.30 that Stripe pockets.
Re:Stripe migrates Stripe Subscriptions users to more expens...
by thebean11 on Thursday November 12, 2020 @03:03PM
(#25074197)
> $29.30
God I hope the decimal is just in the wrong place there
Re:Stripe migrates Stripe Subscriptions users to more expens...
by fphhotchips on Thursday November 12, 2020 @03:41PM
(#25074689)
It is, but as they also added the extra 0, it indicates they were actually out by a factor of 10 in their math, it wasn't just a typo.
Re:Stripe migrates Stripe Subscriptions users to more expens...
by Cieplak on Thursday November 12, 2020 @03:01PM
(#25074179)
> but for a $100 domestic charge Amazon's 30 cents is much less than the $29.30 that Stripe pockets
Is this true?
Re:Stripe migrates Stripe Subscriptions users to more expens...
by ceejayoz on Thursday November 12, 2020 @03:55PM
(#25074864)
No, it'd be $3.20. 2.9% + $0.30/transaction.
Re:Stripe migrates Stripe Subscriptions users to more expens...
by ddispaltro on Thursday November 12, 2020 @03:01PM
(#25074181)
$2.90 + $0.30, you mean?
What bothered me the most was earlier this year when they stopped refunding fees when issuing refunds. They rolled out a feature during the early days of the pandemic, and in the same week they started charging older accounts for refunds https://news.ycombinator.com/item?id=22371330