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A comment on Bank transfers as a payment method. Parent comment

Re:Bank transfers as a payment method by cbg0 on Saturday November 27, 2021 @03:02AM (#29358454)
You can probably get a volume discount on that 2.9% in the US. In Europe, Stripe starts at 1.4% + $0.3 for charging European cards.
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Re:Bank transfers as a payment method by ericcholis on Saturday November 27, 2021 @07:29AM (#29359664)
You can DEFIANTLY get a volume discount from any credit card processor based on volume. Typical large merchants are paying Interchange Plus at a much lower rate than what's listed on Stripe or Square. Interchange is the rate paid directly to the card issuer and Visa/MC. Plus is paid to the merchant account (Stripe).

The actual itemized fees inside of that Interchange fee are mind boggling.

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Re:Bank transfers as a payment method by justincormack on Saturday November 27, 2021 @06:57AM (#29359496)
Thats because the EU regulates fees.
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