Re:TELL HN: Stripe STOLE OUR $159k
by neginbringshop on Wednesday March 16, 2022 @08:02PM
(#30705809)
Both sides get benefits. We basically bring new shoppers to your ecommerce store. You get new users and if they come back and pay again, we only charge ~1%, if they paid the first time, we charge higher fee depending on our costs. So you benefit by connecting your Stripe account to ours and gaining new shoppers, we benefit because we charge percentage of transaction as a fee and generate revenue
Sorry, I meant between you and stripe
Re:TELL HN: Stripe STOLE OUR $159k
by neginbringshop on Wednesday March 16, 2022 @08:27PM
(#30706007)
We increase volume of other stripe accounts connected to us. When there is high volume, Stripe makes higher revenue
On a side note: Is this kind of business relation the result of unequal partners where one-sided benefits are incentiviced? Is building a product the new product?