Re:Stripe 2021 Business Update [pdf]
by matdehaast on Friday April 08, 2022 @01:36PM
(#30960134)
Not forgetting it but it doesn’t move the needle much. If you assume an average card transaction size of $10, which is likely higher. That is only 0.3% of processing which may increase revenue by 30% at best.
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You're off by an order of magnitude - $0.30 of $10 is 3%, which overshadows the 0.8% by quite a bit. Although I agree that $10 is most likely a low estimate, I'd expect $0.30 per charge to have a very non-trivial impact.
Re:Stripe 2021 Business Update [pdf]
by matdehaast on Friday April 08, 2022 @11:44PM
(#30965121)
Well spotted. My quick math was very incorrect. Thanks for the correction