News for hackers. Stuff that matters.
Re:Stripe increases fees for EU and UK-based businesses in A... by gorbypark on Wednesday February 01, 2023 @09:14AM (#34610664)
I dont know if it’s common in other countries, but Canadian banks offer USD denominated accounts. From the wording, it seems like only if you are paying USD into a US bank account you pay the fee. Presumably paying USD into a non US bank account (in USD) wouldn’t incur this fee. At least I’d hope so!
Re:Stripe increases fees for EU and UK-based businesses in A... by tallytarik on Wednesday February 01, 2023 @09:24AM (#34610838)
Hmm, you’re right about the wording, but the alternate currencies page doesn’t seem to differentiate between where the bank account is based:

https://stripe.com/docs/payouts/alternative-currencies

Here in Australia we’re charged the 1% fee for USD payouts even though the account is with a local bank.