Re:Stripe increases fees for EU and UK-based businesses in A...
by cinericius on Wednesday February 01, 2023 @11:08AM
(#34612487)
What's the ballpark figure for the payments for this side project? $200 seems extreme unless your side project is charging $10,000~ per payment.
[ Parent
| on HN ]
Re:Stripe increases fees for EU and UK-based businesses in A...
by oldstrangers on Wednesday February 01, 2023 @11:23AM
(#34612783)
Amount
$4,500.00
Fee $310.80
> Application fees: $180.00
> Stripe processing fees:$130.80
Re:Stripe increases fees for EU and UK-based businesses in A...
by 0xDEF on Wednesday February 01, 2023 @01:40PM
(#34615362)
That is insane. Why is there no other developer-first payment service like Stripe?
Re:Stripe increases fees for EU and UK-based businesses in A...
by lmz on Thursday February 02, 2023 @10:55AM
(#34628316)
130 / 4500 is roughly 2.9% which seems reasonable - application fees are from the third party application ("platform") you use: https://stripe.com/docs/connect/direct-charges#collecting-fe...
Some on this forum may even say it's great that the APIs provided enable someone to build this additional payment app on top of Stripe that makes it easier for you to take payment in exchange for a 180 / 4500 = 4% cut. However maybe you should look into lower cost payment methods if possible.