Re:Apple found in breach of EU competition rules
by bhelkey on Monday June 24, 2024 @01:23PM
(#40778597)
Stripe charges 1.5% + €0.25 ($0.27) in the EU to accept EEA cards [1]. Stripe charges 2.9% + $0.30 for processing domestic cards in the US [2].
The reason it charges 1.4% more for accepting US cards is the US card fees (interchange fees). These fees are complicated and roughly five times more than European card fees [3].
The reason it charges 1.4% more for accepting US cards is the US card fees (interchange fees). These fees are complicated and roughly five times more than European card fees [3].
[1] https://stripe.com/en-fr/pricing
[2] https://stripe.com/pricing
[3] https://www.nerdwallet.com/article/small-business/credit-car...