4 ms·

Might be an off thought, but maybe a disproportionate fraud comes from the area

• kyriakos 10y ago
  I live in Cyprus which is a very small market so I won't refer to it, but knowing I can get much better rates than stripe's in Greece for example is an indication that fraud is low in the region.
• Symbiote 10y ago
  The wealthier EU countries are active or in beta. They're all cheaper than the US (1.4% rather than 2.9% fees), fraud is lower in the EU.
  • the-dude 10y ago
    They were forced by the EU, they capped the fees
    • kyriakos 10y ago
      Where did you hear about this?
      • thesimon 10y ago
        EU Regulation 2015/751 (http://eur-lex.europa.eu/legal-content/EN/TXT/?uri=uriserv:OJ.L_.2015.123.01.0001.01.ENG&toc=OJ:L:2015:123:FULL http://eur-lex.europa.eu/legal-content/EN/TXT/?uri=uriserv:O...) Consumer Debit Interchange: 0.2% Consumer Credit Interchange: 0.3% If they didn't lower their rates, they would've been pretty unattractive for a lot of customers. (And still their rates remain quite high if you are mainly selling B2C)