3 ms·
Tell HN: Stripe no longer returns stripe fee on a refund starting April 30th
Hello,
We wanted to give you a heads up that we're rolling out a change to how we handle refunds on Stripe: Starting Sunday, April 30th, we will no longer return Stripe fees when you refund a customer. All other pricing remains unchanged.
Currently, when you refund a customer, we return all of the Stripe fees from the original charge. But, when we refund a charge on your behalf, we still incur costs from the various payment partners we work with. Until now, we've absorbed these fees. However, as we look toward growing and investing in new features in the future, we've decided to adjust how refund fees are handled to support this.
To put that into context, your business refunded 2 transactions in the last month. The cumulative Stripe fees we returned for those transactions were $4.
For more details on Stripe's pricing, please visit our pricing page.
Best,
The Stripe team
- codegeek 10y agoI just received this. This could be huge for businesses who issue a lot of refunds.