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Yep, consumers are never paying premiums for transaction costs in Europe. Debit cards are the norm here. We don't pay extra when using our regular bank app to t
by _funding 10y ago
Yep, consumers are never paying premiums for transaction costs in Europe. Debit cards are the norm here. We don't pay extra when using our regular bank app to transact nor ecommerce transactions. Consumers are not going to pay for transactions :-)
- chatmasta 10y agoAh I see. I missed the part that you were more Venmo than stripe. I guess this is the same strategy Venmo took (and they started charging fees as soon as possible, especially given all the people using it for credit card churning). Sounds like you have a solid business. Good luck getting more funding. I hope it works out for you.