14 ms·

I'm confused: do you get 0.75% or 1.5% per transaction? Your website says the former.

• nigelg 9y ago
  Thanks for the feedback. It is 0.75% from both sides. We tried to write the landing page from the developer’s perspective, but we will change this to make the pricing more clear.
  • Jefro118 9y ago
    How are your rates so low? Does that not include processing fees from Stripe? (That's what I assume you are using)
    • aloukissas 9y ago
      Actually, the fees aren't that low: a) stripe charges 0.8% per ACH transaction, so that's almost a 2x profit margin at 1.5% fee; b) stripe also puts a cap of $5 per transaction, so the 2x profit margin is even higher once the transaction is over $625. Always be wary of % fees w/o a cap.
      • Jefro118 9y ago
        Thanks. I was thinking the Stripe fees would be the 2.9% + $0.30c, but I was looking at the wrong thing.