4 ms·

Just clarifying. If I refund a $2,000 charge it costs me the seller approx. $58?

• mc3 7y ago
  Put that way it's ridiculous enough if you are not refunding. Someone should do a points-free card with decent security (2fa on each purchase?) to minimise fraud that just gives say $50 cash of that to the consumer. They can then knock off 2.5% of whatever price they see in the store when thinking about what to buy. Such a card would be popular for expense accounts!
• teruakohatu 7y ago
  If so it probably means the cost will be passed to consumers via higher prices and inflexible return policies.
• danpalmer 7y ago
  Not an extra $58. By the time you refund you’ve already paid the fee, stripe just don’t refund your fee to you.