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Your fee example seems either plain wrong or dishonest. If you use Stripe to handle payments, the fee of using your service must be higher than using Stripe dir
by rho4 6y ago
Your fee example seems either plain wrong or dishonest. If you use Stripe to handle payments, the fee of using your service must be higher than using Stripe directly. But you claim that Stripe would take 35c, but you only 25c.
- Cu3PO42 6y agoI think they mean that you pay both 25c to them and 35c to Stripe.
- rho4 6y agoIf so, that‘s what I would call dishonest pricing. I expect you to tell me your fee, and that should include all your internal cost of providing the service. Sounds like an architect selling a house for 10k. But wait, footnote says „don‘t forget the contractors will take an additional 100k“.
- ekabod 6y agoI understand it would be 25c+35c.
- benzguo 6y agoI’ll try to make this clearer, thanks for the feedback! You’d pay both, the Loginland fee on top of Stripe’s rate. (This is a pretty common pricing model for platforms – BuyMeACoffee has a similar 5% rate on top of Stripe). Open to suggestions! :)
- rho4 6y agoSo it‘s 2% Stripe fee plus 5% loginland fee = 7%? You repackage and resell Stripe’s payment service but tack on more than double their commission?