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Notably, it's a somewhat recent change for Stripe. They had refunded fees but iirc it meant they were paying a small fee per refunded transaction (which in a s
by wrsh07 6y ago
Notably, it's a somewhat recent change for Stripe.
They had refunded fees but iirc it meant they were paying a small fee per refunded transaction (which in a sense subsidizes apps that incur frequent refunds) which they wanted to stop doing.
A quick search showed they started refunding fees in 2012 and stopped in 2017. Here's a discussion from the past couple years: https://news.ycombinator.com/item?id=22371330 https://news.ycombinator.com/item?id=22371330
- TAForObvReasons 6y agoThey stopped doing it for new customers in 2017. Grandfathered customers saw the policies change in March of this year. My company's account saw the change in late March, while we were all staying at home, so that felt like a gut punch. https://news.ycombinator.com/item?id=22371330 https://news.ycombinator.com/item?id=22371330 was contemporaneous