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Its 2% in europe too where theres no real reward programs.
by mam2 6y ago
Its 2% in europe too where theres no real reward programs.
- arnvald 6y agoThe difference is actually wider, for example: * Singapore 3.4% (https://stripe.com/en-sg/pricing https://stripe.com/en-sg/pricing) * US 2.9% (https://stripe.com/pricing https://stripe.com/pricing) * Poland 1.4% (https://stripe.com/en-pl/pricing https://stripe.com/en-pl/pricing) (+ some fixed amount in every country) In some cases it can be even more expensive (see Adyen pricing for Amex or Diners cards: https://www.adyen.com/pricing https://www.adyen.com/pricing) This is a large difference and partially explains why the loyalty programs in Europe are not that attractive
- mam2 6y agoI also kinda feel europeans would find reward programs stupid and call bullshit. In the sense that someone would readily build a "no reward" chain and get adoption real quick. I mean there IS reward programs somehow, but it's not like they give you 30% off sometimes like in the US. I always found them outrageous in a way when I was in the US.