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Earlier this year, they made other changes for long-term customers: - increased fees for non-US payments (3.9% + 30 cents) - did not refund fees when you refu
by TAForObvReasons 6y ago
Earlier this year, they made other changes for long-term customers:
- increased fees for non-US payments (3.9% + 30 cents)
- did not refund fees when you refund customers
If there was a compelling alternative that isn't PayPal we'd jump in a heartbeat
- loceng 6y agoI have to believe this is Stripe leadership pumping up the revenues/profits to look peachy for their IPO, so they can all get a considerable exit while raising a war chest - meanwhile competitors will come along and try to take market share while Stripe can spend more on acquisitions and feature development for the same price. I think this play as part of the VC industrial complex leaves them more vulnerable than is obvious - but leadership won't ultimately care because they're set for generations.
- jm20 6y agoIf the Stripe leadership wanted to exit and be set for generations they could’ve done it years ago. I agree it could be a revenue boost to prepare for IPO but this isn’t some personal greed thing
- cambalache 6y agoAgree, it's collective greed
- marcinzm 6y agoPersonal greed doesn't magically end just because you want $5 billion instead of $1 billion. Greed is greed even if the only point of it is having a larger number in your bank account or higher social standing from it.