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Just to note, interchange in the EU is capped at 0.2-0.3%. Stripe charge 1.4% + €0.25, so that's not the full story (there are scheme fees too, but I assume St
by GeneralTspoon 6y ago
Just to note, interchange in the EU is capped at 0.2-0.3%. Stripe charge 1.4% + €0.25, so that's not the full story (there are scheme fees too, but I assume Stripe is still making some margin on the % fee - but open to correction on that)
- thesimon 6y agoThough only for consumer 4-party scheme cards. If you have mostly EU customers, then it would make sense to switch the acquirer and probalby get an Interchange++ rate. If you have customers from all over the world, using mostly business cards or cards from Amex, then the Stripe rate might be okay.