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You can probably get a volume discount on that 2.9% in the US. In Europe, Stripe starts at 1.4% + $0.3 for charging European cards.
by cbg0 5y ago
You can probably get a volume discount on that 2.9% in the US. In Europe, Stripe starts at 1.4% + $0.3 for charging European cards.
- justincormack 5y agoThats because the EU regulates fees.
- ericcholis 5y agoYou can DEFIANTLY get a volume discount from any credit card processor based on volume. Typical large merchants are paying Interchange Plus at a much lower rate than what's listed on Stripe or Square. Interchange is the rate paid directly to the card issuer and Visa/MC. Plus is paid to the merchant account (Stripe). The actual itemized fees inside of that Interchange fee are mind boggling.