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From an email from Stripe: "Hello, We’re letting you know about Stripe pricing changes for international card transactions, disputes, and sales tax, starting
by maz1b 4y ago
From an email from Stripe:
"Hello,
We’re letting you know about Stripe pricing changes for international card transactions, disputes, and sales tax, starting June 1, 2023. We also want to share ways we can help you reduce costs and grow revenue.
International card transactions
"Over the past few years, card networks have increased the total fees that Stripe pays for card processing. Because of these costs, starting June 1, Stripe’s additional fee for international card transactions will change from 1.0% to 1.5%. There’s no change to our standard 2.9% + $0.30 pricing for US card transactions.
[...]
Disputes
Whether you win or lose a dispute, card networks charge Stripe a fee in either case. To cover these costs, starting June 1, Stripe will no longer return the $15 dispute fee for successfully contested disputes. The dispute fee itself is not changing."
Thoughts?
- kylehotchkiss 4y agoMy worry: your org has committed a corporate sin. 100 people go ahead with a $5 donation. They all call their banks the next day to contest it. Your org owes now stripe $1500. Rinse, repeat.