4 ms·

It won't be 30% less. It'll be 10% less.

• bloppe 3y ago
  The vast majority of App Store transactions incur a 30% fee. The most common credit card fee is ~3%. It's gonna make a pretty big difference.
  • lotsofpulp 3y ago
    ~3% plus costs of chargebacks, foreign exchange fees, time spent resolving disputes, customer service, etc.
    • bloppe 3y ago
      App Store payments are independent of customer service for the app itself. App developers would have to provide that either way. App Store refunds are not that different from credit card chargebacks. They mostly happen automatically, with some automatic abuse mitigation as well as a mechanism for the developers to report abuse. With Stripe, foreign exchange is an extra 1%. The rest of those are taken care of as part of the 3% fee. It doesn't cost that much to process payments. The one nice thing about the App Store is the centralized recurring subscription management. Seems like a nice juicy low-hanging fruit for Strip to disrupt now that they're allowed to.
    • gamblor956 3y ago
      The AppStore still charges developers for chargebacks and you still deal with dispute resolution and customer service. Foreign exchange fees are generally 1-2%, so they're not a huge consideration. It's actually worse with the AppStore, because Apple provides absolutely no assistance to the developer unless you're a billion-dollar plus company.