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"...at a minimum, they will substitute a 30% fee with a 4% credit card processing expense..." Which large corporation is paying anything close to 4% for credit
by alvah 2y ago
"...at a minimum, they will substitute a 30% fee with a 4% credit card processing expense..."
Which large corporation is paying anything close to 4% for credit card processing? Based on what's available to me in my small business, I'd be astonished if anyone doing any significant volume was paying as much as half of this percentage.
- nottorp 2y agoAre you selling something with some utility to adults? And as a consequence you have zero to very few chargebacks, because your customers aren't going to be overriden by their parents? I can imagine there are a lot more problems with kids' spending on Roblox, which would bring the processing fees way up.
- alvah 2y agoDo excessive chargeback levels add to the processing fees on every transaction? If so, that could explain the higher cost.
- mrguyorama 2y agoRoblox has INSANE fraud patterns and chargebacks