4 ms·

I like librapay, I wish more people would use it. I also hope they can reduce the ratio paid to paypal/stripe. More money should go to devs.

yawndex 2y ago
I don't think that would be possible, as Liberapay is essentially just a UI for accepting donations directly into the developers' Stripe/PayPal accounts.
- m00dy 2y ago
  good catch, it is not a payment processor.
  - daghamm 2y ago
    But maybe they can negotiate a better deal for their payments?
    - m00dy 2y ago
      Payment processing is dominated by a massive monopoly, leaving no room for negotiation. The industry is controlled by global elites and financial powerhouses who gatekeep access. Only stablecoins have the potential to disrupt this cycle and offer an alternative.
    - culi 2y ago
      Doubtful. It's 100% funded by its own Liberapay page.[0] It's the second-most donated to recipient but at about $650 a week, that's not even enough to hire a full time dev let alone the business skills needed to pull something like that off [0] https://en.liberapay.com/Liberapay/ https://en.liberapay.com/Liberapay/
      - psychoslave 2y ago
        That's more than median dev salary for most European country. https://helloastra.com/blog/article/average-software-developer-salary-in-2023-in-the-eu https://helloastra.com/blog/article/average-software-develop...
        culi 2y ago
        That's about $33.8k a year. Before taxes and with no benefits The numbers in your source also contradict your statement, but point taken that European dev salaries are much nominally lower than American ones. It's still obviously not enough to pay a dev and business expert EDIT: wow I just checked and the weekly amount they receive just went up to ~$875!
    - filmgirlcw 2y ago
      They don't even have the ability to group transactions together for US payments (or payments in Australia, Japan, Mexico, Malaysia, Hong Kong, New Zealand, Singapore, and others [1]) to lower fees, so I think any hope that a project like this would have any leverage is misplaced. [1]: https://liberapay.com/about/global https://liberapay.com/about/global
      - Changaco 2y ago
        I asked Stripe back in 2018 if we could expect their unexplained same-region limitation on transfers to be lifted. They said it would be lifted soon. It's 2025, the limitation still exists and I still don't know why.
simjnd 2y ago
> What are the payment processing fees? > The fees vary by payment processor, payment method, countries and currencies. In the last year, the average fee percentages have been 3.1% for the payments processed by Stripe and 5% for the payments processed by PayPal. Giving 97% of the money to devs is pretty amazing. They also don't take a cut from donations made.

yawndex 2y ago

I don't think that would be possible, as Liberapay is essentially just a UI for accepting donations directly into the developers' Stripe/PayPal accounts.

m00dy 2y ago
good catch, it is not a payment processor.
- daghamm 2y ago
  But maybe they can negotiate a better deal for their payments?
  - m00dy 2y ago
    Payment processing is dominated by a massive monopoly, leaving no room for negotiation. The industry is controlled by global elites and financial powerhouses who gatekeep access. Only stablecoins have the potential to disrupt this cycle and offer an alternative.
  - culi 2y ago
    Doubtful. It's 100% funded by its own Liberapay page.[0] It's the second-most donated to recipient but at about $650 a week, that's not even enough to hire a full time dev let alone the business skills needed to pull something like that off [0] https://en.liberapay.com/Liberapay/ https://en.liberapay.com/Liberapay/
    - psychoslave 2y ago
      That's more than median dev salary for most European country. https://helloastra.com/blog/article/average-software-developer-salary-in-2023-in-the-eu https://helloastra.com/blog/article/average-software-develop...
      - culi 2y ago
        That's about $33.8k a year. Before taxes and with no benefits The numbers in your source also contradict your statement, but point taken that European dev salaries are much nominally lower than American ones. It's still obviously not enough to pay a dev and business expert EDIT: wow I just checked and the weekly amount they receive just went up to ~$875!
  - filmgirlcw 2y ago
    They don't even have the ability to group transactions together for US payments (or payments in Australia, Japan, Mexico, Malaysia, Hong Kong, New Zealand, Singapore, and others [1]) to lower fees, so I think any hope that a project like this would have any leverage is misplaced. [1]: https://liberapay.com/about/global https://liberapay.com/about/global
    - Changaco 2y ago
      I asked Stripe back in 2018 if we could expect their unexplained same-region limitation on transfers to be lifted. They said it would be lifted soon. It's 2025, the limitation still exists and I still don't know why.

simjnd 2y ago

> What are the payment processing fees? > The fees vary by payment processor, payment method, countries and currencies. In the last year, the average fee percentages have been 3.1% for the payments processed by Stripe and 5% for the payments processed by PayPal. Giving 97% of the money to devs is pretty amazing. They also don't take a cut from donations made.