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Why are payment processor fees 3-6%? The court should investigate that too, it can't cost more than a few cents to process that charge.
by an0malous 11mo ago
Why are payment processor fees 3-6%? The court should investigate that too, it can't cost more than a few cents to process that charge.
- acessoproibido 11mo agoThe court is going to be pretty busy with all these investigations going on!
- Jensson 11mo agoEU courts did cap payment processor fees, so yeah that is intended. We can't have companies bottleneck and take excessive fees and thus stifle progress, when a company gets too powerful the government has to step in.
- johnnyanmac 11mo agoI'll never say no to properly auditing our systems. So sure. But I also recognize that few out there are pressing strong opposition to the idea of paying 3% for someone else to manage their financial transactions, or to host their own business. If I make a million dollars, paying 50k to Patreon or Kickstarter for hosting the service seems to make sense in my mind