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Not sure that's a good comparison. They are basically a merchant account as a service. Retail rate is 2.9% + $0.30. Businesses with strong transaction history a
by sologoub 13y ago
Not sure that's a good comparison. They are basically a merchant account as a service. Retail rate is 2.9% + $0.30. Businesses with strong transaction history and good volumes can get much lower than that from the traditional providers.
The merchant account business has higher numbers than Visa processing business.
- ajsharp 13y agoHow do you figure? Visa sees a piece of every card transaction involving a visa card.
- cstejerean 13y agoThe percentage that Visa charges should be much lower than what Stripe / Braintree charge. Visa can afford to stay in business at a fraction of a percent because they make it up in Volume.