4 ms·
Bravo to transparency. Isn't this expensive though?
by rasengan 13y ago
Bravo to transparency. Isn't this expensive though?
- mcorrand 13y agoIt's the same pricing as all their competitors if I recall correctly.
- steveklabnik 13y agoBalanced employee here. You can compare yourself: * http://blog.balancedpayments.com/volume-pricing/ http://blog.balancedpayments.com/volume-pricing/ * https://stripe.com/us/pricing https://stripe.com/us/pricing * https://www.braintreepayments.com/faq https://www.braintreepayments.com/faq control-f pricing TL;DR: Everyone has 2.9% + 30¢ on their page, Stripe mentions to email them for a discount if you're doing over $1MM/year.
- throwaway85723 13y agoUh...no. In fact, 1.9% is probably way less than their costs (ie, unsustainable).
- zende 13y agoIt's not.
- deleted 13y ago[deleted]
- dangrossman 13y agoPayPal's volume pricing has always been public as well: $0 - $3,000/month 2.9% + $0.30 $3,000 - $10,000 2.5% + $0.30 $10,000 - $100,000 2.2% + $0.30 $100,000+ 1.9% or less, requires calling sales Nonprofits automatically get 2.2% with no minimum volume, and in-person transaction with a PayPal Here dongle on your phone/tablet automatically get 2.7% flat with no minimum volume. https://www.paypal.com/webapps/mpp/merchant-fees https://www.paypal.com/webapps/mpp/merchant-fees
- jareau 13y agoPayPal's open pricing was part of the inspiration for opening up our pricing tiers. PayPal however sells directly to merchants. Balanced sells to marketplaces, which benefit from the aggregated volume of merchants on their platform, hence the higher transaction volume criteria for our tiers.