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I still don't completely understand how Stripe can be so cheap. How do they pass charges onto payment processors without incurring some sort of fee that is not
by snake_plissken 13y ago
I still don't completely understand how Stripe can be so cheap. How do they pass charges onto payment processors without incurring some sort of fee that is not equal to the market rate for all other transactions? Is there some sort of fee scale on the processor side that decreases as the transaction amount increases?
- digikata 13y agoI'm guessing you could renegotiate the rate based upon taking on some of the liabilities. e.g. if Stripe says, hey if we take on all the cost of fraudulent transactions, can we get a discount for the transactions we send through your network?