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Took 'em long enough. Only downside is that Amazon has smaller fees for micropayments than other payment providers at 2% + $0.05 for debit cards and 5% + $0.05
by zmitri 12y ago
Took 'em long enough.
Only downside is that Amazon has smaller fees for micropayments than other payment providers at 2% + $0.05 for debit cards and 5% + $0.05 for credit.
For comparison, Stripe has a rate of 2.9% + 30¢ -- but I'm sure KS will get a better deal due to the magnitude of their throughput.
Given that the average pledge size is $25 it won't that much of a problem, but any of those $1 pledges are close to halved from KS+Stripe fees before they get to the creator.
- mecredis 12y agoOur average pledge is actually closer to $75 and the median pledge varies between $25 and $30. Source: https://www.kickstarter.com/help/stats https://www.kickstarter.com/help/stats
- zmitri 12y agoI saw it here: https://www.kickstarter.com/help/handbook/rewards https://www.kickstarter.com/help/handbook/rewards I read too quickly though, $25 is most popular reward level, $75 is average. Either way, it shouldn't be a big deal since it's much higher :)