alt Hacker NewsThe majority of which is going directly to Visa, Amex, Mastercard.
Replies
john_strinlai • yesterday at 9:41 PM
i dont believe any of those companies take anywhere near a 20% cut per transaction
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rezonant • yesterday at 10:52 PM
That's incredible, so Stripe at 3% plus $0.30 per transactions must be losing money hand over fist!
Nah, credit card fees are like 1.5 to 3.5%.