Wait, is there no minimum?
Because 0.8% on very small amounts is very practical for micro payments.
$1 payment would cost a fraction of a penny.
What am I missing?
This will be game changing if my observation is correct.
Because 0.8% on very small amounts is very practical for micro payments.
$1 payment would cost a fraction of a penny.
What am I missing?
This will be game changing if my observation is correct.
But that's literally the only problem. The fee structure is AWESOME for micro-payments, so for the right things (small subscriptions?) this could be amazing.
That's the big sell as a merchant -- chances are your user is already configured for payments. And the larger their network grows the more likely this is true.
Especially because in most cases, you can be totally transparent with the fact that you are using Stripe.