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Comment by gnrl | Hacker News Reader

Does stripe not charge more than 1% itself? How does the math work out?

The math doesn't work out: https://flurly.com/pricing. The real cost is 3.9% + $0.30 (which takes into account Stripe's fees). If you are a seller and price your item at $100, the platform charges $103.20 to the customer, gives $99 to you, takes $1.00, and gives $3.20 to Stripe.

The additional cost is covered by the customer, so they're not lying about only taking 1% from the seller... still a bit misleading, though.

OP, please fix this! It looks like you've made a cool product; there's no need to be misleading about how much it costs. Just give the real "after-fees" percentage straight out.

This isn't correct. Re-pasting a previous answer to add clarity:

So if you sell a $10 item:

1%, or 10c goes to Flurly

2.9% + 30c or 59c goes to Stripe

$10 - 10c - 59c = $9.31 goes to the seller

There is no additional charge to the customer above $10.

Wait a second -- that means your claim that 99% goes to the seller is false, which is even worse in my opinion because you explicitly state that they get 99%. You can't have it both ways -- someone is paying for the Stripe fees, dude. You should change your wording immediately to make it clear that the seller does NOT get 99%, they get 99% LESS Stripe fees, which is a huge difference, since your entire marketing strategy seems to rely on them getting 99% (which is not the case).

The copy has been updated to reflect that the 99% is after payment processing fees.

The fine print contains a larger fee (2.9% + 30) than the large print (1%), so it's still definitely misleading. It's like selling someone a $5 item with fine print that shipping will be $10. Shouldn't you be up front about the larger term? Anyway, good luck. Also, you forgot to update the gif.

I think those charges are applied along with the 1% cut to Flurly.

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