16 karma · joined August 22, 2019
with a high entertainment appeal, might i add!
i.e. complying with compulsory government regulation enacted for those ends, which is a huge barrier to entry.
for example, the platform can't commingle funds in a single bank account and use accounting to keep track of who is owned which beans. they have to set up separate bank accounts for each user!
its also bad design/marketing. i hate paywalls, too. but i'd gladly throw a bone here or there if given the opportunity, just like hitting an upvote button. so dont call it a payment or implement a payment system; call it something else that conveys gratuity/gift/support/tip/whatever
That being said, I see your point. It's a game of Whack-a-Mole. What's to stop businesses from setting up a cname record on their domain to Sendgrid, for example?
So, YES. Did you just stop reading after your bias was confirmed?
Adyen's MarketPay fee varies depending on payment method and is about 1-5% + 12¢ per transaction. I've contacted them to ask what one could expect for MC and Visa, but Amex and Discover are 3.95%, so I imagine similar. No mention of any other fees.
So for smaller dollar transactions (~$5), Adyen appears to be cheaper. Also, they support ACH, which Stripe does not.
sources: https://stripe.com/pricing https://www.adyen.com/pricing/full-list