>I have no particular insight into Stripe's product roadmap, but my guess is that they probably won't put 5% + $0.05 pricing into the market anytime soon. That pricing would put them underwater on individual transactions, since it costs more than that to process a charge to a credit / debit card.
>Amazon and PayPal can only do it because a) PayPal can sometimes process payments to a user's bank account (instead of their credit / debit card) or pull funds from a user's existing PayPal balance, which costs them next to nothing and b) Amazon also sometimes routes payments through a bank account, but they also don't have high margins and can live with some 'loss leader' transactions.
Excerpt:
>I have no particular insight into Stripe's product roadmap, but my guess is that they probably won't put 5% + $0.05 pricing into the market anytime soon. That pricing would put them underwater on individual transactions, since it costs more than that to process a charge to a credit / debit card.
>Amazon and PayPal can only do it because a) PayPal can sometimes process payments to a user's bank account (instead of their credit / debit card) or pull funds from a user's existing PayPal balance, which costs them next to nothing and b) Amazon also sometimes routes payments through a bank account, but they also don't have high margins and can live with some 'loss leader' transactions.