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Payment processors take a cut in the range of 1-3%.



Find me a US payment process that takes 1% for credit cards


But I provided a range to absolve myself of the culpability of a citation. :)

Jokes aside, I'm sure you can find processors charging < 2% for customers with high volume. But you're right, it's certainly not standard. Maybe 2-4% is a more accurate range.

Point stands that it's a lot lower than 30%.


Not even for high volume. Stripe's standard rate is just 1.4% for domestic cards in the UK (1.75% in Australia) and 2.9% for international sales.

https://stripe.com/en-gb/pricing

https://stripe.com/en-au/pricing


Yah I was talking about the US. You cannot find 2% in the US either. Our fees are much much much higher than UK or AU.


https://www.helcim.com/us/pricing/ is 1.9% with no volume.


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