On: Stripe Terminal – Programmable point of sale

[foobaw]

how much fee is collected like this? Stripe Connect takes a fee, Stripe Terminal takes a fee, etc.

[iwaffles → foobaw]

I don't think the fees stack like that. The terminal page says 2.7% + $0.05 per transaction. I believe that Stripe Connect doesn't take an extra fee, at least not in my experience.

[aaaaaaass → iwaffles]

It does. It takes a percentage of the connected user’s sales AND a $2.00 monthly fee per user AND the normal transaction fee.

[briandear → aaaaaaass]

If there was a competitor to Connect, I would use it. Fees end up being around 3.4%. That’s pretty hard to sell customers on.

[jjeaff → briandear]

So 3.4% for card present? That will not fly except with the smallest of businesses. (which is not where the profit is).