Let's say you're a small EU-based merchant accepting payment for international orders via Stripe. An incoming iDEAL payment costs €0.30 / transaction. An incoming credit card payment? €0.25 / transaction, plus 2.5% of the transaction value. On top of that, you as merchant are charged €20 for every chargeback! And those additional costs are of course passed on to the customers because they will raise all prices by 2.5% to make up for it.
There is no free lunch. You are implicitly buying fraud insurance on every order and paying 2.5% for it.
No, but you're still paying for it.
Let's say you're a small EU-based merchant accepting payment for international orders via Stripe. An incoming iDEAL payment costs €0.30 / transaction. An incoming credit card payment? €0.25 / transaction, plus 2.5% of the transaction value. On top of that, you as merchant are charged €20 for every chargeback! And those additional costs are of course passed on to the customers because they will raise all prices by 2.5% to make up for it.
There is no free lunch. You are implicitly buying fraud insurance on every order and paying 2.5% for it.