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by onion2k
2869 days ago
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Seems like it's just giving up on a lot of money for 'reasons'. There's no way to ascertain how much profit a payment provider makes based on the transaction cost. That 30% fee might be necessary in order to make a profit after covering all the expenses incurred by dealing with vast amounts of fraudulent transactions, chargebacks, lawyers, etc. Maybe Stripe aren't giving up a lot of money; maybe providing payment services to the adult entertainment industry is just really expensive per transaction. |
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