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by guan
2494 days ago
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Buying something for $100 using eBay’s credit card service does technically imply paying $100 to eBay, but eBay would not recognize $100 in revenue. eBay’s revenue from that transaction would only be the fees they collect, mainly the final value fee which is 10% in most categories plus 2.7% in payment processing, and any other fees they charge. Similarly, Stripe does not recognize the full value of every transaction as revenue, only their fees. |
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