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by gamblor956
1289 days ago
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Stripe Tax. The 0.5% per transaction cost is incurred only in jurisdictions where the business is obligated to collect taxes. For US-based businesses, this generally represents a very small fraction of total payment volume. (And, of course, the tax collection itself is mandatory, and so some tax provider or calculation engine presumably has to be paid for.) That's obscenely high compared to what we pay one of your competitors for more functionality than what Stripe Tax provides. Your customers are easily pay a 100% premium over alternatives just to keep everything within Stripe. |
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