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by saurik 4371 days ago
A question which no one has asked yet: what are the fees? Alipay charges a flat 3% while Stripe normally (for credit cards) charges 2.9%+$0.30. The variable cost to Stripe from a credit card processor is (of course) lower than 2.9% (so Stripe has a margin), 3% is (clearly) not (the fixed $0.30 only helping for small transactions). Will Stripe be charging more (variable, to have a margin) and/or less (fixed, to pass on the lack of a fixed interchange fee to customers) than its usual credit card processing fees when a customer is using Alipay? (An answer may also shine some light on whether Alipay is profit sharing with Stripe to get Stripe's support or if Stripe is being forced to charge on top of Alipay to get access to their users.)
1 comments

(I work at Stripe)

The pricing for Alipay transactions is the same for credit/debit card transactions: https://stripe.com/pricing