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0 pointsMatheus286y ago0 comments

I don't think you understood my point in the first post. The point is that we don't know if Stripe still has to pay interchange fees in case of refunds. It is assumed they don't, and they're just pocketing it.

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scarface746y ago

Ahhh understood.

I’m seeing various things, but the consensus seems to be that the payment processor does get refunded the interchange fee.

https://www.quora.com/How-are-credit-card-processing-fees-ha...

So it would be fair if Stripe charged a small transaction fee for a refund but returned the bulk of the interchange fees.

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0 pointsMatheus286y ago0 comments

0 comments

scarface746y ago

Ahhh understood.

I’m seeing various things, but the consensus seems to be that the payment processor does get refunded the interchange fee.

https://www.quora.com/How-are-credit-card-processing-fees-ha...

So it would be fair if Stripe charged a small transaction fee for a refund but returned the bulk of the interchange fees.

j / k navigate · click thread line to collapse