UK businesses who are paying out in USD to a US-domiciled bank account will now incur a 1% fee, with a minimum fee of US$2.50. My business does most of it's sales in USD and pays out to a US bank account, I don't understand this fee at all. Stripe is really becoming the new PayPal. Will definitely be exploring options to move to Adyen or continue moving more customers over to Paddle.
Now we're looking at 3.25% + £0.20 for the card payment in the US, 0.5% for Billing to handle subscriptions, 1% to payout, 0.4% if you want invoices, 0.5% if you need to handle sales tax. Already at 5.65% + £0.20 - that's without any of the paid radar tools.
