We’re letting you know about Stripe pricing changes for international card transactions, disputes, and sales tax, starting June 1, 2023. We also want to share ways we can help you reduce costs and grow revenue.
International card transactions
Over the past few years, card networks have increased the total fees that Stripe pays for card processing. Because of these costs, starting June 1, Stripe’s additional fee for international card transactions will change from 1.0% to 1.5%. There’s no change to our standard 2.9% + $0.30 pricing for US card transactions.
How you can reduce costs and grow globally:
In many countries, customers prefer to pay with their bank, digital wallet, or other non-card methods, which may be cheaper than cards. Stripe makes it easy for you to accept more than 25+ ways to pay using Checkout, the Payment Element, or with the API, and you can choose the most effective payment methods for your business.
Our checkout experiences automatically show your customers the most relevant payment methods based on local preferences and are tailored to 30+ languages and 135+ currencies across web and mobile.
Disputes
Whether you win or lose a dispute, card networks charge Stripe a fee in either case. To cover these costs, starting June 1, Stripe will no longer return the $15 dispute fee for successfully contested disputes. The dispute fee itself is not changing.
How you can prevent chargebacks and win more disputes:
Stripe Radar uses machine learning to help prevent fraudulent charges. Radar is typically a paid product, but it’s free for users like you on our standard pricing.
We now recommend what to submit by analyzing millions of disputes, so you can fight the right ones with the best evidence.
Making payment optimization features free
We’ve decided to make two payment optimization features free for you starting June 1. Adaptive Acceptance and network tokens have increased revenue for businesses on Stripe by an average of 1.2%. There’s nothing you need to do: we’ll turn them on for your account if they aren’t on already.
Adaptive Acceptance prevents customer card declines using machine learning to dynamically optimize the details of card network requests. In 2022, Adaptive Acceptance generated over $5 billion of incremental revenue for Stripe businesses.
Network tokens automatically update card details when old cards expire so your customers don’t need to re-enter anything.
We’re here to help you navigate these price changes and grow your business. Visit our support page to learn more or connect with our team.
— The Stripe team
