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0 pointsSomeone2y ago0 comments

> And I suspect that you're right that 27% is too large a cut to survive.

I don’t see that being killed soon. The 3% for payment processors is a lot higher than the 0,2% or 0,3% limits for debet/credit card payments within the EU (https://eur-lex.europa.eu/EN/legal-content/summary/fees-for-..., and AFAIK no payment processor decided to leave the EU market because they couldn’t earn money anymore.

There also is ‘prior art’ for that 3%/27% split in the case of dating apps in the Netherlands, where the Dutch regulator declared that OK (https://techcrunch.com/2022/06/13/apple-dutch-dating-apps-pa...). AFAIK, there hasn’t been further action on that front.

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TillE2y ago

That regulation seems completely irrelevant, PayPal charges much more than that in Europe.

SomeoneOP2y ago

I don’t see how it’s irrelevant. The EU has said what they find reasonable for payment processing, and AFAIK nobody walked away, and Apple ‘gives’ more.

Also, PayPal is more than a payment processor. It also is a broker (and, effectively, also a shop).

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