>11 percent. That is the charge back rate in gaming. The "overall" stat for all transactions is something like 3 percent.
1. source?
2. How does that justify a 30% rate, when presumably it's clawed back from developers?
>Card processing isnt free. There are fees, and supporting card processing still has more humans in the loop than one needs. Never mind all the technology that comes with running the dam platform.
Again, nowhere near 30% though
>Meanwhile, AWS has a 30+ percent margin and I dont see CTO's lining up to run hardware...
30% margins on renting hardware is totally different than a 30% tax on transactions, and it's disingenuous to imply they're comparable. At the very least amazon needs to spend the other 70% on running servers and investing in datacenters, whereas valve doesn't. It's studios that are actually doing the development. Valve just is charging 30% on top of that. To take an extreme example, compare the 2-3% fees charged by visa vs the ~15% gross margins that car companies make. Even though that's 5x higher, I doubt many are outraged about car companies' profiteering.
