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doesn't Stripe have an interest in maximizing this revenue recovery? they earn a percentage of successful charges
by npollock 2y ago
doesn't Stripe have an interest in maximizing this revenue recovery? they earn a percentage of successful charges
- JakeVacovec 2y agoIt's a diminishing returns problem... If they charge 2.9% + $.30 as their standard pricing, they are only keeping a small % of that as the issuer (Chase) gets the largest piece of the pie and the network (Visa) takes their cut too. If each declined authorization costs Stripe $.25, each attempt chips away at their margin.
- deleted 2y ago[deleted]