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Stripe Increases Pricing

6 pointsby dkobranover 5 years ago
Today, we received a message from Stripe (can&#x27;t include the message here as it is over 2000 characters) which says they will no longer be returning Stripe fees for refunded payments, they will be adding a new charge for accepting international charges, and they will be charging for their fraud protection tool called Radar.<p>Why this is frustrating: - Stripe now profits off fraudulent payments. At $15 per dispute (plus the 2.9% + 30¢ per charge), this is a massive amount of money. If a payment processor has a financial incentive to accept fraudulent payments, then the incentives are misaligned -- Stripe is now at odds with their own customers.<p>- It always feels like (or is) a bait and switch when companies don&#x27;t indicate that a feature will cost additional money in the future. We became reliant on Radar as early adopters (re: beta testers) and then instead of getting grandfathered-in, they jack up the price. This happens time and time again and it&#x27;s shocking to me that companies are willing to treat their customers like this. Had we known this would become a large expense, we would have gone with someone else for fraud protection. Radar is objectively a sub-par tool. Unfortunately, migrating away will be painful.

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