Ask HN: Complacency with Payment Processing on the Web

Stripe's pricing for payment processing on the web is 2.9% + 30¢ per successful card charge. Paypal's is 2.9% + $0.30 per transaction within the US.

It's disappointing that a per transaction pricing model is accepted as the status quo. It adds up.

- Shouldn't an online transaction be a digital exchange of currency between two individual's bank accounts? Does it really cost that much?

- Is there a good resource to view a breakdown of the fees at each step in the journey of a transaction?

- What businesses are taking a cut that could be removed from the transaction?

- Is there a possibility for disruption here similar to the way that Robinhood.com disrupted the "fees per trade" status quo?

Thanks