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Comment by thefounder | Hacker News Reader

I think visa and Mastercard have the same behaviour even supported by the governments. You can’t add the visa fee to the checkout.

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The EU regulates credit card fees caping them at 0.3% [1]. That is roughly a fifth of the fees charged in the US and roughly two orders of magnitude smaller than Apple app store fees.

[1] https://eur-lex.europa.eu/EN/legal-content/summary/fees-for-...

I think that’s a different fee. As a merchant accepting credit card or debit card payments is going to cost you the same 2-3%. At least that’s what Stripe or local payment processors charge

Stripe charges 1.5% + €0.25 ($0.27) in the EU to accept EEA cards [1]. Stripe charges 2.9% + $0.30 for processing domestic cards in the US [2].

The reason it charges 1.4% more for accepting US cards is the US card fees (interchange fees). These fees are complicated and roughly five times more than European card fees [3].

[1] https://stripe.com/en-fr/pricing

[2] https://stripe.com/pricing

[3] https://www.nerdwallet.com/article/small-business/credit-car...

It varies state-to-state.

https://www.bankrate.com/credit-cards/business/can-a-busines...

The typical way stores get around it in Canada is with a "discount" if you pay cash.

And yet several places do. “Menu reflects cash prices” and “tuition payment via credit card will be subject to a 3.5% fee” are 2 I got this week.

What? Basically every store I go to adds a fee for credit transactions.

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