Stripe updates pricing on cross-border fees between UK and EU
by aosaigh on Hacker News.
I just got an email from Stripe: — Hello, We’re writing to let you know that we’re making some changes to cross-border fees in Europe and the UK starting 1st July 2022. Based on your Stripe transaction history, this change won’t impact [Company], and all other pricing will remain the same. You can review the most up to date fees for international transactions on our pricing page. You can contact us, and find more details about this pricing update, managing or closing your account, or any other next steps, on our dedicated support page. – The Stripe team — Of course they don’t actually mention what the changes are, but looking at the pricing page [0], it seems like there is now an additional 1.1% (making it 2.5% in total) for EU companies taking UK payments and for UK companies taking EU payments. I imagine this is related to Visa and Mastercard price increases post-Brexit? [1] [0] https://ift.tt/CAnKISf [1] https://ift.tt/F1AQEP0