I don't know enough about the topic to analyze whether 3% is high or low, but I ... | Hacker News

Hacker Newsnew | past | comments | ask | show | jobs | submit

		rileymat2 on March 2, 2023 \| parent \| context \| favorite \| on: Square to no longer return processing fees when bu... I don't know enough about the topic to analyze whether 3% is high or low, but I don't think it makes sense for them to refund the fee in the case of refunds. They have provided the same service, same costs. So I would hardly call them villains for that aspect.

Marsymars on March 2, 2023 [–]

If your baseline is “same service, same costs”, then the fees from Visa/MC should be a fixed amount rather than a %.

Guidelines | FAQ | Lists | API | Security | Legal | Apply to YC | Contact