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sodality2
on Dec 9, 2022
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Stripe’s real pricing: a primer
I pay 15% fees because of a very low subscription fee ($2.50).
2.5 * 0.029 = 0.0725 + 0.3 = 0.3725 / 2.5 = 14.9%
tyingq
on Dec 9, 2022
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They also don't refund fees when a customer wants a refund.
jessaustin
on Dec 9, 2022
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Have you tried encouraging longer subscriptions through steep discounts?
sodality2
on Dec 9, 2022
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Yep. I offer a yearly plan for $26. My customers are split almost exactly half and half with monthly and yearly subscribers
jessaustin
on Dec 11, 2022
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Thanks for the information; you're probably pretty close to optimal with those prices!
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2.5 * 0.029 = 0.0725 + 0.3 = 0.3725 / 2.5 = 14.9%