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

In the US there is a ~1.5-5% fee for each credit card transaction. In the EU it's capped at 0.3%

Losses due to fraud are much easier to eat in the US because of the 10x larger fee.



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

Search: