So is your target customer is very small transaction web sellers? Because 4.9% + 30c per transaction is extremely high. That's 2.9% + 30c from stripe and 2% from you.
I would definitely consider capping the pricing structure. Something like 2% of the first $10k transasctions, and 0.5% thereafter. That or just have an introductory tier that's based on % of transactions, and higher level tiers that are monthly fees. The percentage fee is very attractive for small merchants who just want to try something out, but obviously loses its upside if your experiment works out.
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So is your target customer is very small transaction web sellers? Because 4.9% + 30c per transaction is extremely high. That's 2.9% + 30c from stripe and 2% from you.
https://stripe.com/us/help/pricing
If you're selling in any kind of volume, something like shopify would be a no brainer over this.
I would definitely consider capping the pricing structure. Something like 2% of the first $10k transasctions, and 0.5% thereafter. That or just have an introductory tier that's based on % of transactions, and higher level tiers that are monthly fees. The percentage fee is very attractive for small merchants who just want to try something out, but obviously loses its upside if your experiment works out.
good idea and encourages the seller to hustle. ;)