rasengan on Balanced Makes Volume Pricing Public

Comment on Balanced Makes Volume Pricing Public

Bravo to transparency. Isn't this expensive though?

Balanced employee here. You can compare yourself:

* http://blog.balancedpayments.com/volume-pricing/

* https://www.braintreepayments.com/faq control-f pricing

TL;DR: Everyone has 2.9% + 30¢ on their page, Stripe mentions to email them for a discount if you're doing over $1MM/year.

dangrossman 12y

PayPal's volume pricing has always been public as well:

    $0 - $3,000/month	2.9% + $0.30
    $3,000 - $10,000	2.5% + $0.30
    $10,000 - $100,000	2.2% + $0.30
    $100,000+		1.9% or less, requires calling sales

Nonprofits automatically get 2.2% with no minimum volume, and in-person transaction with a PayPal Here dongle on your phone/tablet automatically get 2.7% flat with no minimum volume.

https://www.paypal.com/webapps/mpp/merchant-fees

jareau 12y

PayPal's open pricing was part of the inspiration for opening up our pricing tiers. PayPal however sells directly to merchants. Balanced sells to marketplaces, which benefit from the aggregated volume of merchants on their platform, hence the higher transaction volume criteria for our tiers.

mcorrand 12y

It's the same pricing as all their competitors if I recall correctly.

throwaway85723 12y

Uh...no. In fact, 1.9% is probably way less than their costs (ie, unsustainable).

zendeOP12y

It's not.

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