Earlier quoted context omitted.
(I work at Stripe) PayPal actually starts at 2.9% + $0.30 and charges a variety of add-on fees which you didn't include in your assessment: $30 per month if you want to design and host your own checkout pages, 1% cross-border surcharge if you want to accept payments from another country, 3.5% transaction fee when your customers pay with American Express, $0.30 per uncaptured authorization, a fixed fee portion of the…
A new venture is a lot more likely to reach PayPal's threshold for discounted fees ($3,000/month) than Stripe's ($83,333/month). There is no additional fee for American Express cards with Website Payments Standard. The only fixed fee my current merchant provider charges is $5/month, and I pay a $99/year fee to a PCI scanning service. The merchant account space isn't resting on its laurels with startups like yours mov…
Stripe is a blessinq!