Luke.eth | Stripe Developers | Page 1

dense templeBOT Apr 13, 2023, 8:32 AM

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unique carbon Apr 13, 2023, 8:33 AM

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The Stripe presentment currency would be USD, but your customers may pay with a EUR/GBP denominated method. Correct?

astral ice Apr 13, 2023, 8:34 AM

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yes

unique carbon Apr 13, 2023, 8:34 AM

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Then yes any FX would happen at the customer source (i.e. their bank/card issuer)

astral ice Apr 13, 2023, 8:35 AM

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thanks you.

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I have one more question

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We have an account in the US and there's this Manually entered card charge. Correct me if I understand this correctly, this charge occurs when we fill the card details for our customers beforehand in the Stripe dashboard, is that correct?

unique carbon Apr 13, 2023, 8:38 AM

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I think those fees are higher, yes: https://support.stripe.com/questions/manually-entered-card-payments

Manually entered card payments : Stripe: Help & Support

Find help and support for Stripe. Our support center provides answers on all types of situations, including account information, charges and refunds, and subscriptions information. Get your questions answered and find international support for Stripe.

astral ice Apr 13, 2023, 8:38 AM

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what do you mean by those fee are higher?

unique carbon Apr 13, 2023, 8:39 AM

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The URL above explains. The fees are higher for payments when you manually enter the card details, as opposed to being entered by customers

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The higher fees reflect the cost of higher fraud rates associated with collecting customer card details by phone or other unencrypted sources. Typing in sensitive customer data directly bypasses much of the security that's built into Stripe's online payments. As a result, we see higher fraud rates on manually entered payments, leading to higher costs for Stripe.

#Luke.eth