m_km

And Google Chat does not have a native Desktop app. I guess they're the only chat app that don't.

I don't understand the downvotes to this comment.

Both PayPal and Stripe have a separate ‘micro transactions’ pricing that they will enable upon your request. Instead of 2.9%+$0.30, they will charge you 5%+$0.05.

Love the idea but I do not understand how to make this work. Also, clicking on the repo link on the site takes me to the bot.

Indian here. One thing you should remember is that UPI is free (so far) because it is not a 'Credit' product yet. With a credit card, someone is giving you a loan for x days and there are costs associated with it - interest rates, default rates, etc.

Of the 2.9% that Stripe (or any other processor) charges, a majority of the fee goes to the credit card issuer, i.e. bank. You probably chose to use a particular credit card because of the rewards offered by that particular bank. So, practically, a majority of the 2.9% fees goes to the issuing bank and a major portion is returned as rewards to the credit card user, i.e. the payer. Since the merchant, i.e. the seller, probably raised the prices by ~3% in order to afford the processing fees and credit card users get back most of it in rewards, people that use any other mode of payment end-up paying extra for the same product practically.

'Credit' cards are going to cost money for the foreseeable future. Issuing banks charge anywhere from 1.8% to 3% or higher for processing credit their cards. Processors add a markup on top of this fees to their merchants. 'Debit' cards issued by the major banks on the other hand, cost less than 0.5% for the processors. Stripe charges 2.9% for both debit as well as credit cards, YES but their costs to them are not the same.

Thank you for making it

This ‘on boarding’ process - does it have something to do with Compliance?