Payments Take Rates

Square

• Aggregates as sub merchants

• 5 minute onboarding / application

• Underwriting happens after you onboard (lets everyone in first and then monitors for fraud)

  • Very stringent fraud monitoring, not great service if you are indeed a legitimate company

• Take rate is like 2%

Stripe

• API embeddable

• ~0.5-1% take rate

• Flat

• 2.9%+$0.30

Adyen

• Became a literal bank to own acquiring too

• E commerce focused, global focused

• Interchange plus 0.12USD

• <1% take rate

Paypal

• Flat

• 2.9%+$0.30

Worldpay

• Flat

• 2.9%+0.30 euros

On average take rates 100-130 bps aka 1-1.3%