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Old 19.03.2019, 17:44
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Online Shop - Credit Card Fees

Hi,

I am planning for a online store. Most of the purchases will be made from outside Switzerland using credit cards. For processing payments, I am considering to use Stripe as a payment gateway. The disadvantage is on every transaction they charge 2.9% plus 30 cents. As the margin itself is only 6-8%, it is impossible to pay 2.9% for the payment gateway.

I checked with Credit Suisse & UBS which also charges commision fee.

Credit Suisse - E-Commerce Basic - 2.95% commission fee per transaction
UBS - E-Commerce EASY - 1.95% commission fee per transaction


Can some tell me if you know a bank in Switzerland which offers payment solution with flat fee per month without any commision?
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Old 19.03.2019, 19:43
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Re: Online Shop - Credit Card Fees

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Hi,

I am planning for a online store. Most of the purchases will be made from outside Switzerland using credit cards. For processing payments, I am considering to use Stripe as a payment gateway. The disadvantage is on every transaction they charge 2.9% plus 30 cents. As the margin itself is only 6-8%, it is impossible to pay 2.9% for the payment gateway.

I checked with Credit Suisse & UBS which also charges commision fee.

Credit Suisse - E-Commerce Basic - 2.95% commission fee per transaction
UBS - E-Commerce EASY - 1.95% commission fee per transaction


Can some tell me if you know a bank in Switzerland which offers payment solution with flat fee per month without any commision?
I doubt there is any bank in the world that accepts credit card payments without any fee. I use Strip for my online shop and fine them great, and 2.9% is a very fare fee.

Just increase your margins to cover it, Switzerland is not such a price conscious country to do business in.
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Old 19.03.2019, 20:17
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Re: Online Shop - Credit Card Fees

Postfinance startup option looks reasonable

https://www.postfinance.ch/en/busine...yment-psp.html

I interpret that it has no commission based fee but 1 CHF per transaction. Is it true?
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Old 19.03.2019, 20:24
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Re: Online Shop - Credit Card Fees

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Postfinance startup option looks reasonable

https://www.postfinance.ch/en/busine...yment-psp.html

I interpret that it has no commission based fee but 1 CHF per transaction. Is it true?
I haven't read it all, but I would guess that that fee is for Postfinance cards only.
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