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Assignment - 2, PG RW QnA

BlueSnap cannot be used as a payment gateway for merchants based in India. The standard transaction fee for PayPal is 4.4% plus a fixed fee of 0.30 USD for US-based transactions, while micropayment rates are 6.00% plus 0.05 USD. Stripe charges a transaction fee of 4.3% plus 2% if currency conversion is required.

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1K views1 page

Assignment - 2, PG RW QnA

BlueSnap cannot be used as a payment gateway for merchants based in India. The standard transaction fee for PayPal is 4.4% plus a fixed fee of 0.30 USD for US-based transactions, while micropayment rates are 6.00% plus 0.05 USD. Stripe charges a transaction fee of 4.3% plus 2% if currency conversion is required.

Uploaded by

Arianna Ellie
Copyright
© © All Rights Reserved
We take content rights seriously. If you suspect this is your content, claim it here.
Available Formats
Download as PDF, TXT or read online on Scribd

ASSIGNMENT- 2 Rework

1. Can you verify again if BlueSnap can be used as a valid PG option in our situation?

Ans: Bluesnap is not supported for merchants based in India. Hence It cannot be used as
valid PG option for this situation.

Source: Bluesnap Supported Countries

2. Can you please confirm whether 4.4% + fixed fee is applicable for all transaction
sizes or is there any different fee applicable depending on the transaction volume?

Ans: 4.4% + Fixed Fee is for standard commercial transaction rate. However, the
transaction size is miniscule, Micropayment rates can be ideal as an alternative to
standard commercial transaction rates for businesses that process small payments.

The rate applicable for this is: 6.00% + 0.05 USD (micropayments fixed fee)

Source: Paypal Business Fee

3. Can you find the fixed part of the transaction fee in case Paypal is used as a PG
option?

Ans: For commercial transaction rate, the transaction fee is 4.40% + Fixed Fee.

Fixed Fee depends upon currency received. Since the service is for US-based customers
who want to make purchases on our website, The Currency received would be US- Based
Dollar which makes Fixed Fee 0.30 USD.

Transaction Fee: 4.40% + 0.30 USD

Source: Paypal Business Fee

4. Can you verify the transaction fee for Stripe again?

Ans: The transaction fee for Stripes: 4.3%+2% (If Currency Conversion is required).
Source: Stripe Pricing & Strip Pricing Fee Comparision

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