Tech Business
How Stripe Makes Money: The Payments Take Rate
How Stripe makes money: the 2.9% + 30¢ headline is a collection number. See the take-rate waterfall, what interchange takes, and the thin spread left.
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2 articles
Tech Business
How Shopify Makes Money: The Take-Rate Engine
How Shopify makes money: the take-rate engine behind merchant solutions, why payments now drive 73% of revenue, and the margin question, read through the 10-K.