Heads up for Stripe users doing UK/EU transactions. Your fees are about to go up, a lot

If you use Stripe for UK/EU transactions, your fees are about to almost double, from 1.4% plus 20p to 2.5% plus 20p.

This (from what I can tell) includes payments from cards issued by an EU bank but transacted by Stripe into a UK GBP account. And vica versa.

They say it’s because card companies are now treating such transactions as “cross-border”.

Good old BREXIT!

Ugh… that’s nasty. Thanks for the heads up.