Stripe fee that seems way higher than expected
I’m trying to understand a Stripe fee that seems way higher than expected.
I created a Stripe invoice for €468.99:
- €460 product/service
- €8.99 extra fee line
Client is from France and paid using Apple Pay with a Visa card.
My Stripe account is a US LLC account, but EUR currency is enabled on it, so there shouldn’t have been a currency conversion on my side.
Stripe took €20.89 in fees, which feels really high (~4.45%).
I initially thought adding the €8.99 as a separate “fees” item would prevent Stripe from cutting into the product amount, but now I realized Stripe charges fees on the total invoice amount anyway.
What I’m trying to understand is:
- Is this normal for a US Stripe account receiving EUR payments from EU cards?
- Does Apple Pay increase fees or is it just treated as the underlying Visa card?
- Could this be because the Visa was commercial/business?
- Does Stripe Invoicing itself add extra fees on top of card processing?
Would appreciate if someone who deals with international Stripe payments can explain the breakdown a bit better.