How to get revenue from card merchant fees?

Question

I came across a business that offers free service by issuing a card to their customers and earning 1% on merchant fees when the customer uses the card to buy things. They appear to be using Stripe to do this, since that's what their ToS says. But I couldn't find anything about customizable merchant fees on Stripe's website.How do these merchant fees work? And is this something possible via Stripe?

tdhoot · Accepted Answer

Disclaimer: I work at Stripe, but not on the team(s) responsible for this.
You can use Stripe Issuing (https://stripe.com/issuing) to issue virtual or physical cards. If you have a large transaction volume or a unique business model, you can Contact Sales from that page to discuss "interchange revenue sharing", which seems to be what you're describing.
If you want to learn more about Interchange, check out this guide: https://stripe.com/guides/introduction-to-online-payments#co...

dang · Answer

Someone asked me whether our software had taken the word "Stripe" out of the title here. The answer is no - the submitted title was originally "Ask HN: Stripe-issued card merchant fees?", but the submitter later edited it. Our software doesn't take the word "Stripe" out of any titles, or do anything like that to titles. It does take out common linkbait patterns (and sometimes screws that up), but there aren't any proper names in those rules, nor anything YC related.