The Problem

The Costly Burden of Card Payments

• Account Freezing

• High Risk Businesses

• Chargebacks

  • 75% of eCommerce businesses saw an increase in fraud attempts in 2021

  • Global chargeback costs grew by nearly a third between 2018 and 2021

  • CNP (card not present) fraud losses will soar to $28.1 billion in 2026; 40% increase from 2023

Fees Breakdown

• Stripe - 2.9% + 30¢

• Square - 2.6-3.5% + 10-30¢

• PayPal - Checkout - 3.49% + 49¢

  • QR Code Transactions - 2.29% + 9¢

In 2022, US merchants spent $160.70B to process $10.589T in card payments according to the Nilson Report. link