Business
What % Do Payment Providers Take From Retailers?
![What % Do Payment Providers Take From Retailers?](/_next/image?url=https%3A%2F%2Fcdn.voronoiapp.com%2Fpublic%2Fimages%2Fvoronoi-What--Do-Payment-Providers-Take-From-Retailers-20240510131155.webp&w=3840&q=75)
What we’re showing
The rate charged by a variety of payment providers, specifically credit cards and e-wallets.
Key takeaway
E-wallet services charge significantly lower fees than traditional credit cards.
Context
E-wallets are significantly more popular than credit cards in emerging markets. For example, in China, e-wallets account for 56% of consumer transaction value, while credit cards represent only 18%.
Dataset
Type | Payment provider | Country | Merchant take rate (%) | Merchant take rate (%) |
---|---|---|---|---|
Credit Card | Mastercard | U.S. | 1.15 plus 5 cents | 2.5 plus 10 cents |
Credit Card | Visa | U.S. | 1.15 plus 5 cents | 2.4 plus 10 cents |
Credit Card | American Express | U.S. | 1.43 plus 10 cents | 3.3 plus 10 cents |
E-wallet | PayPal | U.S. | 2.02 | |
E-wallet | GrabPay | Singapore | 1.00 | |
E-wallet | WeChat Pay | China | 0.60 | |
E-wallet | Alipay | China | 0.55 |
Data sources
Major credit cards charge a range + a fixed amount.
38
0
743