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Why are the rates different for European accounts?

Fees for using ArtBinder Checkout are determined by Stripe, and prior to December 9, 2015, the percentage fee for all ArtBinder Checkout charges was 3.9%, regardless of account locality. However, on December 9, 2015, Stripe announced lower pricing for European accounts in response to new regulations from the EU. We automatically applied these new lower rates to ArtBinder Checkout. Should Stripe lower their rates in other localities in the future, those lowered rates would similarly apply to ArtBinder Checkout.

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