Post #2981546

The App Store processes about $100B/year, while Stripe does about $1T/year. So, roughly, Stripe's business is 10x of Apple's * It also tells us that Apple's fraud rate is 2% ($2B / $100B). Let's assume that Stripe's has a similar fraud rate: that means they prevented $20B last year, or $100B vs. Apple's $9B. Apple's still thinking like they area the only ones on the Internet that can process money securely… * Analyst numbers, not reported by the companies, so take them with a grain of salt.