Because they put in the work.
Discussion
I completely understand… this is different. I want to understand specifically why that price.
I’ve built plenty of websites; however this one will need a bit more outside of my scope. That’s a lot of money compared to what I’ve seen/experienced in the past.
Dedicated 2 weeks at $200/hr … seems reasonable for a Western developer doing some complex website integration that you (presumably a novice?) are struggling with.
I’ve had some friends do geographical arbitrage and find an Indian programming firm to do the work at a lower rate. It was brute force functional work without need for design and aesthetics.
We are talking financial transactions here, all cases need to be thought of and things get complicated quickly 🐶🐾🫡