54 sats \ 4 replies \ @rblb 16 Jan \ on: Payment solution Stripe deplatforming accounts that sell bitcoin hardware bitcoin
Stripe is behaving weird lately.
They killed opencollective virtual cards citing breach of ToS firstly by falsely claiming they were in the restricted business list, and then that their use of virtual cards were not allowed in the ToS, despite being fine with it before. This is public info posted by OC, by the way.
I know also about other instances, but i won't go into details.
So at least it seems you are not alone.
We can only speculate what is going on, maybe change of management? Maybe overseeing? They are trying to appease to someone?
I wish there was an easy way to allow nocoiners to pay ln invoices without opening accounts or installing apps, like stripe but that functions only as gateway to btc o even usdt, so we could steer clear of all this bullshit.
For the next project that will need to accept fiat payments, i will 100% try to avoid stripe at all cost.
my guess is the behavior is due to pressure from the payment companies such as Visa and Mastercard. if those companies start telling Stripe they need to stop taking payments for miners or they won't let Stripe process transactions, then Stripe is going to do what they are told. Their whole business depends on those relationships. The ironic thing is that Stripe allows you to take cryptocurrency through their platform, I believe.
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Very likely.
The ironic thing is that Stripe allows you to take cryptocurrency through their platform, I believe.
Stripe has two account types, the standard account and the platform account, if you are a platform, for example a markeplace, a streaming service that pays creators etc, you can pay your users using crypto through stripe. But it doesn't allow you to accept crypto payment.
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