RSlade
Regular Member
- Jun 6, 2024
- 283
- 350
I let another member on BHW use my Stripe for their store for a percentage of sales since I rarely used it and it just helped me collect a few grand in monthly payments. I initially started talking to him in December and was connected to his store at the beginning of January.
Everything was going well, and by the time February hit, he was generating a few thousand/day on average. This was good; he frequently switched stores that I would manually link to every time. They were whitehat stores and practically zero disputes.
He would also push for me giving him an API key, which I denied until we worked together longer. Now that March hit, he asked again, and I agreed considering we have built a decent relationship with very few hiccups.
The day I gave him the keys, nearly every past customer I had on Stripe was charged thousands of dollars each. Within the hour, he sent me a message asking me to send him his portion of the money. When I realized the money came from all old clients, I changed the API keys and confronted him. He had some lousy excuse: it was a bug.
While Stripe blocked most of the payments for high risk(fortunately), around 15k in charges still went through. I had to go in and refund all those clients and send them an email apologizing. This just made me to look like an idiot and put my Stripe account at a huge risk of suspension. Luckily, most clients were pretty understanding.
I just figured I would share this story to help protect anyone else here who is giving out their stripe as a JV. Maybe the guy thought I wouldn't notice the money came from past clients and would think they were new orders. I don't know.
Everything was going well, and by the time February hit, he was generating a few thousand/day on average. This was good; he frequently switched stores that I would manually link to every time. They were whitehat stores and practically zero disputes.
He would also push for me giving him an API key, which I denied until we worked together longer. Now that March hit, he asked again, and I agreed considering we have built a decent relationship with very few hiccups.
The day I gave him the keys, nearly every past customer I had on Stripe was charged thousands of dollars each. Within the hour, he sent me a message asking me to send him his portion of the money. When I realized the money came from all old clients, I changed the API keys and confronted him. He had some lousy excuse: it was a bug.
While Stripe blocked most of the payments for high risk(fortunately), around 15k in charges still went through. I had to go in and refund all those clients and send them an email apologizing. This just made me to look like an idiot and put my Stripe account at a huge risk of suspension. Luckily, most clients were pretty understanding.
I just figured I would share this story to help protect anyone else here who is giving out their stripe as a JV. Maybe the guy thought I wouldn't notice the money came from past clients and would think they were new orders. I don't know.
