Just been banned from Stripe for selling pharma.

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jemwed

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A thriving pharma business has just been killed by Stripe/Visa.​

Have a read of the email Stripe sent me (well, a bit of it anyway).....

Your account was found to be in violation by Visa for selling controlled substances without a valid prescription. Despite our efforts to provide the card brands with evidence to the counter, your business was found to be in violation, and is subject to a fine, the amount of which has not yet been determined.

We wish you the best of luck moving forward.
Click to expand...

Stripe has about $400USD of my money. I'll never see that again. Easy come, easy go.

What are the chances of Visa actually trying to fine me? I'm small-fry, but, is it likely?

No chargebacks, and I know my computer science, I covered my tracks on this one. Stripe do not know my pharma site, else they'd have said. I still have a payout coming this Friday.

Someone must have done a controlled buy purely to report me.. Likely one of my competitors.

But enough of my problems. Do visa actually fine people for such as this?

Any and all advice is more than welcome, but let's go easy on the "didn't you know this would happen?" type moralising. I'm hardly Pablo Escobar
 
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I my opinion you have violated there TOS . All you need to do is to find high risk merchant which can be used for you payment gateway .
 
Yes, but which High Risk outfit?

I gross about $2-3000 per month. Who would take me?
 
Modafinil, Viagra. Allegedly.
 
Allegedly?

If Visa's terms state there are fines, then they will fine you.
 
I doubt it. Best of luck trying to collect, is all I have to say.

Can anyone recommend a high risk merchant?

Preferably someone who is less sketchy than me.
 
i also use Stripe for small pharma site. now i'm scared.
Does your payment form was on different domain? You sent payment links to customers or the can get to payment page automatically?
 
bitenieks said:
i also use Stripe for small pharma site. now i'm scared.
Does your payment form was on different domain? You sent payment links to customers or the can get to payment page automatically?
Click to expand...

Zencart, I hid the site behind a legitimate one.

Shared hosting, one IP address

Two sites, one database, one checkout. Credit to Stripe, they found me out. Took them months though.

I contacted Visa directly, they said they weren't interested, they do not fine anybody, Stripe is just hanging onto my money in case there is a chargeback (there won't be), I'll get my cash eventually.

I have fixed the problem now. I am making more than when I was with Skype, but it put me out of action for about two weeks.
 
Yeah, everyone want to pay fast as posible, so cards are best option.
I adjusted opencart, so after customer places order on success page there is button wich leads to other page with payment form.
Different servers/IP/domain.
pharma site behind cloudflare. payment page without.

How they found out? how you fixed?
 
If Visa/Mastercard is going to issue a "fine" to you, the $400 that Stripe is holding on to would be the least of my concerns.
 
bitenieks said:
Yeah, everyone want to pay fast as posible, so cards are best option.
I adjusted opencart, so after customer places order on success page there is button wich leads to other page with payment form.
Different servers/IP/domain.
pharma site behind cloudflare. payment page without.

How they found out? how you fixed?
Click to expand...

I never even considered Cloudflare.

I'll do the same again with my custom Zencart database, and like you I'll put it behind Cloudflare. Where there is a will, there is a way.

There is money in this business.

bitenieks, what do you sell?
 
jemwed said:
I never even considered Cloudflare.

I'll do the same again with my custom Zencart database, and like you I'll put it behind Cloudflare. Where there is a will, there is a way.

There is money in this business.

bitenieks, what do you sell?
Click to expand...

Mostly sport supplements, not long ago started Modafinil as well. looking to ED products. Now struggle to find reliable India dropshipper.
So we are competitors :D
 
bitenieks said:
Mostly sport supplements, not long ago started Modafinil as well. looking to ED products. Now struggle to find reliable India dropshipper.
So we are competitors :D
Click to expand...

Message me, I can help you out.
 
Why stick with Stripe? They reject all the orders made from Asian countries anyway, use 2CheckOut. Though, check with 2CO first to see if they allow your niche.
 
Vic Sage said:
Why stick with Stripe? They reject all the orders made from Asian countries anyway, use 2CheckOut. Though, check with 2CO first to see if they allow your niche.
Click to expand...

2CO is no go for pharma.

Stripe is great for the minimal API, just card number, expiry date and CVC code.

That's it.

Though maybe I could integrate 2CO and hide it all behind Cloudflare.
 
jemwed said:
A thriving pharma business has just been killed by Stripe/Visa.​

Have a read of the email Stripe sent me (well, a bit of it anyway).....



Stripe has about $400USD of my money. I'll never see that again. Easy come, easy go.

What are the chances of Visa actually trying to fine me? I'm small-fry, but, is it likely?

No chargebacks, and I know my computer science, I covered my tracks on this one. Stripe do not know my pharma site, else they'd have said. I still have a payout coming this Friday.

Someone must have done a controlled buy purely to report me.. Likely one of my competitors.

But enough of my problems. Do visa actually fine people for such as this?

Any and all advice is more than welcome, but let's go easy on the "didn't you know this would happen?" type moralising. I'm hardly Pablo Escobar
Click to expand...
BrightSpeed is an eCheck merchant that can support pharma, have you tried them? Hit me up on Skype if you're interested. Skype: scottbss)
 
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