SMMTribe
Banned - Multiple Rules Violations
- Feb 14, 2022
- 1,418
- 247
Stripe... As you all know, they're a credit card payment processors. But not just that. They tend to lie to new business owners.
We all know how Stripe are harsh with their standards towards accepting new businesses. I knew that from the beginning.
However, I contacted Stripe, MAKING sure that my line of business (which is not an SMM Panel) is actually eligible for Stripe's standards. They went through my website and confirmed that my business is indeed eligible!
They told me, I have nothing to worry about, all i have to do is verify my ID and you're good to go! Which i did. Now they have my personal information stored...
After few payments made by clients, i received an email stating that they are going to close my account for restricted business model.
"We recently identified payments on your Stripe account that don’t appear to have been authorized by the customer, meaning that the owner of the card or bank account didn’t consent to these payments."
The funny part is, we only accept 3DS payments, therefore the client needs to authenticate in order to process the charge. We have set of rules implemented into our Radar fraud, stating that any CC that does not
permit 3DS gets to be blocked.
Their message towards closing my account doesn't make any sense, now they're going to refund all my clients who got the service done.
P.S: The line of business is Web design & Branding. Which they completely approved upon signing up.
Conclusion: DO NOT trust Stripe whatsoever. Moving on onto another Payment providers.
We all know how Stripe are harsh with their standards towards accepting new businesses. I knew that from the beginning.
However, I contacted Stripe, MAKING sure that my line of business (which is not an SMM Panel) is actually eligible for Stripe's standards. They went through my website and confirmed that my business is indeed eligible!
They told me, I have nothing to worry about, all i have to do is verify my ID and you're good to go! Which i did. Now they have my personal information stored...
After few payments made by clients, i received an email stating that they are going to close my account for restricted business model.
"We recently identified payments on your Stripe account that don’t appear to have been authorized by the customer, meaning that the owner of the card or bank account didn’t consent to these payments."
The funny part is, we only accept 3DS payments, therefore the client needs to authenticate in order to process the charge. We have set of rules implemented into our Radar fraud, stating that any CC that does not
permit 3DS gets to be blocked.
Their message towards closing my account doesn't make any sense, now they're going to refund all my clients who got the service done.
P.S: The line of business is Web design & Branding. Which they completely approved upon signing up.
Conclusion: DO NOT trust Stripe whatsoever. Moving on onto another Payment providers.
