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An incredibly unhelpful comment.
Stripe has decided to nuke my entire business
21–30 of 705 posts
Re: Stripe has decided to nuke my entire business
#22Quoted post unavailable.
This victim blaming has to stop. These companies shouldn't be able to just shut down an account like this, especially for something so critical and core to a business survival. We shouldn't have to live in a world where you need multiple backups for every service you use in case one decides to fuck you over for no good reason!
Re: Stripe has decided to nuke my entire business
#23This is why we need a decentralized Internet payment system, like email.
This was a non-controversial opinion not long ago.
Re: Stripe has decided to nuke my entire business
#24No post body was provided.
Re: Stripe has decided to nuke my entire business
#25Could a report to the CFPB move the needle?
Re: Stripe has decided to nuke my entire business
#26It sucks this happened to you, but like with all the PayPal hate stories, I notice you're very careful not to describe what type of business you operate.
Does it matter? PayPal and Stripe don't advertise that they will only do business with organizations with which they agree. To accept a business as a client for a mission critical service like payment processing and then summarily cancel or suspend service without notice should be able to be prosecuted the same as someone who vandalizes a physical storefront to the point they cannot open for business. This is non-tri…
Is it all companies that can no longer decide who they do business with in accordance with the terms of the contracts in place?
Re: Stripe has decided to nuke my entire business
#27Maybe it's just some competitor using bots to falsely report you and/or your customers to ruin your business intentionally?
I've heard accusations of companies purposefully hiring bot farms to click on their competitors' ads and blow their budgets / get them dropped for excessive click fraud. It's rough out there.
Re: Stripe has decided to nuke my entire business
#28Maybe it's just some competitor using bots to falsely report you and/or your customers to ruin your business intentionally?
This kind of stuff really scares me. I'm bootstrapping a SaaS and my big competitors could crush me real easy with stuff like this.
Re: Stripe has decided to nuke my entire business
#29It sucks this happened to you, but like with all the PayPal hate stories, I notice you're very careful not to describe what type of business you operate.
This is more a function of the fact that I don't want my business to be identifiable from this post than that it's a sketchy business. You'll have to take my word for it, but it's exceedingly benign.
Are you sure it's not a medium risk business that IS benign, but STILL is considered medium to high risk?
For example, selling video game digital products like a strategy guide is benign, but gaming industry is ripe with fraud so most processors will give you shit if you're in the gaming niche, let alone (non-crypto) digital currencies, crypto, health products, non-snakeoil supplements, etc.
Re: Stripe has decided to nuke my entire business
#30Earlier quoted context omitted.
Does it matter? PayPal and Stripe don't advertise that they will only do business with organizations with which they agree. To accept a business as a client for a mission critical service like payment processing and then summarily cancel or suspend service without notice should be able to be prosecuted the same as someone who vandalizes a physical storefront to the point they cannot open for business. This is non-tri…
It does matter if it actually violates the TOS, or could be vaguely interpreted to do so I guess?
They did say they had been running the business for several years and have prior discussions with Stripe about TOS on file.