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Stripe's list of prohibited businesses

stripe.com

11–20 of 51 posts

Re: Stripe's list of prohibited businesses

#11
Why is it absurd?

Do you think it's absurdly long? Their agreement in general is much shorter than any single one of the several I had to go through to get a merchant account and CC processing service before.

Is it absurd because you think the business types they mention are silly? Well, they are silly. But people do them.

Is it absurd because you are angry your business is on the list? Well, that's life. I, as a valid business owner who uses Stripe, am very glad Stripe protects their relationships / value / company / customer rep time by refusing to serve illegal or borderline illegal businesses, and those with ridiculously high rates of fraud. Yay!

Re: Stripe's list of prohibited businesses

#14
Would a service like Listia.com be against their terms of service? Specifically these seem contradicting:

(50) virtual currency that can be monetized, re-sold or converted to physical or digital goods or services or otherwise exit the virtual world

===

(52) selling video game or virtual world credits (unless you are the operator of the video game or virtual world),

Re: Stripe's list of prohibited businesses

#15
I think most of these are reasonable, and I immediately see why they are on the list.

I think I know why this is on there:

"(10) age restricted products or services"

But wouldn't that also apply to every business that has a COPPA disclaimer in its ToS.

Re: Stripe's list of prohibited businesses

#16
post #9

fake hair is only one that stands out.

It's an old link, but human hair and very realistic extensions are super valuable, and nearly impossible to trace once stolen. Governments are trying to de-incentivize theft by regulating the secondary market. http://business.time.com/2011/09/13/now-people-are-stealing-...

Re: Stripe's list of prohibited businesses

#17
Funny, maybe, but not absurd, at least not in a way that's Stripe's fault. I'm curious about the hair one. I wouldn't expect selling hair to be a real problem. Is there a story that motivated that restriction? I notice it's also in the list of Braintree's restrictions that toomuchtodo posted.

Re: Stripe's list of prohibited businesses

#18
post #5

Maybe by absurd it means the number of prohibited businesses? Otherwise it just looks Stripe does not to be involved with shady/spammy businesses.

I'm not sure these are that spammy:

* personal computer technical support

* travel agencies

* hair-extensions

What all of them is the ability to be a scam, but any business can scam you. Surprised fortune tellers aren't on there.

Re: Stripe's list of prohibited businesses

#20

I think most of these are reasonable, and I immediately see why they are on the list. I think I know why this is on there: "(10) age restricted products or services" But wouldn't that also apply to every business that has a COPPA disclaimer in its ToS.

Even though I said it wasn't absurd, this does seem contradictory since they seem to allow face-to-face tobacco sales, which are certainly age restricted.
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