After Stripe froze my account, I started using PayPal and Shopify payments. I'm confused as to why PayPal and Shopify payments are allowed, but Stripe is not. It seems like this confusion is due to Stripe having a large user base! Their risk assessment team is overloaded.
Currently, our PayPal and Shopify payments are working well, and we have made over $40,000 in revenue in the past month.
It has been two months since the account was frozen, and there have been no disputes.
However, I am still curious about the real reason why my Stripe account was closed. Was it due to fraud, money laundering, or drop-shipping?
https://stunncal.com/
Advantages of Stripe: Registration is very fast, payment success rate is high, and withdrawal time is T+2, faster than other payment processors.
Disadvantages of Stripe: Account closure is very fast, and submitting verification materials has no effect.