growmify

Stripe paid us after closing the account, what do you mean by legal leverage. There is nothing we can do, or sue.

Problem is that some connected accounts in platform were selling CBD which is on restricted business list of Stripe. And we already had systems in place to make sure they don't sell it in areas that are not allowed and they are compliant in terms of regularity perspective

They also blocked us in past and reopened due to decline rate being high, we built security layers it went from 20 to 6-7%.

We are capable of building whatever is necessary to continue with Stripe. Our platform not necessarily require CBD companies to grow. In less than 4 months, our team were able to grow from 0 to 100-150k a day revenue, of course we can build anything required

I don't understand how me being frustrated have anything to do with actual practical problem

Stripe blocks many people with this unnecessary reasons while they could be working with them by letting them know what should be done, it is not just us, but many companies

For our case, they could simply say, we will work with you as long as you no longer support CBD industry. And we will be more than happy to do so, only thing we would need to do, build auto blocks for CBD and add underwriting guidelines for our team which would take us less than 1-2 days to do so.

They can work with us, it is just unreasonable so that they simply don't even consider

Another thing frustrating is that, many people praising Stripe, and I am thinking how come they don't see how they are destroying many businesses by simply having bad underwriting practices

Then I notices, reason most people like stripe is that, if you don't make money, revenue or have growth, Stripe usually doesn't even care, you don't even notice any issues, so you are happy

Once you have growth and revenue, you are in trouble

This didn't just happen once to us, we have team members in team and the only reason their business failed was Stripe as well

Communication specialist, I don't understand still why it is recommended, making things perfect has huge cost of speed, so doesn't worth it

We could simply start targeting different companies that are supported in Stripe, primary benefits of our product can be used by almost any online business, and it shouldn't has to be restricted products.

Practically speaking, Stripe still can work with us and give us warning to never work with those companies, and we can simply start selling our product to other industries

Hi Edwin, I know, but we asked Stripe that we will not work with those companies and build security layers to block them

Even though we were willing to work Stripe and only support companies that aren't violating those rules, stripe still didn't want to work with us

We already have legal team dealing with all legal issues, we auto block any restricted areas, and don't accept any company that has legal issues in any way. What do you mean incoherent? I wrote whatever happened