3 ms·
What was the business? Stripe's not really making the rules here, it's the financial partners backing them. Just because something is "legal" doesn't mean it's
by senoroink 6y ago
What was the business? Stripe's not really making the rules here, it's the financial partners backing them. Just because something is "legal" doesn't mean it's not risky.
As an easy example, from the page you linked, "psychic services" are banned.
- waffle_ss 6y agoPharmacies exchanging prescription drugs. Regulated, not risky - don't confound the two. And there are no "rules" restricting these transactions over the ACH network, Stripe is applying the widest scope of restrictions gathered from across of its partners, which include the credit card processors. And I was asking this question to the Stripe PM, not some uninformed white knight.
- tener 6y agoThings which aren't risky on some level just don't get regulated. There is a ton of risk involved in pharmacies.