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My first question was how they were collecting these "high risk" payments. In general, Stripe describes a 7-14 day payout schedule, but has shorter ones for ma
by bredren 5y ago
My first question was how they were collecting these "high risk" payments.
In general, Stripe describes a 7-14 day payout schedule, but has shorter ones for many countries.
Presumably it takes a fair amount of identity info to get to the 2 business day accelerated payout speed available to low-risk businesses in the US.
https://stripe.com/docs/payouts#payout-schedule https://stripe.com/docs/payouts#payout-schedule
- Nextgrid 5y agoI would be really surprised if the scam is taken down in just 14 days (without the media's attention), so they're typically able to get a couple of payouts at least. Maybe this is just a single occurrence in a large scheme with lots more websites & separate payment providers.