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I would also humbly conjecture that Stripe and Paypal aren't freezing small business for fun-zies and giggles. I'd imagine that any competitor would get caught

I would also humbly conjecture that Stripe and Paypal aren't freezing small business for fun-zies and giggles. I'd imagine that any competitor would get caught in the same regulatory tarpit these other companies have found themselves in.

tootie 4y ago
It's risk avoidance. It's easier to screw over some small-time operations and deal with the consequences then it is to be exposed to a potentially malicious one. I'm sure there's a formula where anytime suspicious activity is detected it's weighed against the size of the business. If it's small, they shoot first and ask questions later. It's not always an option for small businesses but the best mitigation is to sign an agreement. Instead of just using the standard pricing agreement on the front page, ask for a contract with few years commitment and maybe a modest discount on fees in exchange. They now have a legal obligation to allow your business to function.