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It seems like your linked example is of a 'high-risk' business similar in risk to pornhub, casino websites, etc. It doesn't seem like the OP's business falls i
by MichaelZuo 4y ago
It seems like your linked example is of a 'high-risk' business similar in risk to pornhub, casino websites, etc.
It doesn't seem like the OP's business falls into that category.
- Reubend 4y agoMaybe I'm missing something, but that doesn't seem to be the case. When the OP was asked what why the post didn't mention the business' category, he/she said that > This is more a function of the fact that I don't want my business to be identifiable from this post than that it's a sketchy business. You'll have to take my word for it, but it's exceedingly benign.
- hairofadog 4y agoIn terms of "proof", I can't imagine what you'd accept as proof that I'd want to post here. In terms of risk, benign is a pretty good word for it, and we've been using another processor for years and years without any issues on that front. I think Stripe is well within their rights to do all the due diligence they feel they need to do; I just wish they had done it before we signed a contract and started taking payments, and it does feel like we dodged a bullet by not agreeing to the Minimum Fee Commitment.
- MichaelZuo 4y agoLinking to a real identity at least will make it easier to accept. Using a pseudonym simply adds an extra layer of doubt.
- eaenki 4y agowould you share that other payment processor?
- hairofadog 4y agoWe’re currently using Cybersource, owned by Visa. I argued for moving us over to Stripe because Stripe offered a better rate, and their UI, APIs, reporting, and documentation are much nicer than Cybersource’s. I had also argued for and worked with Stripe at my previous job in a much riskier sector — event ticketing — for years, and never had a problem, so it felt like a no-brainer.