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Stripe is considered to be acting for a "sponsor bank", the one that handles the merchant's account. Stripe itself does not hold customer or merchant money.
by Animats 2y ago
Stripe is considered to be acting for a "sponsor bank", the one that handles the merchant's account. Stripe itself does not hold customer or merchant money.
- amelius 2y agoI could swear there was an article here years ago about Stripe getting the bank status.