Tag: merchant account
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How Long Stripe Can Hold Funds and How to Get Your Money Back
Stripe is notorious for holding merchant funds, freezing accounts, and even terminating accounts. That means no money in, no money out, and no customers. In some cases, Stripe holds funds up to 180 days with weekly emails coming in stating, “Stripe is holding your funds for 90 days.” But wait, didn’t we just say Stripe…
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Stripe IPO, Disaster for Merchants
Stripe is thinking about going public, and I have an idea who the losers will be. The biggest losers of the Stripe IPO will be those who use the payment processing service. This is inevitable because Stripe has to look out for their short-term and long-term profitability by creating favorable conditions for institutional investors. If…
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How to Get Approved For Your CBD Merchant Account in Europe
CBD merchant accounts in Europe are in demand, especially for US merchants looking to expand their operations into another potentially lucrative e-commerce territory. But despite the 2018 Farm Bill unlocking the CBD market in the United States, Europe is still somewhat in a state of regularity flux regarding the CBD industry. This has made setting up a European…
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Why PayPal is NOT a Real Merchant Account
When is it time to get a merchant account? Chances are, if you‘re a startup accepting credit card purchases online, you‘re likely using a PayPal account, Stripe, or a similar online payment provider. But many online business owners make the mistake of thinking a PayPal business account is the same as a dedicated merchant account.…
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Payment Aggregators: Why Services Like Stripe Are A Ticking Time Bomb!
Stripe, PayPal, and Square are all examples of payment aggregators. Some online merchants think are signing up for a simple solution when they join these platforms. But they couldn’t be more wrong. Payment aggregators can be a ticking time bomb for your business! Many merchants sign up for these services without realizing the risks associated…
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