Tag: stel aggregation
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What Is “stel aggregation”? And Why Does It Appear on Customer Bank Statements?
Stel aggregation is the process of combining multiple small transactions into one larger transaction. This is often done to make it easier for banks to reconcile their customer accounts and prevent overdrafts. Stel aggregation takes place when a customer has multiple debits made by different merchants on the same day, but they’re not all paid…
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Why “Stripe EEA STEL Aggregation” Is Showing Up on Your Statement
Did you receive a charge on your credit card statement that stated, “Stripe EEA STEL Aggregation”? You aren’t alone. This charge isn’t nothing to be scared of—as long as you recently made a purchase that’s along the lines of the charged amount. It’s possible that you’ve recently noticed charges to your credit or debit card…
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