[eaenki]

happened to me twice to reach €10-30kk MRR and they shut it down. mo human support. I had a 1-4% refund rate. After those bans, I’m not allowed to use Stripe at all seemingly. Because as soon as I use a form of ID with my name (even one not used before on a new laptop and new connection and new SIM), the account is blocked as soon as I submit the ID.

For reference, the businesses were social media and skincare related.

Apparently they only accept like 1% of the micro businesses in the world and you never ever get to talk to a human.

It is pretty much the same with every payment provider unless you have an extremely large volume of sales and your industry is at least kinda ok with them.

How did I fix this? well, I didn’t fix it per se. I stopped creating businesses that would require credit card processing.

I built a business targeted for high net worth individuals. Few, large individual transactions that you can collect with an invoice (payooner/quickbooks) or, better, a wire transfer.

maybe if you are a US company and need CC processing, go for authorize.net+some other company.. idk