Discussion Forum: Thread 291820

 Author: GraysBricks View Messages Posted By GraysBricks
 Posted: Jun 25, 2021 04:41
 Subject: Warning, be careful sellers using Stripe.
 Viewed: 267 times
 Topic: Payment Methods
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GraysBricks (8233)

Location:  United Kingdom, England
Member Since Contact Type Status
Mar 19, 2017 Contact Member Seller
Buying Privileges - OKSelling Privileges - OK
Store Closed Store: Grays Bricks
This has been mentioned before but I thought it best to let others sellers know
my latest experience.

Stripe seem to have targeted me are not satisfied with my bricklink store url
or domain redirect to ' verify ' my business. They are therefore stopping
payouts so I have had to disable for now on Bricklink .

I have been very clear to them about Lego and Bricklink and invited them to look
to see its all genuine but that don't seem interested.

It would be very helpful to have an alternative in the future so sellers could
choose between services.

Below is the email that started the talk with them that is still ongoing. I
have responded to their questions but it doesn't look promising.



----------------------

Thanks for using Stripe!

We're reaching out today to request some information about your company’s
business model that we couldn’t verify using your website and Stripe account
details.

It is important that Stripe knows what businesses are selling, in order to make
sure that your transactions abide by our Terms of Service and are appropriately
categorized in the payments ecosystem. We would appreciate if you could please
reply to this email with the following information:


What products or services do you plan to sell through Stripe?


We’d like to learn about your typical customers. Who’s your target audience?


Specifically, could you provide details around products/inventory, pricing, shipping
details, and customer-vetting processes, if applicable?


We have paused payouts to your bank account until we are able to verify what
you’re selling. Once we hear back from you, we will review your information within
24-48 hours. We’ll let you know when we’ve confirmed your business information
and resumed payouts to your account.
 Author: calsbricks View Messages Posted By calsbricks
 Posted: Jun 25, 2021 05:00
 Subject: Re: Warning, be careful sellers using Stripe.
 Viewed: 110 times
 Topic: Payment Methods
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calsbricks (8503)

Location:  United Kingdom, England
Member Since Contact Type Status
Aug 12, 2008 Contact Member Seller
Buying Privileges - OKSelling Privileges - OK
Store: CalsBricks
In Payment Methods, GraysBricks writes:
  This has been mentioned before but I thought it best to let others sellers know
my latest experience.

Stripe seem to have targeted me are not satisfied with my bricklink store url
or domain redirect to ' verify ' my business. They are therefore stopping
payouts so I have had to disable for now on Bricklink .

I have been very clear to them about Lego and Bricklink and invited them to look
to see its all genuine but that don't seem interested.

It would be very helpful to have an alternative in the future so sellers could
choose between services.

Below is the email that started the talk with them that is still ongoing. I
have responded to their questions but it doesn't look promising.



----------------------

Thanks for using Stripe!

We're reaching out today to request some information about your company’s
business model that we couldn’t verify using your website and Stripe account
details.

It is important that Stripe knows what businesses are selling, in order to make
sure that your transactions abide by our Terms of Service and are appropriately
categorized in the payments ecosystem. We would appreciate if you could please
reply to this email with the following information:


What products or services do you plan to sell through Stripe?


We’d like to learn about your typical customers. Who’s your target audience?


Specifically, could you provide details around products/inventory, pricing, shipping
details, and customer-vetting processes, if applicable?


We have paused payouts to your bank account until we are able to verify what
you’re selling. Once we hear back from you, we will review your information within
24-48 hours. We’ll let you know when we’ve confirmed your business information
and resumed payouts to your account.

Let's see now - we have Paypal for Marketplaces whose terms are ridiculous,
providing complete control of your funds to the marketplace facilitator and Stripe
who do not seem to be aware that Bricklink is part of Lego now - good choices,
really
 Author: GraysBricks View Messages Posted By GraysBricks
 Posted: Jun 25, 2021 05:06
 Subject: Re: Warning, be careful sellers using Stripe.
 Viewed: 104 times
 Topic: Payment Methods
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BrickLink
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GraysBricks (8233)

Location:  United Kingdom, England
Member Since Contact Type Status
Mar 19, 2017 Contact Member Seller
Buying Privileges - OKSelling Privileges - OK
Store Closed Store: Grays Bricks
  Let's see now - we have Paypal for Marketplaces whose terms are ridiculous,
providing complete control of your funds to the marketplace facilitator and Stripe
who do not seem to be aware that Bricklink is part of Lego now - good choices,
really

I've emailed the Stripe CEO and invited him to look too, I'm doing what
I can to help them become aware and stay off our back! Some admin support would
be a big help and greatly appreciated.
 Author: bricksworldwide View Messages Posted By bricksworldwide
 Posted: Jun 26, 2021 20:20
 Subject: Re: Warning, be careful sellers using Stripe.
 Viewed: 120 times
 Topic: Payment Methods
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bricksworldwide (915)

Location:  Germany, Bayern
Member Since Contact Type Status
Sep 4, 2007 Contact Member Seller
Buying Privileges - OKSelling Privileges - OK
Store Closed Store: bricksworldwide
In Payment Methods, GraysBricks writes:
  
  Let's see now - we have Paypal for Marketplaces whose terms are ridiculous,
providing complete control of your funds to the marketplace facilitator and Stripe
who do not seem to be aware that Bricklink is part of Lego now - good choices,
really

I've emailed the Stripe CEO and invited him to look too, I'm doing what
I can to help them become aware and stay off our back! Some admin support would
be a big help and greatly appreciated.


What the hell are the guys of stripe are thinking?
It is NON of their business, how you make prices and work with your inventory.
Some things are company secrecy and even the strategy for selling is not their
business.

A seller does not have to give them such informations...

seems, some people at stripe have to learn what informations they can have and
which not...