Aug 8 in General Discussion
Don't let Stripe steal your money...
Hey Free Life Family,
Friendly (but urgent) PSA for you if you use Stripe for payment processing, or you have only one payment processor right now
If you haven't seen it already, for multiple businesses like yours, accounts are being restricted, and funds are being held indefinitely...
One of our clients just had 60k worth of deals evaporate when Stripe decided they don't want coaching merchants anymore
Just take a look at how they broke the news - not cool at all
Now, because they already have our customer financing tools in place, they're gonna be fine, but if they didn't? YIKES
If you haven't already got set up with our friends over at https://www.deposyt.com/gyrafi - PLEASE consider this your sign to do it right away
Not only does Deposyt actually offer much better rates for credit card processing, but they won't shut ya down and flush your money down the toilet either
Even if you haven't had an issue with Stripe yet, don't wait - you don't wanna get caught with your pants down
-Grant
P.S. just for clarity, use Deposyt for your credit card payments, but for customer financing with no merchant recourse, that's where I can help you personally. If you need any help on that side, here's a handy guide to get rockin' :)
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Don't let Stripe steal your money...
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