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Stripe: An Outlaw Fintech?

par | Actualités, Discrimination GAFAM | 0 commentaires

Stripe, like PayPal, is a well-known American payment processor. However, today, we want to raise awareness about the questionable practices of this company, which at times seems to operate above the law.

We used Stripe for our websites, with declared and transparent activities. However, in early 2024, three of our accounts were abruptly banned on the grounds that they no longer complied with Stripe’s « permitted activities. » One of these accounts was closed without even reviewing our appeal. The result: 80% of our transactions were blocked, devastating our revenue in just a few days.

Even worse, the balance of our accounts was seized by Stripe, much like a bank shutting down your account without returning your funds. An intolerable situation!

A Double Standard Policy?
After investigating, we discovered that Stripe continues to process payments for platforms such as NousLibertins, Wyylde, and OnlyFans. Yet, Stripe’s Terms of Service explicitly prohibit this type of content.

NousLibertins Stripe

How to Explain This Double Standard?
This discriminatory policy is illegal and goes against the principles of fair trade.

Why This Warning?
As users or potential customers of Stripe, we want to alert businesses and consumers. These practices can jeopardize the financial stability of many companies. We also encourage you to check reviews on Trustpilot to grasp the scale of the issue.

Reviews on Trustpilot

Who is behind this fintech that appears to turn a blind eye to its own rules to generate profits from platforms linked to pornography? A question worth pondering.

Reviews on Google

I left a review about Stripe, posted on December 26, which, oddly enough, was not published.
As proof, you can check the Google reviews for Stripe San Francisco: it doesn’t appear there, likely because I have evidence to support my claims.

We are going to take legal action against Stripe, and we would like to gather as many people as possible who have been victims of misconduct to organize a collective action. Please leave your opinion about Stripe in the comments, along with your email, so we can coordinate this action together!

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Stripe : Une Fintech Hors-la-Loi ?

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Stripe, tout comme PayPal, est un processeur de paiement américain bien connu. Mais aujourd’hui, nous souhaitons vous alerter sur les pratiques discutables de cette entreprise qui semble parfois agir au-dessus des lois. Nous avons utilisé Stripe pour nos sites, avec...