Isn’t stripes job to simply process payments? What kind of liability would stripe need to account for any merchant processing 1$ on its behalf?
Comments
kasey_junk | 2026-02-14 12:04 UTC
There are lots of different places credit is extended between counterparties in the credit card processing flow.
The most obvious one for processor to merchant is chargebacks. The window fo those can be up to 6 months.
Bank statements might also be used for fraud prevention and kyc requirements.
Disclaimer: I used to work at stripe but not in this area and I don’t know the specifics of why Stripe is asking for these documents.
gethly | 2026-02-15 18:51 UTC
Don't use stripe. It's none of their business and they already have a bad reputation.
yomby | 2026-02-16 12:14 UTC
Any alternatives that you recommend?
gethly | 2026-02-16 12:51 UTC
Braintree is now essentially paypal, so that is off the list. Adyen is good but can be strict with what businesses they support.
In short, i recommend using local providers, not these multinationals. Each country has a bunch of them, so there is plenty of choices, they are just not world renown brands.
pickle-wizard | 2026-02-16 17:11 UTC
What about the old school processors like Authorize.net and Cybersource? It has been over a decade since I worked with them, so not sure what they are like now.
segmondy | 2026-02-15 23:19 UTC
They want to know your accounts, they will force you to link it so they can reach there and claw back money for disputes etc.
kinj28 | 2026-02-17 12:38 UTC
They do give an option to upload statements. I don’t know if that leads them to achieve claw back. Am curious if they can do this?
Comments
The most obvious one for processor to merchant is chargebacks. The window fo those can be up to 6 months.
Bank statements might also be used for fraud prevention and kyc requirements.
Disclaimer: I used to work at stripe but not in this area and I don’t know the specifics of why Stripe is asking for these documents.
In short, i recommend using local providers, not these multinationals. Each country has a bunch of them, so there is plenty of choices, they are just not world renown brands.