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Comments
What is wrong with Stripe btw?
nothing wrong they closed our account
Maybe this helps:
https://lowendtalk.com/discussion/comment/3996419
PayPal?
I have good and flawless experiences with Mollie as an alternative to Stripe.
They are based in The Netherlands but also offer services to customers in the UK.
https://www.mollie.com/
https://www.mollie.com/gb/news/uk-payment-license
https://help.mollie.com/hc/en-gb/articles/13820520795922-Transition-for-Mollie-customers-based-in-the-UK
Why did they close it?
Tbh, there is no great alternative to stripe.
Stripe works great everywhere; you just need to control disputes well and ban suspected carders or card testers.
We have been using Stripe for 5+ years and have a total of 6 disputes in our account, so we have never had any issues with Stripe.
What ToS did you break?
https://squareup.com/gb/en
Have you checked skrill?
as per my recent discussion about gateway thye just support the physical products not the virtual one > @balramm said:
nothing suddenly sales increased in start when we attached it and they consider it a high risk and closed our account
i have applied there also but they doesnot support our Business model
What business model of yours is it that they do not support?
I've seen some hosts use mollie. It has worked well for me as a US customer.
Works fine until they give you the boot on a whim. Probably for physical products only
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We moved to stripe. Incredibly high fees, but no issues so far. No need to deal with the same level of attempted fraud either and costs of implementation of your own anti-fraud systems their fraud detection is functional.
its strange to see how limited options we have when its comes to accepting cards.
PayPal still works…right?
The world is getting more risk adverse and profit seeking. $7 VPSs are not profitable for merchant gateways given the risks.
You always have the option of signing contracts with the bank holding your business checking account.
The bank is then your acquirer bank, who will provide you with a Point of Sale device.
You will be required to comply with PCI-DSS requirements in regards to handling payment card information.
Per-payment cost would be lower than those online aggregate platforms, but it would take a while for you to code up a PCI-DSS compliant online acceptance solution.
You need to be in that country to do that...not an option for remotely managed companies.
… depends on the bank.
There are many online only banks.
They don't know where you are, as long as you provide an address, which could be a mail forwarder.
With this big red flag: Confirmation statement overdue, no payment gateway provider wants you as a customer.
Try Paymill if you like Stripe, just German copy of Stripe. Try SquareUp or Revolut for Business
Paymill, mollie, stripe, paypal will equally boot you out with very small time frame if you pose any risk. One huge risk there is to use whmcs, hostbill, blesta or any other pre-made hosting billing software. All those payment processors know that those software has “add balance” function, which is prohibited by all payment gateways (you can’t act as bank). So it is only a matter of time when their automated systems will detect your billing area and any “add balance” transactions.
And of course dmca and others…
Build custom billing software;
Prohibit “add balance”;
Get “dmca compliant”;
That minimize risk, but as soon as chargebacks pile up - you will be ousted.
How can one ruin a provider by reporting to PayPal regarding the existence of "add balance" button on their billing panel?
(asking for a friend who has a grunge against certain provider)
Report like this:
“I have added 250€ balance to provider X and he refuse to refund”.
This sentence will ignite paypal attention and provider toasted.
I have used trustly in the US with diff companies and it seems to work very well.
Tried Revolut after this comment. Scum. Avoid.
Would you mind to share more info about them?
They want you to verify everything that’s easy like ID, video of your face, company documents, utillity bills, etc.
Then, they’re like ”Oh btw, your registration certificate has to be signed by one of these notaries”
I guess their analytics show that if you ask for that once lots of effort has alredy been put into the approval, people are less likely to deny, that itself is enough to make them scum IMO
Told them that advertising lower fees while being the only bank I’ve ever dealt with that requires that is stupid, they sent a retarded canned response explaining what they need, and I asked them to just remove everything
Had a very similar experience with another ”fintech” bank recently. Had some questions and their support answered differently everytime
Seems everytime I think tech bros are ready to take over banking, they prove they’re not