How do I prevent stripe account closure?

[Posiden922]

I'm currently trying to prevent Stripe from instantly banning my account upon completing KYC business verification. I sell digital items for Roblox games on Shopify. Other sites do the exact same thing and are able to use Stripe without any issues, processing millions of dollars per year without using proxy sites.

My question is: How are they able to do this, and what might they be doing that I am not?

 

[Martin Everson]

Posiden922 said:
My question is: How are they able to do this
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Read the terms and conditions you accept when you signup.

Posiden922 said:
and what might they be doing that I am not?
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Protecting their interests.


To prevent a Stripe closure the best solution is not to use them.

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Please note my posts should not be taken as financial or tax advice. Please seek professional advice in that respect.

 

[diatessaron]

Posiden922 said:
My question is: How are they able to do this, and what might they be doing that I am not?
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They tell Stripe they're selling 1 thing when in fact they are selling another.

 

[Posiden922]

diatessaron said:
They tell Stripe they're selling 1 thing when in fact they are selling another.
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Any suggestion on what to say im selling that does not require loads of documentation while selling something else?

 

[diatessaron]

Posiden922 said:
Any suggestion on what to say im selling that does not require loads of documentation while selling something else?
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I don't know, never dealt with Stripe but speaking from what I've seen other people do. As far as I remember there's a topic here that specifically talks about this in detail.

 

[Dandyline]

Posiden922 said:
I'm currently trying to prevent Stripe from instantly banning my account upon completing KYC business verification. I sell digital items for Roblox games on Shopify. Other sites do the exact same thing and are able to use Stripe without any issues, processing millions of dollars per year without using proxy sites.

My question is: How are they able to do this, and what might they be doing that I am not?
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Don't be too specific when describing your business while opening the account, as certain wording might trigger the algorithm to block you.

 

[Posiden922]

Dandyline said:
Don't be too specific when describing your business while opening the account, as certain wording might trigger the algorithm to block you.
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Ahh thank you

Any idea what I should say?

 

[Propeller]

If all fail, buy stripe accounts with cloaking and you will quickly get started. I don't know how long they will last.