Hi Fellow MC Members and Guests,
Tommie Kirkland (Captkirk) here...
I received an email from a vendor that Stripe account has been cancelled.
Here's the email that Stripe sent:
"Thanks for using Stripe.
While we hate to give you anything less than a great experience, it does seem that your business is in violation of the Stripe Services Agreement, section A.7.b ("Prohibited Businesses and Activities"). Specifically, we are unable to accept payments for multi-level marketing as mentioned here: https://stripe.com/p...ited-businesses.
These regulations are firm, so we sadly have no flexibility with them. That said, we understand that there may be some work involved with moving your business away from Stripe, and we’re happy to help out with this process by giving you 14 days to switch to a new provider. After that, you won’t be able to accept additional charges on your account, but we will continue sending payouts to your bank account until you receive all of your funds.
If you need an alternative payment processor, we recommend considering PaymentCloud, which works with businesses with a higher level of risk than we\'re able to support: https://paymentcloudinc.com/stripe.
We\'re very sorry that we have to turn away your business, and we wish you the best of luck moving forward."