upvote

points

by root_axis1 hours ago |
comments
upvoteby edoceo1 hours ago|
[-]
Stripe only accepts the ones where there is cross-over and relationships between high-level employees and investors.

They restrict the ones that are smaller and independent.

I think that Stripe will shut off paying customers BECAUSE I HAVE SEEN THEM DO IT. That is what first hand knowledge is.

The thing that really doesn't make sense is that Stripe selectively applies their written terms of service and policies. Do you understand that?

reply
upvoteby root_axis1 hours ago|
parent|
[-]
> I think that Stripe will shut off paying customers BECAUSE I HAVE SEEN THEM DO IT. That is what first hand knowledge is.

You are overindexing on your anecdotal experience to draw conclusions that make no sense. Paypal earns roughly 6x the net revenue of Stripe while processing a similar volume of transactions. Paypal has obviously figured out how to service these businesses profitably, yet for some reason you think Stripe would throw away billions for no reason.

Make that logic make sense.

reply
upvoteby edoceo38 minutes ago|
parent|
[-]
It's not billions. My assertion is they will throw away processing millions to ensure they can continue to process billions.

You'd ignore a pence to pick up a pound.

reply
upvoteby root_axis2 minutes ago|
parent|
[-]
Paypal earned 30b revenue in 2025, without any specific numbers, it's a safe bet that high-risk merchants are at least several billion of that total.

However, even if it were only in the hundred millions, there's no reason to throw away millions of dollars. The reason PayPal services these lines of business in the first place is because they make money doing so (since unlike Stripe, PayPal's product isn't subject to the constraints of the card rails).

reply