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Like Square, the company’s standard policies regarding fraud prevention and prohibited business activities appear to be cause for complaint among many merchants.Two specific problems have been consistently reported in the complaints below this review and on other consumer protection websites.To better understand why we adjust BBB ratings, please see our Rating Criteria.Stripe has been accredited with the Better Business Bureau since May 2013 and currently shows an “A ” rating on its profile.This is a common fraud prevention practice that we don’t tend to penalize processors for, but it seems that Stripe does not effectively communicate its reserve policies to merchants or warn them when a cash reserve might be withheld.Merchants should be aware that Stripe reserves the right to “change the Payout Schedule or suspend payouts to your Bank Account should we determine it is necessary due to pending disputes, excessive or anticipated excessive Chargebacks or refunds, or other suspicious activity associated with your use of the Service or if required by law or court order,” according to its terms of service.Key Points Stripe’s costs and fees are fairly straightforward.The company charges a flat per-transaction fee of 2.9%

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Stripe has also received 54 negative reviews on its profile, although it should be noted that these reviews are not subject to verification by the BBB.

Given the fact that Stripe has amassed 417 complaints in the short time it has had a BBB profile, we have adjusted the BBB’s rating to a “C.”Stripe rates as an average merchant services provider according to our standards.

These cancellations appear to take effect with little or no warning, and merchants report difficulty resolving the unprocessed payments in a satisfactory and efficient manner.

In the second case, merchants express confusion over their payments being held in a reserve account.

.30, regardless of card type, and adds a 1% fee for international payments.

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Stripe has also received 54 negative reviews on its profile, although it should be noted that these reviews are not subject to verification by the BBB.

Given the fact that Stripe has amassed 417 complaints in the short time it has had a BBB profile, we have adjusted the BBB’s rating to a “C.”Stripe rates as an average merchant services provider according to our standards.

These cancellations appear to take effect with little or no warning, and merchants report difficulty resolving the unprocessed payments in a satisfactory and efficient manner.

In the second case, merchants express confusion over their payments being held in a reserve account.

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If you would like to help support my work, check out my cost analysis service.Stripe has also received 54 negative reviews on its profile, although it should be noted that these reviews are not subject to verification by the BBB.Given the fact that Stripe has amassed 417 complaints in the short time it has had a BBB profile, we have adjusted the BBB’s rating to a “C.”Stripe rates as an average merchant services provider according to our standards.These cancellations appear to take effect with little or no warning, and merchants report difficulty resolving the unprocessed payments in a satisfactory and efficient manner.In the second case, merchants express confusion over their payments being held in a reserve account.Stripe was founded by brothers John and Patrick Collison, and Patrick currently serves as the company’s CEO.Stripe’s headquarters can be found at 185 Berry Street, Suite 550, San Francisco, California 94107.Merchants are encouraged to carefully read Stripe’s terms of service before signing up for credit card processing through this company.Hi, I’m Phillip Parker and I believe that the merchant account industry has been overrun by people who engage in fraud and deception in order to steal from hard working business owners.I can evaluate your statement and tell you exactly how much you're overpaying for your merchant account. Join us and receive access UP TO 10 VOYEUR SECTIONS on the site instantly!

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