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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.
Overall, Stripe’s pricing and business model resemble those of the mobile credit card processing company Square, but for online businesses.
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.
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.