Stripe paused payments and payouts!
Hey guys.
I'm from a country where Stripe isn't supported, however using a US LLC and Wise bank account I was able to create a Stripe account smoothly.
Couple short months after creating the Stripe account I linked it with Shopify as a payment processor.
After launching ADs I got 3 sales at the same day but only one day after Stripe gave me 3 warnings:
- Charges and payouts are paused, contact support
- Provide information about your business website
- Provide additional information
I did everything they asked and yet their response was the same "Unfortunately after conducting...we still won't be able to accept payments".
How come my business gets labelled as "high-risk" and what determines that?
Now they ignore my emails and money is held until December. Finding other alternatives is not easy. Is there anyone facing the same issue and has gotten past it? Thank you.