Is Stripe closing accounts?
They have officially announced restrictions on content creators.
Important: Scroll down to learn more…
Our competitors shut down millions of accounts last year, and held millions of dollars from business owners just like you for months on end…
Trusted by over 30,000 businesses in the USA & Canada
A Top Trusted Full Service Credit Card Processor
Stripe has always considered content creators, coaching, informational products, and influencers as a restricted business…
In fact, nothing generally has changed in their Prohibited list.
However, the language has been made much more explicit around Content Creators.
The language has always been there, but it has been subtle…
What does this mean for you?
Stripe is explicitly telling you that content creators are NOT a good fit for them.
At Easy Pay Direct, we’ve been explaining this to business owners for 10 years.
Sure, you can sign up for an account with Stripe as a content creator, but because they don’t do any Underwriting, they know nothing about your business when you sign up.
What are the ramifications of this?
Once you start processing, their algorithm will eventually uncover that your business model is something they do not support.
And then… They shut you down and hold your money.
Thankfully, we have a solution for you.
Taken Directly From Stripes Website:
As a Content Creator, you need a truly reliable merchant account.
Last year, Stripe closed down millions of merchant accounts.
Why?
Because it’s how their business model works…
They do not offer underwriting, which means they know nothing about your business when they set you up.
Why is this important?
Stripe and others restrict and prohibit MANY types of businesses, some of which you would not expect.
For example, anyone processing over $50,000 per month is considered a higher risk.
Or a business that offers subscriptions makes bold claims, or any other one of Stripe, PayPal, Squares, etc.… arbitrary and non-descript rules.
Since these PayFacs don’t do underwriting, they don’t learn about these things until AFTER you are set up.
So you might be able to process for a day, a week, or a month, but eventually, they will take a look at your account.
And there is a high probability that they will impose restrictions, hold funds, or close the account.
Even worse, if one of your competitors does anything to trigger a flag in their system, they look at the entire industry.
And through no fault of your own, a competitor’s misstep could mean a closed account for you.
So, how does Easy Pay Direct differ? And how do we keep our client’s merchant accounts stable?
The KEY component is thorough underwriting.
Our specialists underwrite your account so that we understand your business and marketing model.
This allows us to match you with a back-end bank that works with your vertical.
Which GREATLY lowers the chance of you ever having an issue.
Plus, you’ll get:
• The Best Rates In The Industry
• A Single Dedicated Point Of Contact
• Recurring Billing
• And more (see below)
We’ll also work with you to optimize your payments for the lifetime of your account.
Lowering your decline rates so that you can increase revenue, monitoring your chargeback ratios, and helping to mitigate them, plus much more.
Ask Our Clients, Partners, Or Anyone Selling Anything Online…
Grant Cardone
Tony Robbins
Frank Kern
Dean Graziosi
Amy Porterfield
Perry Belcher
Safe Life
Ryan Deiss
Wes Watson
Vitality Now
What Other Features Does Easy Pay Direct Offer?
Transaction Routing → learn more
We’ll automatically route your transactions across multiple accounts. That way if anything ever happens to one, your others are still up and running.
Decline Recovery → learn more
We’ll help you improve your approval ratios and reduce decline rates. That way, you put more cash back in your pocket and process more payments.
Hosted Checkout → learn more
Quickly create checkout links and landing pages with a few clicks. Email them, DM them, or text them to your clients for payments on the fly.
Mobile Payments → learn more
Process payments on the go with our easy-to-use mobile payment solution.
Nearly Every Vertical → learn more
We offer merchant accounts for almost every vertical, including high-risk merchants and much more. Get approved today.
White Glove Service → learn more
You’ll have a dedicated point of contact that you can reach any time you need them.
Chargeback Mitigation → learn more
Stop chargebacks before they begin with our chargeback alert system. Greatly lower account issues and improve customer satisfaction.
Recurring Billing → learn more
Built-in recurring billing for subscription purchases with multiple payment options available.
250+ Integrations → learn more
Integration to nearly every shopping cart, plus we integrate to most apps and software. If you need something specific, our in-house development team will make it happen.
Unlimited High Ticket → learn more
Worry-free processing of high ticket transactions and high volume.
EASY PAY DIRECT STATS
30000+
BUSINESS
$12B+
PROCESSSED
20+
YEARS OF EXPERIENCE
Here are just a few success stories…
I WANT TO ACCEPT PAYMENTS NOW