Comment by strnisa

Comment by strnisa 10 hours ago

0 replies

We don't hold upfront funds. When a customer pays, we initiate Stripe transfers to the merchant as soon as the funds are available.

Paying the merchant before the customer's card payment settles would mean advancing funds, which would start to resemble lending/guarantee rather than payments, raising regulatory issues. It would also concentrate risk at the platform: defaults from one merchant’s customers could jeopardize the platform for all merchants.