#payouts

How to deal with Stripe withholding payouts?

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How to deal with Stripe withholding payouts? Stripe suddenly hitting me with enhanced DD & 30% reserve after 18 months? Running an established store, $40-60k monthly volume for past 18 months. Clean record, almost no chargebacks. Suddenly got hit with enhanced due diligence and 30% rolling reserve. *Anyone dealt with this? Currently needing to float an extra $15-18k to maintain inventory l…

Reddit ecommerce 558 2025-02-08

Stripe just withdrew money and stopped payouts

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Stripe just withdrew money and stopped payouts Stripe just put me in serious situation financially and mentally. I’m having severe panic attacks thinking how am I going to pay my supplier, shipping and media bills. They closed the account, withdrew $11,000 from my bank account and paused future payouts ($10,000 pending). This with despite having bought inventory, shipping orders out via US b…

Reddit ecommerce 759 2023-11-21