1. Use Stripe
2. Get booted at 11th customer cause their underwriting doesn't like your name.
3. Use different provider.
2. Get booted at 11th customer cause their underwriting doesn't like your name.
3. Use different provider.
[0] http://edoceo.com/blog/2017/04/stripe-rubbing-salt-in-the-wo...
My point was more about OP's presentation of why they could not participate. It's pretty clear they're an edge case in an edge case industry -- I cannot judge a large company being risk averse when there is no incentive for them to take on the risk.
(That said, if anyone solves cannabis banking, they are going to be a unicorn.)
I told them to check first, cause I don't want to move platforms then have an issue.
So, weeks later they told me that underwriting doesn't like my new name and I won't get to use their platform.
Bad names include the terms "weed" or "the". Acceptable words are "GrowFlow" or "Mister Kraken" - direct competitors who basically sneak through.
Even when everyone knows what's going on everywhere.
It's inconsistent, bad actors linger and good actors are booted for a "bad name" while other actors in the same space continue.
All while Stripe tries to play some saviour role, you're just a CC processor, same core issues as the rest. Just have a shiny UI+API