> We can terminate this agreement for any reason on two months’ notice and immediately in certain circumstances
Source: https://stripe.com/gb/terms
It concerns me, as this still gives them full power to terminate the agreement immediately anytime they want. They never define what "certain circumstances" are, rather, they just provide one example.
EDIT: I would just like to say that I was mistaken. See the reply to my comment. That said, the US terms differ in an important way.
- we determine in our sole discretion that you are ineligible for the Service because of the risk associated with your use of Stripe, including without limitation significant credit or fraud risk, or for any other reason;
- you do not comply with any of the provisions of this Agreement, or
- upon request of a Card Network or a card issuer.
On the US terms, I see the following sentence:
"We may terminate this Agreement and close your Stripe Account at any time for any reason effective upon providing you notice in accordance with Section A.15 above". It goes on to copy what the UK agreement had, but that one didn't include this sentence.
With paymill looking like a stripe clone, it may be a good solution to split the revenues stream.
Deleted comment
It's what "United Kingdom" in the page title means.