The Visionary Files
Do you ever hear about a business having wild success or achieving *the coolest* result and think, "how the eff did they do that?" Yeah… us, too! That’s why we created The Visionary Files™ podcast! We publish weekly case study-style episodes to ask successful biz owners all of our (and probably your) burning questions so we can dig deep into the strategies, tactics, mindset, and metrics behind what worked and what didn’t.
The Visionary Files
How I Almost Lost My Stripe Account – and What You Need to Know
Buckle up, because this episode is a cautionary tale about how I almost lost my Stripe account (no, but really!). I want to open up for full transparency around how I navigated the situation to get it back up and running – but also what I'm doing to be prepared if something like this were to ever happen again.
Admittedly this is not exactly the sexiest topic... but I think it's a super important conversation to have because this is probably the most devastating thing that could happen to a business.
What’s inside this episode:
- What I believe triggered Stripe to flag my account and a step-by-step account of what happened
- Why payment processors seem to be cracking down on coaching businesses and perceived risks
- The surprising words and practices that could get your account flagged (that basically everyone on the internet is doing)
- How I adjusted my offers and website to try and meet my understanding of compliance standards
- What I learned from losing my PayPal account back in 2021 and the differences between this process with PayPal and Stripe
- The payment processor(s) and checkout gateway(s) I'm using moving foward to keep my business protected
*Disclaimer: I’m not an attorney, and this episode does not constitute legal advice. Please consult a qualified legal professional for guidance specific to your business.
Stripe Restricted and Prohibited Businesses
FTC Guidance on Testimonials and Endorsements
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