I am not sure about Stripe terms of service but don't most companies have some hatch-key terms of service to prevent suing. (I am not sure about stripe but there are some products that if you use their service, then you can only sue them for 1$ for example)
My recommendation feels as to get the money as soon as possible and then contact a lawyer and see if they can get enough pay-off from this somewhat, rightful lawsuit.
IANAL, but Maybe if they make even more than 85k$ by suing them right now, then perhaps they can sue them right now but maybe a lawyer here can give more definitive answer as to how they should proceed (and perhaps they shouldn't listen to any of us online people especially about the law)
As I understood it, even in the UK there is the concept of a 'reasonable man' as in, the contract should perform as a 'reasonable man' would expect. If it does not, that is enough to get such terms discarded. So, you cannot just obfuscate the contract with impenetrable legalese that excludes reasonable things and expect to get away with that. Which is not to say that (insurance) companies will not try.
my source for this was an ex career insurance man (retired out)
The Stripe horror stories are adding up, making me think startups will move to different platforms.
A friend in China recently got shut down by Stripe for a perfectly legitimate business. They moved to Creem.
Stripe cares about big business. Startups can't really be moving the needle much for them anymore.
Stripe's APIs have become too confounding for small business anyway. They care about big business shaped entities at the expense of smaller scrappy players. Easy things aren't easy. It sucks.
You have to build your own hooks and logic for upgrades and downgrades. The event types are mismatched yet you have to listen across several semantic classes to capture the right state changes. Absurd, legacy/big biz focused garbage.
It should be click a button and integrate one API and webhook and you're done.
(Not related to Stripe) but I tried to go to your terms of service and I didn't see a mention of any company and the mail within support is a gmail, zorqaiservice@gmail.com, So do you have a corporation formed
I am also unable to see a page like who-we-are, to verify this post especially given your new account. For more legitimacy, I somewhat suggest some way of manually verifying your account/claims
That being said, there have been cases within past where Stripe team has contacted here, Someone once joked about Hackernews being the golden ticket to Stripe support.
I hope that your problem gets resolved quickly as I can understand it must be very tense.
It is definitely some feeling when you just feel un-heard by a large corporation and get into its shenanigans that it really sucks, so messaging them on social media becomes often times the last resort.
You don't. 1% DR = ban. I forget the snapshot. Disputes should be refunded to be void and that user banned.
If you incur more in fees than a DMA plan you shouldn't be using Stripe for cards anyway. Only ACH, PADs, crypto.
The hook should be on a subdomain only allowing Stripe IPs in WAF.
You don't mention any timeframes here relating to when the bulk of payments happened. It's quite reasonable for Stripe to hold what they see as high-risk funds in _anticipation_ of more disputes coming in.
Read also https://shaun.nz/why-were-never-using-wise-again-a-cautionar... than understand why crypto (not stablecoin) shift is a need not because their are good (they are not much) but because they can't block us. Banks and fintech have dug their own grave with such behaviors, and they'll resist until common people will understand.
You should've used cryptocurrency. My personal choice would've been Monero. Note that stablecoins, with the exception of DAI, can technically be frozen, although you would have to piss off the government for that to happen.
Same thing hit us, $60k for three months with no warning either. It was infuriating. Been building a monitor to catch the warning signals early since then: https://stripehealth.earlyproof.io
19 comments
My recommendation feels as to get the money as soon as possible and then contact a lawyer and see if they can get enough pay-off from this somewhat, rightful lawsuit.
IANAL, but Maybe if they make even more than 85k$ by suing them right now, then perhaps they can sue them right now but maybe a lawyer here can give more definitive answer as to how they should proceed (and perhaps they shouldn't listen to any of us online people especially about the law)
OP, I suggest contacting a lawyer just in case.
Reasonableness and good faith are implied in contracts. If a clause kills the essence of a contract maliciously, the court will not enforce it.
my source for this was an ex career insurance man (retired out)
https://en.wikipedia.org/wiki/Man_on_the_Clapham_omnibus
In civil law you can sue with an action under contract enforcement, which carries a lighter burden of proof
A friend in China recently got shut down by Stripe for a perfectly legitimate business. They moved to Creem.
Stripe cares about big business. Startups can't really be moving the needle much for them anymore.
Stripe's APIs have become too confounding for small business anyway. They care about big business shaped entities at the expense of smaller scrappy players. Easy things aren't easy. It sucks.
You have to build your own hooks and logic for upgrades and downgrades. The event types are mismatched yet you have to listen across several semantic classes to capture the right state changes. Absurd, legacy/big biz focused garbage.
It should be click a button and integrate one API and webhook and you're done.
Huge opportunity.
I am also unable to see a page like who-we-are, to verify this post especially given your new account. For more legitimacy, I somewhat suggest some way of manually verifying your account/claims
That being said, there have been cases within past where Stripe team has contacted here, Someone once joked about Hackernews being the golden ticket to Stripe support.
I hope that your problem gets resolved quickly as I can understand it must be very tense.
It is definitely some feeling when you just feel un-heard by a large corporation and get into its shenanigans that it really sucks, so messaging them on social media becomes often times the last resort.