Stripe Is Holding 25% of Our Funds, Indefinitelyby@pat
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Stripe Is Holding 25% of Our Funds, Indefinitely

by Patrick Murray2mJuly 17th, 2020
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Stripe is holding 25% of all of our funds for each transaction. This is of course before refunds and fees. Stripe stated that it was using the funds to step up product development, global expansion, and strategic initiatives”. Perhaps the reason for this was an internal “we need this money”? Stripe mentions that they are providing fast access to funds through Instant Payouts, Stripe Capital, the Stripe Corporate Card, and helping small businesses access government aid.

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