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the_mitsuhiko 238 days ago | link | parent

How does Stripe get away without the paperwork?


StavrosK 238 days ago | link

That's what I'm wondering too. They require zero paperwork, though, and Paymill did tell me that the paperwork they sent me was mandatory for all money-processing companies.

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collision 238 days ago | link

Stripe collects information from you before you can start using it -- you'll see us ask for this when you go to activate your account. But we've worked to make it as quick, painless and sensible as possible.

The sign-up process is part of the product, and we treat it that way. Onerous paperwork is not an inevitability.

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StavrosK 238 days ago | link

Well, I don't even remember you asking for it, so you must be doing something right. On the other hand, all I remember about Paymill is that they asked me for the info.

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progx 238 days ago | link

I think it is only possible when the money processing companies from stripe did not want the papers.

But on the other side this means, that stripe is less secure?

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