Gotya108 | 11-11-2021 10:14 AM | Re: Is stealth stripe accounts possible? Stripe Stealth is not really possible but there is a workaround. Stripe has become a giant and they've diversified their B2B/Marketplace services a lot over the years. Right now you have Stripe Payments (which is the services this questions is asking about) and Stripe Connect which is for larger marketplaces services and businesses. Stripe Connect is a far more complicated product then Stripe Payments as it allows marketplaces and service providers to mainly move funds/onboard/verify banks accounts.
Depending on the which Stripe Connect service a company signs up for the end merchant may or may not have an agreement directly with Stripe. In the event the Platform/Service decides to handle all or part of the on-boarding then the end users would not have an agreement with Stripe. They'd have an agreement with a Stripe Connect Partner so even if they had a Stripe Payments account closed in the past it would not affect their ability to open an account with a Stripe Connect Partner.
For Example I open a service called StealthBooks and chose to do my own onboarding. My platform is the Merchant of record for all payments and we'd be using Stripe API to perform processing and deposit actions of our design. If you sign up for my service and decide to do something against the TOS or get hit with a chargeback its on StealthBooks to cover the chargeback with Stripe and recover the funds from you.
I'm sure most of your know Shopify. Many of you know Shopify Payments is powered by Stripe. Shopify itself is registered with Visa as a Merchant Servicer and Payment Facilitator. They use Stripe to manage the on-boarding so users have a direct agreement with Stripe. If they chose to handle the on-boarding users banned by Stripe Payments would be able to sign up with Shopify Payments at which point a soft identity, EIN check and bank confirmation would be performed and if all were verifiable you'd be able to accept payments using their apps/software/marketplaces/service... |