Hosted by Maria Sparagis, president of DirectPayNet, and payment solutions expert for entrepreneurs in the high risk industries of supplements, dating, business opportunities, gambling and more. On this podcast, Maria shares her knowledge on how to reduce decline ratios, add thousands of dollars to your bottom line with a few simple conversion hacks, and maximize revenue while keeping your high-risk merchant accounts happy and healthy. As a cryptocurrency advocate since 2012, Maria will also share her knowledge on the digital currency markets. Maria has worked with several high level entrepreneurs in Direct Marketing including Christian Hudson, Julian Reyes, Jeremy Schoemaker “ShoeMoney”, Mike Chang and many more. She has been featured in American Banker, Vice, Inside Bitcoins, Coindesk, and Yahoo. Connect with Maria mariasparagis.com or directpaynet.com
https://maria-sparagis.captivate.fm
episode 86: Get Your MONEY BACK After Stripe Holding Funds
Is Stripe holding funds from you? If they are, this is the video for you. And if they aren’t, pay attention so you can avoid it from happening.
We know how convenient Stripe is. We also know how often Stripe users get their funds frozen, accounts shut down, and money vanished. We receive at least 20 emails PER WEEK from burnt Stripe customers looking for help. You did everything right—you followed all the rules, but still ended up getting your account shut down for no reason.
Stripe holds funds for 90 days. Period. How can your business run when you can’t withdraw your money? This video gives you all the tips you need to keep your business afloat.
1 - Open a backup account (another Stripe account, PayPal, or real merchant account)
2 - Write to Stripe via email or send a direct letter
3 - Request your money back in portions starting with 50%
We know you haven’t done anything wrong, and you know you haven’t done anything wrong. Stripe runs on an algorithm that flags, freezes, and terminates accounts based on monthly transaction volume and chargebacks. So if you start processing too much too fast or you get even 1 chargeback, that could be it for your account.
Follow our guide and don’t hesitate to ask us for advice directly.
Email Stripe:
legal@stripe.com
Videos on Stripe:
Stripe Account Suspended https://www.youtube.com/watch?v=B6eWhaIyyzc
Stripe Account Banned https://www.youtube.com/watch?v=nqwgSceME7A
Stripe Alternatives https://www.youtube.com/watch?v=1hChptl-Xig
00:00 Stripe Holding Funds Intro
01:07 1 Chargeback Leads to Shut Down
01:52 Open a Backup Account
02:41 Contact Stripe
04:49 Getting Your Money Back
Connect with Maria:
Maria Sparagis Website: http://mariasparagis.com
DirectPayNet Website: https://directpaynet.com
LinkedIn: https://www.linkedin.com/in/mariasparagis/
Facebook: https://www.facebook.com/mariasparagis.directpaynet
Instagram: https://www.instagram.com/directpaynet_paymentsolutions/
Twitter: https://twitter.com/directpaynet