Stripe Restricts Digital Content Sales: What Coaches & Creators Need to Know

In a significant policy shift, Stripe has updated its prohibited and restricted business categories to exclude the sales of exclusive content and digital services/goods for content creators. This means that if you're selling courses, guides, e-books, or mentoring programs, your business is now in direct violation of Stripe's new policies. So, what does this mean for your business?

The Immediate and Long-Term Implications

While the effects might not be immediate, the risk of Stripe shutting down your account or holding your money for extended periods is very real. Numerous stories about Stripe holding funds for weeks or even months without warning can be found online. Just a simple Google search for "Stripe holding funds" will reveal plenty of such instances.

The Double-Edged Sword of Stripe's Simplicity

Stripe's simplicity is both a blessing and a curse. It’s incredibly easy to start using Stripe, but it’s just as easy for them to shut you down. As a large company, it's simpler for Stripe to close your account than to work with you to resolve any issues. They simply don’t have the time or resources to invest in understanding your unique business needs.

The Need for a Payment Partner

High-ticket coaches and content creators need more than just a basic payment processor like Stripe; they need a payment partner. A partner who will take the time to understand their business and provide personalized support.

Introducing The Payment HQ

The Payment HQ is a full-service payment processor with multiple bank relationships and payment platforms that cater to low, mid, and high-risk business models. Here’s what sets us apart:

• In-House Underwriting: Our underwriting is done in-house with the banks. Once you’re approved, you don’t have to worry about fund freezes or account shutdowns. This allows you to focus on growing your business.
• Next Business Day Deposits: We ensure next business day deposits to keep your cash flow healthy.
• Dedicated Agent: Each account comes with a dedicated agent to help you with anything you might need.
• Comprehensive Support: It’s more than just payment processing. When you work with The Payment HQ, you're partnering with a company that’s actively invested in your success. You'll build relationships and expand your network with some of the most successful people in your industry.
• Advanced Tools and Systems: Access the best systems and software available, including automated fraud and chargeback management tools.

Special Offer: Free Risk Assessment

For a limited time, The Payment HQ is offering a free review of your site and business to help determine your level of risk under Stripe’s new policies. Even if you haven’t faced any issues yet, why wait until you do?

Protect Your Business

Don’t rely on a basic payment processor that's just trying to make money off you. Work with The Payment HQ to boost your profits and protect your business.

If you want a 100% free check to see if you’re at risk, book a free call today with us. We’ll show you how to protect your business so you can focus on growing it.