Tell HN: Stripe ToS update demands biometrics, freezes payments until given
12 points by cuz-reasons
by not_your_vase
0 subcomment
Wait a second. You mean that until now you could just open a Stripe account with random personal details, without verification? You could just say "trust me, bro about my details", and Stripe did trust you?
Based on your description this sounds to me like a big KYC hole which they are trying to plug in now.
It would be interesting to know how many such accounts exist...
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