[ajeet_dhaliwal]

I can sympathize because it was just one business unit that he had apparently recently acquired that was responsible for this and the rest of his businesses were ok. The biggest lessons are to be aware of what you are acquiring and the issues they are having, make sure it's very clear to customers how they can contact YOU to get a refund and finally, it's probably a good idea to have separate accounts for different businesses on Stripe.

[owenversteeg]

That sounds like the real lesson here: have separate accounts for separate sites.

I haven't used Stripe for years, so I'm not sure: is that totally kosher? And if you enter the same business/tax/ID details for two different accounts, will there be any problems?

It'd be great to hear from someone about Stripe about this, as I know a lot of Stripe people hang around HN.

[nthj]

> And if you enter the same business/tax/ID details for two different accounts, will there be any problems?

I have no experience acquiring companies, but my first instincts are I would acquire a given company into a separate owned LLC, to firewall the rest of my assets from unknown snakes in the grass. If I'm doing that, plugging those LLC's details into Stripe seems like a non-issue.

[privateSFacct]

I can tell the other replies are from folks running honest businesses!

There is actually another business that leverages it's transaction flow to work with scammers / counterfeit product resellers.

Basically, you buy storefronts at high risk of charge-back or who on their own might have a 10% charge-back rate and can't hold a merchant account. For example, someone sells counterfeit apple chargers. Believe it or not, even though some people might realize it's bogus, maybe only 10% actually charge back. The rest either don't catch on or can't be bothered to charge back. That still is too high. But someone who can mix that in to their own account / high volume account less likely to be shut down - it's a business opportunity.

Exact same issues going on in the ACH space actually which is often used for bogus ongoing / recurring billing.

[nsp]

My company uses 3 stripe accounts on the advice of our stripe representative, so I believe they’re ok with it.

[corobo]

When you're all talking about separate accounts - Are you talking separate login accounts or separate accounts as in the top left on your dashboard switch between these accounts

[badwolf]

Don't work at Stripe, but each business unit/product in our company has their own separate Stripe account.