[jijosunny]

first off, thank you for the kind words!

Payment fraud and AML - we're a PayPal and Stripe Partner and do not hold the money that we process. We use their marketplace products to handle payments, fraud and compliance so that we can focus on the product.

[alasdair_]

>Payment fraud and AML - we're a PayPal and Stripe Partner and do not hold the money that we process. We use their marketplace products to handle payments, fraud and compliance so that we can focus on the product.

If someone pays with paypal, can I still get the money in my stripe account? If not, what's the main benefit over using your service versus just using paypal and stripe directly? Do I still need to create a paypal account and a stripe account to use your service?

[jijosunny]

Yes, you need a PayPal or Stripe account to start receiving payments. The main benefits are the community and publishing features. You can share rewards or exclusive content with your supporters.

Also, a significant portion of the activity that we see is driven by gratitude. People love supporting a creator and leaving a positive note.

[pheme1]

When I started using buy me a coffee(6 months ago?), the payment portal was Payoneer. Is my payment portal still valid or I need to migrate to Paypal/Stripe?

[jijosunny]

It is still valid, but we'd recommend connecting PayPal or Stripe for all these new features like instant payouts :)

[herenorthere]

Ahh interesting, thank you for the response. And yes the more I thought about it, the more I realized that you're basically a non-custodial payment processor (and idk even know if you'd be considered that). What type of business do you categorize as? Are you a payment processor? Or are you simply a UI markup for paypal/stripe? Im not implying one is better than the other, just curious

edit: now that I think about it, I would imply that one is better than the other. Because if you are just a UI/UX improvement on paypal/stripe, then you would be out of the regulatory umbrella of FinCen I believe.