[nkmnz]

Oh I did not realize the whole „SaaS“ is open source, too! To be honest, the „payment processor“ part primed me in a way that I didn’t even investigate about the backend, I assumed it to be closed source due to that. Thank you for the clarification!

About the „processor“: IANAL, but I would assume that a payment processor has liabilities and regulations similar to that of a bank - line it’s the case for PayPal or Stripe. On the other hand, no one would raise a concern of you were forwarding transactions to Visa or some huge bank, so this is probably just a communication issue that you might want to tackle upfront.

[agreeahmed]

Yes, we have similar compliance things we consider to Stripe and PayPal. We believe the best experience will only need one onboarding, which would mean we need to process the payments (even if we use Stripe under the hood to do so for now). That’s why we decided not to build a BYOK flow.

This thread has been eye opening for revealing how much more clearly we could be explaining the funds flow story. Thank you for your feedback!