Financial privacy is a right under the constitution, as is free speech.
Under the guise of “credit review”, Stripe is now rolling out a requirement that appears to target conservative or “anti-vax” Substack authors. Stripe is requiring that these authors provide all of their current and historic financial records associated with the bank account into which Stripe deposits Substack subscriber payments (after taking 10% off the top for Substack and 3% for Stripe). Stripe already has information concerning this bank account (including deposits from Stripe), as we have been doing business with Stripe via this account for over two years.
If I or anyone else agree to these new terms, this newly implemented arbitrary, capricious and overreaching requirement will provide Stripe with complete records of all financial transactions associated with this account…