[LPIL - Board of Directors] Stripe processing

[treasurer at lpillinois.org]

To all,

                Stripe has put our account with them on hold pending an
investigation that we are a prohibited business.  They updated their terms
of service in April and have inquired about our products and services we
sell through Stripe (none but we accept donations) and explain our
marketing.  I looked at their restricted business list and at the very
bottom they have included businesses that accept donations.  This is from
https://stripe.com/legal/restricted-businesses

 



 

 

 

I don't know if this is a new "clarification" to their terms of service, a
reaction to the election craziness or a new hire at Stripe attempting to
label us as something illegitimate. We do file with the FEC and only to
accept donations from US citizens in the United States.  I also highlighted
that Libertarians are against the use of force and violence. I will keep you
updated as the investigation progresses. Stripe is very adamant that they
will not process funds for violent organizations or ones that promote
violence.

 

We could reopen the Paypal account or open one at Raise the Money for
donations should our Stripe account be shut down.  We would need to
coordinate that with the IT team should that occur.  Both of these services
are significantly more expensive than Stripe but handle political donations.

 

Russ Clark

Treasurer

Libertarian Party of Illinois



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