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693 points hienyimba | 1 comments | | HN request time: 0.242s | source
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protomyth ◴[] No.28522999[source]
How are we a "high risk" merchant when our business is not different from Truebill.com (subscription tracking) and Ramp Inc (spend management) a company Stripe recently invested in?

The cynical me says there is your answer right there. You are a bit to close to something Stripe invested in, or at least close enough to something they will offer as a service soon.

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1. oefrha ◴[] No.28523507[source]
Or, alternatively, the business (issuing virtual credit cards to consumers, seemingly worldwide) is pretty different from truebill.com (subscription tracking, yes, but doesn't issue cards, AFAICT) or Ramp (issues corporate cards instead of consumer cards, where I would assume there's a bit more due diligence).

https://justuseapp.com/free-trial-card claims that one of their main selling points is

> Access the American market

> Our credit card comes with a U.S. billing address, so you can unlock features restricted to the U.S or Western markets especially if you don't live there.

Isn't this just straight up fraud?

Admittedly I'm not familiar with any of the services mentioned, so correction is welcome.