Re:Stripe Terminal – Programmable point of sale
by docker_up on Monday September 17, 2018 @01:23PM
(#18007901)
No, they would need to become money transmitters according to what you wrote above. AFAIK they aren't money transmitters yet.
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Re:Stripe Terminal – Programmable point of sale
by screature2 on Monday September 17, 2018 @01:53PM
(#18008180)
They list themselves as having money transmitter licenses across the US.
see e.g. https://stripe.com/us/payments and https://stripe.com/connect (under "Rigorous Compliance" and "Compliance respectively").
You'll also find them on CA's directory of money transmitters. http://www.dbo.ca.gov/Licensees/money_transmitters/money_tra...
Re:Stripe Terminal – Programmable point of sale
by wbronitsky on Monday September 17, 2018 @01:33PM
(#18008007)
It depends on the jurisdiction, but they are in many! It is something they have been working towards for quite some time.