Any dispute, claim or controversy arising out of or relating to this Agreement or the breach, termination, enforcement, interpretation or validity thereof, including the determination of the scope or applicability of this agreement to arbitrate, shall be determined by arbitration. YOU AND STRIPE WAIVE YOUR RIGHT TO A JURY TRIAL AND TO BRING OR PARTICIPATE IN CLASS ACTION PROCEEDINGS.
This clause eliminates your ability to pursue collective legal action against Stripe, which is often the only practical remedy when individual damages are too small to litigate alone but widespread across many users.
Businesses using Stripe may have their payouts withheld or placed in reserve for up to 180 days based on Stripe's unilateral risk assessment, potentially disrupting cash flow with limited recourse. Stripe can terminate or suspend accounts immediately, cutting off access to payment processing and potentially funds held in reserve. You can review and negotiate reserve terms before signing, and should maintain alternative payment processing arrangements as a contingency.