The agreement authorizes Stripe to debit any linked user bank account and to offset amounts owed across any affiliated user entity accounts and bank accounts without prior separate notice, with this authorization remaining in effect until all user entity accounts are closed and all amounts are paid.
This analysis describes what Stripe's agreement states, permits, or reserves. It does not constitute a legal determination about enforceability. Regulatory applicability and practical outcomes may vary by jurisdiction, enforcement context, and individual circumstances. Read our methodology
This provision establishes that Stripe may collect unpaid amounts by debiting any linked bank account or offsetting across any affiliated entity accounts without separate advance notice; the authorization persists until all associated accounts are closed and all outstanding amounts are settled.
Under this clause, Stripe may debit linked bank accounts and setoff amounts across affiliated entity accounts to collect fees or other amounts owed, without separate notice for each debit; the authorization continues even after a primary account is closed if any User Entity account remains open or amounts remain outstanding.
Cross-platform context
See how other platforms handle Multi-Entity Bank Account Debit and Cross-Account Setoff Authorization and similar clauses.
Compare across platforms →"Without limiting Section 7.2 of these General Terms, User authorizes Stripe to debit and credit each User Bank Account without separate notice, and according to the applicable User Bank Account Debit Authorization, to collect amounts User or another User Entity owes under this Agreement. If Stripe is unable to collect those amounts by debiting a User Bank Account, then User immediately grants to Stripe a new, original authorization to debit each User Bank Account without notice and according to the applicable User Bank Account Debit Authorization. Stripe may rely on this authorization to make one or more attempts to collect all or a subset of the amounts owed. User's authorization under this Section will remain in full force and effect until (i) all User Entity Stripe Accounts are closed; or (ii) all fees and other amounts User owes under this Agreement are paid, whichever occurs later.Excerpt from Stripe's Terms of Service
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This provision establishes that Stripe may collect unpaid amounts by debiting any linked bank account or offsetting across any affiliated entity accounts without separate advance notice; the authorization persists until all associated accounts are closed and all outstanding amounts are settled.
Under this clause, Stripe may debit linked bank accounts and setoff amounts across affiliated entity accounts to collect fees or other amounts owed, without separate notice for each debit; the authorization continues even after a primary account is closed if any User Entity account remains open or amounts remain outstanding.
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