Are Russian customers under embargo?

Question

With the sanctions on Russia, what impact will that have on processing payments from Russian customers?I use Stripe to process monthly Subscriptions. Will credit card transactions bounce on their next renewal?

simonblack · Accepted Answer

Old Business Proverb:"Never turn away a paying customer."If Stripe (and others) can't cut it, go to somewhere who can. If that means using a Japanese/Nigerian/Swiss/Singapore/Brasilian/other bank, so be it.

sinyug · Answer

> I use Stripe to process monthly Subscriptions.
Question best taken up with Stripe, I think.
Ideally, they will come out with a statement of their own. When the Reserve Bank of India introduced new rules regarding recurring transactions that all banks and payment processors had to comply with, Stripe put out a page on the topic.[1][2]
[1] Recurring transactions for Stripe accounts in India (https://support.stripe.com/questions/recurring-transactions-...)
[2] RBI regulations affecting payments from India issued cards (https://support.stripe.com/questions/rbi-regulations-affecti...)

Are Russian customers under embargo?

With the sanctions on Russia, what impact will that have on processing payments from Russian customers?
I use Stripe to process monthly Subscriptions. Will credit card transactions bounce on their next renewal?

Old Business Proverb:
"Never turn away a paying customer."
If Stripe (and others) can't cut it, go to somewhere who can. If that means using a Japanese/Nigerian/Swiss/Singapore/Brasilian/other bank, so be it.