
Global digital payments platform Stripe has announced it will temporarily move to an invite-only model for new account sign-ups in India. The US-based company cited evolving regulatory changes, including strict KYC requirements, as the primary reason for this decision. Stripe described the move as a 'tough decision' and emphasized its commitment to providing a consistent user experience worldwide. The decision comes amid an infrastructure overhaul and aims to navigate India's complex regulatory landscape. The announcement was made on Friday.
Stripe says it will temporarily move to an invite-only model for new account sign-ups in India, as it navigates the country's evolving regulatory landscape (@refsrc / TechCrunch) https://t.co/wOKtDmkneD 📫 Subscribe: https://t.co/OyWeKSRpIM https://t.co/9UWDQfgSFt
Stripe curbs India ambitions over regulatory changes: https://t.co/rZjh9WATuC by TechCrunch #infosec #cybersecurity #technology #news
Stripe curbs India ambitions citing evolving regulatory environment https://t.co/P00s8kZpPX
