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  1. Stripe - Revert back to one Stripe Bank Account in Xero rather than requiring two accounts

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    submitted  ·  9 comments  ·  For small businesses » Business features  ·  Admin →
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    Kate Marston supported this idea  · 
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    Kate Marston commented  · 

    Yes I had no knowledge of a change. It just happened. What I've also noticed is that I have received two payouts from Stripe to our bank account today. One from our original Stripe account managing website transactions and one from the new Xero Stripe account rather than being combined in one payout as they would have historically been. Therefore Metro Bank is charging a fee PER incoming payments. We effectively have been charged twice from the bank to receive Stripe payouts! Clearly all the financial organisations are in this together to squeeze more money out of small businesses.

    I contacted Stripe about this and they say it's a Xero issue!