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Does Stripe or Square-Up act as an "agent" to process money transfer or do they also come under the payment processor license in USA?
I have a question about Stripe and Square-Up. Do they act as an "agent" to process money transfer or do they also come under the payment processor license in USA?
Stripe and Square-Up are both under the payment processor license in USA. They are licensed as money transmitters and act as intermediaries between the payer and payee.