Comment by A_D_E_P_T

We use Stripe as our payment processor for normal card payments. They just sent us a notice asking us to "link our bank account" to Stripe. (It's an "ask" but I don't think that they're going to take no for an answer.)

What they're looking for is ongoing access to our bank account data, including current and historical balances, full transaction history, and account metadata. They explicitly say this data can be shared with third parties. This goes well beyond traditional payment processing and is closer to applying for a loan or credit product, except it's being framed as a general account requirement, and perpetually ongoing.

It's kind of insane, tbh. We've signed up with PayPal/Braintree and Authorize.Net and are thinking that we might make the switch next week.