How Payments Work
Understanding SusuFlex's payment model: transparent, compliant, and secure.
Key Point
SusuFlex never holds your money. All funds flow directly through Stripe to individual user accounts. We are a software platform that facilitates peer-to-peer coordination—not a financial intermediary.
Our Payment Model: Stripe Connect Express
SusuFlex uses Stripe Connect Express, Stripe's recommended solution for marketplace and platform businesses. Here's how it works:
User Creates Stripe Account
Each SusuFlex user sets up their own Stripe Express account through Stripe's secure onboarding flow. Stripe handles KYC verification directly—we never see sensitive documents.
Contributions Go to Stripe
When a member makes a contribution, their payment is processed by Stripe and held in Stripe's custody—not SusuFlex's. The funds never touch our bank accounts.
Payouts via Stripe Transfer
When it's a member's turn to receive the pot, SusuFlex triggers a Stripe Transfer to their connected account. Stripe handles the disbursement directly to the recipient's bank.
Result: No Money Transmission
Because funds flow from user → Stripe → user (never through SusuFlex), we operate as a software platform, not a money transmitter. This is the same model used by platforms like Patreon, Kickstarter, and Substack.
Why This Model Matters
Your Funds Are Protected
Stripe is a licensed money services business regulated by state and federal authorities. Your funds benefit from their regulatory oversight and financial controls.
Faster Payouts
With Stripe Express, verified users can receive payouts in as little as 1-2 business days directly to their bank account.
Built-in Fraud Protection
Stripe Radar uses machine learning trained on billions of transactions to detect and prevent fraud automatically.
Regulatory Compliance
Stripe handles KYC/AML requirements, 1099-K reporting, and maintains licenses in all 50 US states plus international jurisdictions.
What SusuFlex Does vs. What Stripe Does
Payment Authorization & Consent
Every payment on SusuFlex requires explicit user authorization:
- Joining a Circle: Members review and accept the circle rules, contribution schedule, and payout order before joining. This creates a binding member agreement.
- Each Contribution: Users explicitly authorize each payment or opt into autopay with clear terms.
- Stripe Account: Setting up a Stripe Express account requires accepting Stripe's own terms of service and completing their identity verification.
- Payout Setup: Users must add and verify their bank account through Stripe's secure process before receiving any payouts.
Dispute & Chargeback Handling
We've implemented comprehensive measures to minimize disputes:
Before Charging Back
Circle contributions are peer-to-peer commitments—not purchases from SusuFlex. If you have an issue with a circle, contact our support team first at support@susuflex.com. We have internal dispute resolution processes that can often resolve issues faster than a chargeback.
- Clear Disclosure: Members understand they're joining peer-to-peer savings groups, not buying a product.
- Member Agreements: Binding commitments are recorded at signup with explicit acknowledgment of risks.
- In-App Disputes: Full dispute resolution system for member-to-member conflicts.
- Support First: Dedicated compliance team to resolve issues before they become chargebacks.
- Refund Process: Legitimate refund requests are processed through proper channels.
Frequently Asked Questions
Is SusuFlex a bank?
No. SusuFlex is a software platform that coordinates peer-to-peer savings groups. We do not hold deposits, make loans, or provide FDIC insurance. All payment services are provided by Stripe, a licensed payment processor.
Does SusuFlex need a money transmitter license?
Our legal analysis indicates no, because we use Stripe Connect Express where users have their own Stripe accounts and funds never pass through SusuFlex. This is the same model used by other marketplace platforms. We recommend consulting with a fintech attorney if you have specific regulatory questions.
What happens if Stripe freezes my account?
Your Stripe Express account is subject to Stripe's terms of service. If Stripe flags your account for review, you'll work directly with Stripe to resolve any issues. SusuFlex cannot override Stripe's risk decisions.
How do I get my money out?
When it's your turn to receive the pot, funds are transferred to your connected Stripe Express account, then automatically paid out to your linked bank account (typically 1-2 business days).
Contact Our Compliance Team
For questions about payments, compliance, or regulatory matters:
- Email: compliance@susuflex.com
- Support: support@susuflex.com
Last updated: December 28, 2025. This page is for informational purposes and does not constitute legal or financial advice.