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How to Cancel Stripe

Stripe is a payment processing platform for online businesses. There is no monthly subscription fee — Stripe charges per transaction. To close your account, ensure all payments are settled and payouts complete.

Moderate
~10 minutes
Business Tools

Steps verified March 2026

Quick Facts

0

Cancel online?

Yes

Pause option?

No

Refund policy

N/A — no subscription fees. Transaction fees are non-refundable.

After cancellation

Transaction records retained per financial regulations.

Direct Debit & Billing Warnings

  • Ensure all disputes are resolved — Stripe may hold funds for open disputes.

Cancellation Steps

Go directly to Stripe cancellation page
1

Settle pending payments

Ensure all pending charges, refunds, and disputes are resolved.

2

Complete payouts

Wait for all pending payouts to reach your bank account.

3

Go to Account settings

In the Stripe Dashboard, go to Settings > Account details.

4

Close account

Click "Close Account" at the bottom of the page and confirm.

Tips & Things to Know

  • There is no monthly fee — you only pay per transaction, so closing may not be necessary.
  • Ensure all disputes are resolved before closing.
  • Payouts may take 2-7 business days to complete.
  • Update any webhooks or integrations on your website.

Your Consumer Rights

  • FCA-regulated in the UK.
  • Consumer Rights Act 2015 for UK users.

Frequently Asked Questions

Does Stripe charge a monthly fee?

No, Stripe only charges per transaction (typically 2.9% + 30 cents in the US, 1.5% + 20p in the UK).

What happens to pending payouts?

Pending payouts will still be sent to your bank account after account closure.

Can I reopen my account?

Contact Stripe support to discuss reopening a closed account.

What about open disputes?

All disputes must be resolved before closing. Stripe may hold funds for unresolved disputes.