Why does Whoppah work with Stripe?
Why does Whoppah work with Stripe?
Whoppah is a technology company that functions as a marketplace. We are not allowed to channel sales proceeds through our own bank account. Instead, we must route the money flow through a licensed financial institution. For this, we partner with Stripe, the largest service provider worldwide for marketplaces.
Why is this necessary?
This process helps us maintain the reliability and safety of international payments.
Is my payment secure? Is Whoppah's payment provider properly regulated?
Yes. Payments on Whoppah are handled by Stripe, a fully licensed and supervised payment provider.
Stripe operates in the EU through Stripe Technology Europe Limited (STEL), an authorised electronic money institution regulated by the Central Bank of Ireland (reference number C187865). Under the EU Payment Services Directive (PSD2), this licence is passported across the entire European Economic Area, including the Netherlands, so Stripe is also listed in the public register of De Nederlandsche Bank (DNB), the Dutch financial supervisor.
You can verify Stripe's status yourself:
- DNB public register: https://www.dnb.nl/en/public-register/information-detail/?registerCode=WFTEG&relationNumber=R161769
- Central Bank of Ireland: https://registers.centralbank.ie/FirmDataPage.aspx?firmReferenceNumber=C187865
Apple Pay and Google Pay operate within the same EU payment framework, processing card payments through licensed institutions.
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