How to Cancel Your Stripe Account
Ensure all payouts are complete
Check your Stripe Dashboard for any pending payouts, open disputes, or unsettled transactions. Allow all funds to settle before closing.
Cancel active subscriptions or payment links
If you have Stripe Billing subscriptions, payment links, or recurring charges set up, migrate these to your new processor or cancel them in Stripe before closing.
Export your data
Download customer data, payment history, and any invoice records from Stripe. Go to Dashboard > Balance > Download CSV.
Close your Stripe account
In the Stripe Dashboard, go to Settings > Account > Close Account. You'll need to confirm the closure.
What to Expect During the Transition
Stripe closure requires ensuring no pending funds remain. Because Stripe is often used for online transactions, migration includes updating payment integrations on your website or POS. Liberty Bancard will advise on gateway alternatives for any online processing needs.
Timeline
Day 1–2: Application and Stripe statement review. Day 3: Approval and account setup. Day 4–7: Equipment and integration setup. Day 7–10: Fully live on Liberty Bancard.
How Liberty Bancard Handles the Switch for You
Liberty Bancard manages in-person terminal setup, merchant account underwriting, and funding configuration. For online transaction migration, we advise on gateway options and connection methods. Your dedicated rep coordinates the transition to minimize downtime.
What You Need to Get Started
- Last 3 months of Stripe processing statements (CSV export)
- Business bank account information
- Business documentation for underwriting
- Current website platform (if online processing needed)
- Social Security Number or EIN
Ready to Start?
Upload your Stripe statement and we'll handle the rest — statement review, application, underwriting, equipment, and go-live support. Most merchants are fully live within a week.
Upload Your Statement to Start See Liberty Bancard vs Stripe