Stripe switches to invite-only system for new account sign-ups in India due to stricter regulatory requirements.

Stripe has switched to an invite-only system for new account sign-ups in India, focusing on supporting select businesses, particularly those with an international expansion focus. The company aims to build out infrastructure to support more users in India by the second half of 2025. Stripe's move comes as a response to stricter regulatory requirements in India, such as full KYC requirements for online payment services.

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