Which account types allow a platform to stay in compliance automatically?

Which account types allow a platform to stay in compliance automatically?

• A. Standard
• B. Express
• C. Standard and Express
• D. Custom

Answer: (C)

Automatic compliance comes from choosing account types where Stripe takes care of the heavy regulatory tasks. With Standard accounts, Stripe fully manages onboarding, identity verification, KYC/AML checks, tax reporting, and ongoing regulatory duties for each connected account. Express accounts also handle the core compliance work on Stripe’s side, while letting you customize the onboarding flow. Custom accounts shift most of that burden to the platform itself, meaning you’re responsible for onboarding, KYC, tax reporting, and ongoing compliance. So, Standard and Express are the options that let the platform stay in compliance automatically, because Stripe handles the regulatory processes for those account types.

Automatic compliance comes from choosing account types where Stripe takes care of the heavy regulatory tasks. With Standard accounts, Stripe fully manages onboarding, identity verification, KYC/AML checks, tax reporting, and ongoing regulatory duties for each connected account. Express accounts also handle the core compliance work on Stripe’s side, while letting you customize the onboarding flow. Custom accounts shift most of that burden to the platform itself, meaning you’re responsible for onboarding, KYC, tax reporting, and ongoing compliance.

So, Standard and Express are the options that let the platform stay in compliance automatically, because Stripe handles the regulatory processes for those account types.