How should Micaela's Hair Design Studio remedy a negative balance?

Master the Stripe Fundamentals Exam with engaging flashcards and multiple choice questions. Each quiz question includes detailed explanations to enhance your understanding. Prepare effectively and ace your exam!

Multiple Choice

How should Micaela's Hair Design Studio remedy a negative balance?

Explanation:
When you have a negative balance, Stripe is asking you to add funds to bring the balance back to zero. The way to do this is to perform a top-up from your bank into your Stripe account. This directly replenishes the available balance so payouts can resume and Stripe can cover ongoing charges. Other options don’t fix the situation: asking customers for refunds would actually reduce funds further, waiting for a payout won’t add money to cover the deficit, and closing the account doesn’t replenish the balance and leaves the outstanding amount unresolved. Top up now is the straightforward way to remedy the negative balance.

When you have a negative balance, Stripe is asking you to add funds to bring the balance back to zero. The way to do this is to perform a top-up from your bank into your Stripe account. This directly replenishes the available balance so payouts can resume and Stripe can cover ongoing charges.

Other options don’t fix the situation: asking customers for refunds would actually reduce funds further, waiting for a payout won’t add money to cover the deficit, and closing the account doesn’t replenish the balance and leaves the outstanding amount unresolved. Top up now is the straightforward way to remedy the negative balance.

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