What distinguishes a recipient service agreement from a full service agreement?

A recipient service agreement is characterized by the clarification that there is no service relationship with Stripe. This type of agreement typically outlines terms related to the receipt of funds or other obligations without establishing a formal service provision from Stripe. In contrast, a full service agreement signifies a comprehensive relationship where Stripe provides various services to the recipient.

Understanding the distinction is essential. A recipient service agreement focuses on the transactional aspects that do not involve an ongoing service provision, whereas a full service agreement includes a range of services that Stripe offers to its clients. The key takeaway is that the recipient service agreement demarcates boundaries of the relationship, ensuring that the recipient understands their position in relation to Stripe's services.