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How to Fix Bold Subscriptions Eligibility Issue with Stripe Payment Gateway?

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Why is Bold Subscriptions showing an eligibility error even though Stripe is connected as a payment gateway?

The eligibility error in Bold Subscriptions is occurring because the Stripe payment gateway in Shopify's settings is not the correct version. Bold Subscriptions requires the payment gateway to be simply titled "Stripe", not "Stripe Card Payments." Contact Shopify support to connect the correct payment gateway version titled "Stripe" to your Shopify admin's settings.