It appears that Stripe will remain the sole payment processor for Locals communities. This is the rejection email I got from them when I tried to set up an account.
Thank you for completing our verification process. Unfortunately, we still won't be able to accept payments for thecrazyyears.locals.com moving forward.
Stripe can only support users with a low risk of customer disputes—after reviewing your submitted information and website, it does seem like your business presents a higher level of risk than we can currently support.
We're sorry that we can't offer ongoing service, and we wish you the best of luck with your business.
Stripe apparently is only interested in the low-hanging fruit. So if Stripe decides your new Locals community is "high-risk", you are screwed. You will not be able to monetize your community. There is no appeal.
I suggested that Locals add 2nd Amendment ...