diff --git a/CHANGELOG.md b/CHANGELOG.md
index e408305d..7d808fcd 100644
--- a/CHANGELOG.md
+++ b/CHANGELOG.md
@@ -14,6 +14,11 @@ way to update this template, but currently, we follow a pattern:
 
 ## Upcoming version 2019-XX-XX
 
+- [add] Complete rewrite to `PayoutDetailsForm` due to breaking changes in Stripe API.
+  [#1049](https://github.com/sharetribe/flex-template-web/pull/1049)
+  - You should track all your customizations to `PayoutDetailsForm` and related changes in
+    `user.duck.js` and elsewhere before merging this upstream-update.
+  - You should update Stripe API to "2019-02-19" or later
 - [add] Booking: use attributes `displayStart` and `displayEnd`, instead of reading booking period
   directly from `start` and `end` attributes.
   [#1050](https://github.com/sharetribe/flex-template-web/pull/1050)
diff --git a/README.md b/README.md
index 00e26b9c..ea3d8f0a 100644
--- a/README.md
+++ b/README.md
@@ -20,12 +20,6 @@ yarn run config                                                # add the mandato
 yarn run dev                                                   # start the dev server, this will open a browser in localhost:3000
 ```
 
-### If you are using Stripe account created after 19th of February 2019 creating compan accounts is temporalily unavailable.
-
-This is due the changes in Stripe API (https://stripe.com/docs/upgrades#api-changelog). Issues with
-individual accounts were fixed in release
-[2.12.0](https://github.com/sharetribe/flex-template-web/releases/tag/v2.12.0).
-
 You can also follow along the
 [Getting started with FTW](https://www.sharetribe.com/docs/tutorials/getting-started-with-ftw/)
 tutorial in the [Flex Docs website](https://www.sharetribe.com/docs/).