Stripe has been known to be incredibly vulnerable to online fraud. They provide effectively 0 fraud prevention for their users. Any merchant using Stripe is jus

Stripe has been known to be incredibly vulnerable to online fraud. They provide effectively 0 fraud prevention for their users. Any merchant using Stripe is just a sitting duck for an extreme spike in fraudulent purchases. Even as recently as 2 weeks ago lists of Stripe-based merchants float around. Even worse, any bimbo with a SSN and bank account in the USA can sign up. If you've got someone's SSN and address you can open a Stripe and bank account in their name. Run up the Stripe balance with stolen cards and then disappear. Stripe holds initial payments for 7 days and a rolling 2-day period. Clearly from this article most people don't charge back for a long time, well over 7 days. Stripe has a fraud problem. They've been denying it and IMO have failed to bring in fraud prevention experts. They should partner with MaxMind and create a single, easy to implement product.