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Stripe provides fraud protection? I thought they were just a (really awesome, developer-friendly) payment processor and you'd need to put something like Kount
by exhilaration 9y ago
Stripe provides fraud protection? I thought they were just a (really awesome, developer-friendly) payment processor and you'd need to put something like Kount in front of them to do your own fraud protection.
- ceejayoz 9y agoThe fraud protection is a fairly recent offering. https://stripe.com/radar https://stripe.com/radar I've personally had good results with it, but admittedly at lowish volume.
- sovande 9y agoRadar, smack there in the left-menu, is Stripe's Fraud "prevention" system. You can register and mark fraudulent purchases to improve the machine learning system behind Radar (sure). You can setup rules such as "Block if CVC verification fails" (really and can be disabled). At least, Stripe is trying to address the problem. Unfortunately, not with great success at the moment, but I'm sure/hope it will improve. We use both PayPal and Stripe and the difference is like a green meadow compared to a green toxic waste dump with regards to charge backs and fraud.