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What happens if you're flagged for fraud? e.g. on a recent talk by a different company, the presenter said that buying Pepsi implies a slightly higher percentag
by tomp 9y ago
What happens if you're flagged for fraud? e.g. on a recent talk by a different company, the presenter said that buying Pepsi implies a slightly higher percentage of fraud than buying Coca Cola. What happens if I, a legitimate customer with a real, non-expired, not-overcharged credit card cannot make a purchase because your system flags my transaction as fraud?
- ovao 9y agoI believe part of your question was answered here[0]. In short: on this platform merchants have the ability to process a transaction that Bolt suggests is likely to be fraudulent (in effect ignoring the warning). In a general sense, all merchants have to balance their false positive rates with their false negative rates in a way that makes sense for the products/services they sell. [0]: https://news.ycombinator.com/item?id=16217020 https://news.ycombinator.com/item?id=16217020