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A lot of payment services can now provide much more useful verification of a customer's location, e.g., checking the country where a card was issued or knowing
by Silhouette 9y ago
A lot of payment services can now provide much more useful verification of a customer's location, e.g., checking the country where a card was issued or knowing the country where a certain payment method works or a bank account is located.
This is becoming a necessity since various places, notably the entire EU, now require multi-point proof of customer location for tax compliance for at least some types of sale.
It's easy to pretend you're somewhere else until you need to pay for something. Then you have the entire financial sector's anti-fraud systems to deal with, and a VPN isn't going to fool them for a moment.
- TomGullen 9y agoIirc VAT laws require 3 sources of proof of country - that’s what we tried to do (IP, billing address and processor reported address) although often it’s only possible to get 2.
- Silhouette 9y agoFor the electronic B2C stuff in the EU, the requirement is two non-conflicting sources. Something like geolocation and card billing address should suffice in most cases (assuming you have access to the customer's IP address and they're paying by card, which is surely a fairly common situation for a SaaS).