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This is only barely waved at in the article, but this guy’s business is a site that helps you find cheap parking near airports. It’s not surprising that he star
by egypturnash 6y ago
This is only barely waved at in the article, but this guy’s business is a site that helps you find cheap parking near airports. It’s not surprising that he started having a ton of cancellations and chargebacks as people started cancelling trips they weren’t going to take.
I mean if we start seeing other people chiming in that Stripe is making them hold a huge reserve in businesses that are not being made completely impossible by the pandemic then maybe I’ll give some credence to his accusations that this is all Stripe covering their ass for their VC obligations. But “every single travel-related business we serve is having huge jumps in their chargebacks right now and we are making you keep a much larger safety buffer because of that” sounds eminently plausible to me.