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Are they? Presumably if there is a dispute they will just remove the money from the creator.
by fastball 6y ago
Are they? Presumably if there is a dispute they will just remove the money from the creator.
- lucidlive 6y agoYes, But they would incur an additional service charge for that dispute. That’s the worst part about being a merchant. Someone buys a digital product from you, then they file a chargeback. You are then down the original charge plus a fee that can be as much as $25 or more.
- fastball 6y agoI'm fairly certain Stripe handles that, no?
- PeterisP 6y agoIf they pay out money to creators in a reasonable time, then a fraudulent "creator" (accounts created with fake/stolen identities and tipped with stolen cards) will withdraw anything ASAP and there won't be anything to remove/recover; and if they want to protect from that, then they have to do invasive verification and/or freeze any income for a quite long time.
- imtringued 6y agoThey can just do KYC for people who withdraw money from the platform.