2 ms·

I don't quite buy that. The ability to claw back credit card payments to fraudulent merchants enables commerce before credibility is established. This is in the

I don't quite buy that. The ability to claw back credit card payments to fraudulent merchants enables commerce before credibility is established. This is in the merchant's interest too, especially when they're starting out.

Taek 5y ago
It's only in the interest of the merchant if they are selling items that have a low enough chargeback rate. Credit cards and clawbacks work great in-person and for low value online merchandise but it's non-viable for online high resale value merchandise.
- perl4ever 5y ago
  >it's non-viable for online high resale value merchandise. What does that mean? The phrase "high resale value merchandise" sounds like it refers to the stuff that, in physical stores, is kept in a locked case so you have to ask someone to open it. But that stuff is readily available online, isn't it?