4 ms·

I appreciate the answers given to my question from several days ago. I appreciate that all of the loopholes need to be covered, using >standard< legalese, most

I appreciate the answers given to my question from several days ago. I appreciate that all of the loopholes need to be covered, using >standard< legalese, most of which will never be needed, but when it is, the situation will be resolved entirely in Stripe's favor, not mine. I appreciate that chargebacks are >usually< not a big deal. My concern is about extremes, particularly those which come out of malicious intent, perpetrated against me, through no fault of my own. With the way that these "one-sided" agreements are structured, it appears to be quite easy for me to launch an attack against a small startup's credit processing account, with the likely result being termination of said account, mostly due to the perception of risk which I will have created in the minds of the people who implement the TOS to which the startup agreed. If I can do this to someone's startup, then someone can do it to mine, and I can't be the only person who has thought of this kind of stuff.

boucher 15y ago
And yet, have you ever heard of this happening? I don't mean to minimize your questions; I think there is some amount of trust involved. We're able to tell the difference between someone running a fraudulent business and someone who is being essentially DOSd. Simply having chargebacks is never going to automatically cause your account to be terminated.
- ThaddeusQuay2 15y ago
  "Simply having chargebacks is never going to automatically cause your account to be terminated." False: "WePay reserves the right to close or put a hold on any account that has generated a ["a", as in "single"] chargeback." - https://www.wepay.com/about/terms https://www.wepay.com/about/terms No one talks about the ugly fine print. It's always "just a formality", until they need to use it against you, and that's exactly the kind of leverage a competitor or an enemy will seek out.
  - boucher 15y ago
    Well, to be clear, I'm only speaking about our own service, not WePay. Anyway, I think we've covered the issue here but if you feel like you need further discussion I suggest reaching out to support@stripe.com.
    - ThaddeusQuay2 15y ago
      "I'm only speaking about our own service, not WePay." Really? See: "We can terminate this agreement at any time (especially if you do something bad). Termination is effective immediately. Termination does not alter your liability for processed payments or related chargebacks." at the top of https://stripe.com/tos https://stripe.com/tos. I won't bother with support, because you have not given me any real answer to the scenario which I presented. Your system thus appears to be just as easy to defraud as any other, possibly even easier, so I have no reason to trust an entity which can, and likely will, dip into my bank account to extract all sorts of fees and fines when things do go bad.

boucher 15y ago

And yet, have you ever heard of this happening? I don't mean to minimize your questions; I think there is some amount of trust involved. We're able to tell the difference between someone running a fraudulent business and someone who is being essentially DOSd. Simply having chargebacks is never going to automatically cause your account to be terminated.

ThaddeusQuay2 15y ago
"Simply having chargebacks is never going to automatically cause your account to be terminated." False: "WePay reserves the right to close or put a hold on any account that has generated a ["a", as in "single"] chargeback." - https://www.wepay.com/about/terms https://www.wepay.com/about/terms No one talks about the ugly fine print. It's always "just a formality", until they need to use it against you, and that's exactly the kind of leverage a competitor or an enemy will seek out.
- boucher 15y ago
  Well, to be clear, I'm only speaking about our own service, not WePay. Anyway, I think we've covered the issue here but if you feel like you need further discussion I suggest reaching out to support@stripe.com.
  - ThaddeusQuay2 15y ago
    "I'm only speaking about our own service, not WePay." Really? See: "We can terminate this agreement at any time (especially if you do something bad). Termination is effective immediately. Termination does not alter your liability for processed payments or related chargebacks." at the top of https://stripe.com/tos https://stripe.com/tos. I won't bother with support, because you have not given me any real answer to the scenario which I presented. Your system thus appears to be just as easy to defraud as any other, possibly even easier, so I have no reason to trust an entity which can, and likely will, dip into my bank account to extract all sorts of fees and fines when things do go bad.