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> end up losing money to hackers. How do you imagine this would work for a company using normal fiat payment rails?
by wyager 1y ago
> end up losing money to hackers.
How do you imagine this would work for a company using normal fiat payment rails?
- hnthrow90348765 1y agoQuite a lot of security problems are someone fucking up something they shouldn't have. But honestly I haven't a clue.
- theamk 1y agoImagine a validation logic error that allows an evil actor to pass credit checks with arbitrary personal details. Hackers use this to make many orders using fake personal information. In BNPL, all losses are covered by the BNPL provider - so merchants get their money, criminals get random stuff for resale, and BNPL have to foot the bill.