3 ms·

They're not. There's always the other, less visible but more lethal attack front.. the CFO whispering in the board's ear about chargebacks. I think what we n

They're not. There's always the other, less visible but more lethal attack front.. the CFO whispering in the board's ear about chargebacks. I think what we need to get a handle on is guys, or gals, telling their spouses, "Oh I have no idea what that charge is doing on our card!?!?!" Of course it's going to be disputed. We need some method of attribution that is definitive. So that people can't go around doing that any longer. Make no mistake, these companies are about money. Morality or no morality, if you take chargebacks reliably back in hand adult content would likely show itself to be more profitable than nearly every other segment of their business. Would there still be a line? Absolutely. But it would be a line that nearly everyone would be in agreement with, and the line would exclude nowhere near the amount of content it does today.

ryandrake 1y ago
I'd love to see this problem solved too, but let's not do it by nerfing people's ability to charge back. Chargeback is pretty much the only tool consumers have to fight a merchant's fraud and abuse against them, and it's already an opaque, flimsy tool. Also, it only exists by the grace of Visa, MasterCard and American Express. I don't think there is any law that compels them to even allow a customer to dispute a charge (although hopefully I'm wrong about that).
resonious 1y ago
Visa/Master collect higher fees from merchants with high chargeback rates, so I'm pretty sure the CFO is still happy. I agree with the fact that they are all about money, but don't see how they lose money on adult content. This still seems very suspicious to me.
- rchaud 1y ago
  Those companies go out of business faster too so dealing with them carries more risk.
  - gs17 1y ago
    That would be a valid point, except something like Steam isn't going under anytime soon over chargebacks, and they could demand larger reserves if they're afraid of that.
- thewebguyd 1y ago
  Yeah, maybe they say its because of chargebacks as PR speak, but payment processors already cover for that with higher fees & extra risk assessment fees for businesses with a higher rate of chargebacks. If they are losing money because of a higher rate of chargebacks from adult content, then they designed their fee structure poorly.
- supertrope 1y ago
  Fee structures don't scale to infinity with chargeback risk. They cut off very high risk merchants. It's the same reason cloud providers need you to request GPUs instead of exponentially raising prices to absorb cryptocurrency fraud losses.
qball 1y ago
>the CFO whispering in the board's ear about chargebacks. Lies: these transactions don't get charged back at a higher rate.
somerandomqaguy 1y ago
Eh, possibly, but I suspect it's not just money. https://apnews.com/article/gun-violence-shootings-new-york-city-politics-4aae50c67e40f9683f604a8683acc391 https://apnews.com/article/gun-violence-shootings-new-york-c... Visa and Mastercard were getting pressure from New York officials to put firearm purchases into their own category, something that the gun control advocates say could help stop potential mass shooters by red flagging large gun purchases. The initiative was stopped by Republican politicians and other lobbyists. https://apnews.com/article/mastercard-visa-guns-second-amendment-c2f5db1f0be066458ee0041a5816736e/1000 https://apnews.com/article/mastercard-visa-guns-second-amend... Paypal IIRC also won't process payments for anything firearm related.

ryandrake 1y ago

I'd love to see this problem solved too, but let's not do it by nerfing people's ability to charge back. Chargeback is pretty much the only tool consumers have to fight a merchant's fraud and abuse against them, and it's already an opaque, flimsy tool. Also, it only exists by the grace of Visa, MasterCard and American Express. I don't think there is any law that compels them to even allow a customer to dispute a charge (although hopefully I'm wrong about that).

resonious 1y ago

Visa/Master collect higher fees from merchants with high chargeback rates, so I'm pretty sure the CFO is still happy. I agree with the fact that they are all about money, but don't see how they lose money on adult content. This still seems very suspicious to me.

rchaud 1y ago
Those companies go out of business faster too so dealing with them carries more risk.
- gs17 1y ago
  That would be a valid point, except something like Steam isn't going under anytime soon over chargebacks, and they could demand larger reserves if they're afraid of that.
thewebguyd 1y ago
Yeah, maybe they say its because of chargebacks as PR speak, but payment processors already cover for that with higher fees & extra risk assessment fees for businesses with a higher rate of chargebacks. If they are losing money because of a higher rate of chargebacks from adult content, then they designed their fee structure poorly.
supertrope 1y ago
Fee structures don't scale to infinity with chargeback risk. They cut off very high risk merchants. It's the same reason cloud providers need you to request GPUs instead of exponentially raising prices to absorb cryptocurrency fraud losses.

qball 1y ago

>the CFO whispering in the board's ear about chargebacks. Lies: these transactions don't get charged back at a higher rate.

somerandomqaguy 1y ago

Eh, possibly, but I suspect it's not just money. https://apnews.com/article/gun-violence-shootings-new-york-city-politics-4aae50c67e40f9683f604a8683acc391 https://apnews.com/article/gun-violence-shootings-new-york-c... Visa and Mastercard were getting pressure from New York officials to put firearm purchases into their own category, something that the gun control advocates say could help stop potential mass shooters by red flagging large gun purchases. The initiative was stopped by Republican politicians and other lobbyists. https://apnews.com/article/mastercard-visa-guns-second-amendment-c2f5db1f0be066458ee0041a5816736e/1000 https://apnews.com/article/mastercard-visa-guns-second-amend... Paypal IIRC also won't process payments for anything firearm related.