4 ms·
There are two main reasons companies will block types of payments: material downside, like high chargeback risk, and reputational damage. It completely makes se
by landl0rd 1y ago
There are two main reasons companies will block types of payments: material downside, like high chargeback risk, and reputational damage. It completely makes sense that certain things should be relegated to working with pmt processors who have structures designed to manage and be compensated for that risk. We shouldn’t socialize those costs onto the processors or, via higher fees, everyone who accepts credit cards. Instead, we should expect the companies who engage in those activities to shoulder their own burdens rather than pushing that risk off to others.