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None of the technical measures you mentioned are relevant with “friendly fraud”. And that’s exactly the problem that Stripe doesn’t solve. And doesn’t want to h
by gingerlime 6mo ago
None of the technical measures you mentioned are relevant with “friendly fraud”. And that’s exactly the problem that Stripe doesn’t solve. And doesn’t want to help merchants fight against.
- mrguyorama 6mo agoCertain 3DS setups would shift fraud liability to the payment network itself. That is the only payment network solution to an entity that will happily sign off on clearly false chargebacks. Then they would themselves be fighting the institution agreeing to sign off on bad chargebacks.
- gingerlime 6mo agoEven when the consumer claims that they didn’t receive the product?
- mrguyorama 6mo agoActually no, I am wrong, and duh, of course they don't take liability for "Not delivered". The protection against that is the legal system unfortunately.