4 ms·

these are the things that will set stripe apart from the incumbents

• danielweber 12y ago
  How do you think Visa does fraud detection?
  • eps 12y ago
    Visa is on the receiving end of chargeback fees, they have no interest in fraud detection. For example, it's still not possible to report clearly compromised cards to the issuing bank, Visa has no provisions for that. Pretty much tells you all you want to know about their stance on the card fraud.
    • angryasian 12y ago
      I would not say they have no interest I would say these are two different cases. If I'm out and about and my card gets declined , I'm going to be extremely upset. At home on a computer if it gets declined .. eh I use another one. Also I think its up to the issuing bank as well. I know if I'm going out of the country I have to notify the issuing bank of the credit card I intend on using.
  • superuser2 12y ago
    Flagging literally every transaction outside your home city? That's what it seems like, at least.
  • randall 12y ago
    Incumbents being authorize.net and other payment processors, not the card folk.