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A comment on Stripe has frozen Gab.com's account. Parent comment

Re:Stripe has frozen Gab.com's account by oliwarner on Thursday October 04, 2018 @02:06AM (#18137546)
This omgchargebacks explanation came up in a previous thread about Stripe but it's silly.

Stripe (et al) could just require higher risk categories complete AVS and 3DS to be authorised. Card companies could also manually force out-of-band verification (SMS, email, etc) you can ask but guarantee the cardholder is the card owner.

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Re:Stripe has frozen Gab.com's account by scrollaway on Thursday October 04, 2018 @02:37AM (#18137682)
That's coming pretty soon actually. The EU is bringing new rules live in 2019 which will require everyone to do that stuff.
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Re:Stripe has frozen Gab.com's account by oliwarner on Monday October 08, 2018 @04:56AM (#18165526)
I didn't know that, thanks.

Yeah that adds the requirement for two factor authentication with flexible out of band options, by September 2019.

http://europa.eu/rapid/press-release_MEMO-17-4961_en.htm

So yes, this further lessens the risk of "that wasn't me" when a significant-other checks the bank statement and sees a pile of porn purchases. That's the historical risk element of legitimate adult transactions.

Perhaps the card processing chain will relax after that.

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