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A comment on Stripe raises $600M at nearly $36B valuation. Parent comment

Re:Stripe raises $600M at nearly $36B valuation by Cu3PO42 on Thursday April 16, 2020 @04:25PM (#22893152)
Regarding points 2) and 3), I wasn't aware of those limitations. I admit to never having tried to use SEPA direct debit with Stripe, I just saw it in their docs.

Regarding 1): is it? Credit card payments can also be charged back, often for a period longer than 8 weeks. And both "aaS" products as well as certain retailers selling and shipping physical goods, do offer direct debit. I can't quote any fraud rates, but it certainly seems possible to do it.

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Re:Stripe raises $600M at nearly $36B valuation by plantain on Thursday April 16, 2020 @04:37PM (#22893288)
Credit card payments have an appeals/dispute resolution process.

SEPA doesn't. You have to sue your customer if you want the money back.

https://www.williamfry.com/newsandinsights/news-article/2013...

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