Re:People don't want to run their own bank
by rvz on Saturday February 05, 2022 @12:21AM
(#30217864)
> You realise that's a bad thing, right?
I'm sure you also realise that chargebacks can be abused by these users right?
The merchants can get their (PayPal, Stripe, etc) accounts locked or shutdown and their money withheld for months due to the payment processors locking the money and they always side with the bank, which they have zero context whether if the chargeback is fraudulent or not.
I'm sure you also realise that chargebacks can be abused by these users right?
The merchants can get their (PayPal, Stripe, etc) accounts locked or shutdown and their money withheld for months due to the payment processors locking the money and they always side with the bank, which they have zero context whether if the chargeback is fraudulent or not.