News for hackers. Stuff that matters.
Re:Epic Games to Pay $245M for Tricking Users into Making Un... by akhosravian on Wednesday March 15, 2023 @05:12PM (#35174788)
What’s the actual cost for chargebacks here? Presumably they are quite capable of revoking licenses to the purchased item. This is slightly hairier for in app purchases laundered through a game currency run by a third party, but still seems doable. Is there a reason the cost isn’t asymptotically close to 0 here?

In the worst case they stop allowing an account to make new purchases while keeping what they’ve bought. Is that an objectionable outcome?

Re:Epic Games to Pay $245M for Tricking Users into Making Un... by dnissley on Thursday March 16, 2023 @01:09PM (#35184914)
Chargeback fees from processors are pretty steep -- $10+ per transaction. It's not simply the cost of the refund itself. The purpose of those fees is to incentivize merchants to be honest and good to their customers, although in the case of larger players those incentives can become perverse.