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Stripe Chargeback Protection

(stripe.com)
341 points shedside | 1 comments | 03 Jun 19 11:19 UTC | HN request time: 0.216s | source
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eeke ◴[03 Jun 19 11:34 UTC] No.20082108[source]▶
I’m the PM on Chargeback Protection. Startups told us they don’t want to deal with the hassle and unpredictability of chargebacks; that’s why we built this. Happy to answer any questions you have.
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1. mattferderer ◴[03 Jun 19 18:30 UTC] No.20086493[source]▶
I'm curious if there is a way we could avoid the cost all together if we don't need the money deposited in our bank accounts right away?

I work for a non-profit & we had some very large donations come in online through Stripe. Someone did a typo donated $10,000. I'm sure we could set some max limit & say no donations larger than $X but it was common to have $1,000 donations. Even with a $1,000 donations the fee gets expensive.

In our case, we don't need those funds immediately. We would much rather not have access to them for a month & not have to worry about a request for the funds to be refunded.