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Stripe Chargeback Protection

(stripe.com)
341 points shedside | 1 comments | 03 Jun 19 11:19 UTC | HN request time: 0s | source
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Gluten ◴[03 Jun 19 14:35 UTC] No.20083495[source]▶
Used to run an online game, where lots of fraud was going on. People would buy ingame coins or whatever, move them elsewhere and then chargeback. Full protection at just 0.4% would have been a dream for me if I still operated that game.
replies(1): >>20084247 #
jliptzin ◴[03 Jun 19 15:31 UTC] No.20084247[source]▶
Stripe are not idiots, if they’re losing a significant amount of money on this offering to a specific merchant, they’re going to close your account.
replies(1): >>20084693 #
slips ◴[03 Jun 19 16:05 UTC] No.20084693[source]▶
Is that stated anywhere by Stripe or is it theoretical?
replies(1): >>20088731 #
1. ceejayoz ◴[03 Jun 19 21:02 UTC] No.20088731{3}[source]▶
> We may terminate this Agreement or close your Stripe Account at any time for any reason (including, without limitation, for any activity that may create harm or loss to the goodwill of a Payment Method) by providing you Notice.