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Comment by joshmn

Just an incredibly kind PSA to everyone while we're on the subject of processing payments: Plaid's account verification does not in any significant or meaningful way prevent fraudulent transactions. Neither does Stripe.

In fact, Stripe loves the chargeback fees, and there's a whole lot of "stuff" that's waiting to be released (and I don't mean as a feature) that will kindly support this.

"Hi joshmn I'd love to hear how we can improve [but we will actually take what you say with a grain of salt because you're not in our club.]"

I might sound bitter, but I'm not; I'm simply appalled. Not because I was burned by Stripe personally. Instead, my clients have, and you probably know someone that has too.

Please for the love of your company/business/project, review transactions carefully. For most things that are just getting started, all it takes is one transaction to really screw things up. For businesses, you have ~3 lives.

Your now-friendly, former-fraudster

parent joshmn 10 years ago

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