| ▲ | paxys 2 days ago | ||||||||||||||||
That's not the reason. Cost of chargebacks falls entirely on the merchant. Visa/MC have no reason to care. | |||||||||||||||||
| ▲ | mrsilencedogood 2 days ago | parent [-] | ||||||||||||||||
What happens if the merchant folds or disappears? Stripe (or Visa or whoever) then are the bagholder. And if someone has a ton of chargebacks, it's not uncommon they're then difficult to collect from. | |||||||||||||||||
| |||||||||||||||||