> You can use your imagination to come up with many reasons these result in more chargebacks than normal purchases.

No I can't. Can you elaborate?

seanhunter 2 days ago | parent | next [-]

The canonical example is person A buys some risque item, their partner sees the credit card statement says "what is this?", so then person A denies they made the purchase (because they are embarrassed), says it must be fraud, so then it gets charged back on the credit card.

	▲	codedokode 2 days ago \| parent [-]
		They do not have SMS OTP confirmation for bank card purchases? It is much more difficult to deny anything when there is a record of delivered SMS message along with phone identifier and precise location.

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danudey 2 days ago | parent | prev [-]

User uses a credit card, either a legitimate one or a stolen one, to buy access to a site. They download all the content that their purchase gives them access to. Then they (or the card's legitimate owner) initiate a chargeback. They "lose access to" the site but they already have everything that's there for free, and they add it to their library of other stolen content.