Comment on: Ask HN: Startup getting spammed with PayPal disputes, what should we do?
(I worked at a different processing company, which I am not speaking for.)We're struggling to find the motive or intended outcome by the attacker(s).The highest likelihood for me is that they're doing card/credential testing. They have either stolen or purchased a large number of stolen credentials. Those credentials are worth more individually if they are known to function. They can use any business on the Internet which sells anything and would tell someone "Sorry, can't sell you that because I couldn't charge your account/card/etc. Do you have another one?" to quickly winnow their set of cr
Comment on: Stripe and Advent have made a joint offer to acquire PayPal – sources
Once you start doing frequent business through PayPal, they begin 'holding' some of your money to form a buffer against chargebacks and fraud. This doesn't happen often at the consumer level, but dominates within the small business world.
Comment on: Stripe and Advent have made a joint offer to acquire PayPal – sources
Not good. Stripe makes restrictions that PayPal allows (cannabis adjacent, adult adjacent) that Stripe blocks. Many vendors will be negatively impacted by Stripes morality police and selective application of their policies.
Comment on: Stripe and Advent have made a joint offer to acquire PayPal – sources
Stripe can be ridiculously restrictive. A few years ago at a psychiatric company that (among other things) offered therapy, TMS, and also esketamine/IV ketamine that was only offered in office, prescribed by a psychiatrist that has determined it is a medically prudent treatment, and closely monitored. They also offered some seminars during the year that other doctors could pay to attend that counts towards their CE credits per year.We wanted to use Stripe to process credit card payments from doctors who would attend our conferences. Stripe flagged our account for review because they saw "ketam