Discussion Forum: Thread 313608 |
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| | Author: | CSC | Posted: | Nov 30, 2021 11:45 | Subject: | Does Stripe protect me? | Viewed: | 121 times | Topic: | Payment Methods | |
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| Hi,
I received several orders from new buyers with zero feedback who just registered.
Since several sellers had problems with this and the new buyers paying with Stripe,
I wanted to see if anyone knows if Stripe protects me from fraud.
I will ship with tracking to the address they have provided which is the same
the credit card has, so that part is taking care off. I will also give everyone
the benefit of the doubt, but wanted to make sure that I am covered as well in
case something goes wrong.
Thanks
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| | | | Author: | moesten | Posted: | Nov 30, 2021 14:09 | Subject: | Re: Does Stripe protect me? | Viewed: | 40 times | Topic: | Payment Methods | |
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| In Payment Methods, CSC writes:
| Hi,
I received several orders from new buyers with zero feedback who just registered.
Since several sellers had problems with this and the new buyers paying with Stripe,
I wanted to see if anyone knows if Stripe protects me from fraud.
I will ship with tracking to the address they have provided which is the same
the credit card has, so that part is taking care off. I will also give everyone
the benefit of the doubt, but wanted to make sure that I am covered as well in
case something goes wrong.
Thanks
|
Have been wondering the same thing. We're new to stripe and the first few
orders have just gone out. Trying to stay positive that everything will process
smoothly.
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| | | | | | Author: | CSC | Posted: | Nov 30, 2021 15:09 | Subject: | Re: Does Stripe protect me? | Viewed: | 42 times | Topic: | Payment Methods | |
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| In Payment Methods, moesten writes:
| In Payment Methods, CSC writes:
| Hi,
I received several orders from new buyers with zero feedback who just registered.
Since several sellers had problems with this and the new buyers paying with Stripe,
I wanted to see if anyone knows if Stripe protects me from fraud.
I will ship with tracking to the address they have provided which is the same
the credit card has, so that part is taking care off. I will also give everyone
the benefit of the doubt, but wanted to make sure that I am covered as well in
case something goes wrong.
Thanks
|
Have been wondering the same thing. We're new to stripe and the first few
orders have just gone out. Trying to stay positive that everything will process
smoothly.
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Stripe is not the issue. I had several sales through them. It is just two people
in short succession with zero feedback and other sellers experiencing problems
like that as well.
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| | | | Author: | eBricksOnline | Posted: | Nov 30, 2021 15:18 | Subject: | Re: Does Stripe protect me? | Viewed: | 47 times | Topic: | Payment Methods | |
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| https://www.bricklink.com/feedback.asp?u=wasadasd
Stripe offers no protection for sellers.
-K
In Payment Methods, CSC writes:
| Hi,
I received several orders from new buyers with zero feedback who just registered.
Since several sellers had problems with this and the new buyers paying with Stripe,
I wanted to see if anyone knows if Stripe protects me from fraud.
I will ship with tracking to the address they have provided which is the same
the credit card has, so that part is taking care off. I will also give everyone
the benefit of the doubt, but wanted to make sure that I am covered as well in
case something goes wrong.
Thanks
|
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| | | | | | Author: | CSC | Posted: | Nov 30, 2021 15:33 | Subject: | Re: Does Stripe protect me? | Viewed: | 44 times | Topic: | Payment Methods | |
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| In Payment Methods, eBricksOnline writes:
| https://www.bricklink.com/feedback.asp?u=wasadasd
Stripe offers no protection for sellers.
-K
In Payment Methods, CSC writes:
| Hi,
I received several orders from new buyers with zero feedback who just registered.
Since several sellers had problems with this and the new buyers paying with Stripe,
I wanted to see if anyone knows if Stripe protects me from fraud.
I will ship with tracking to the address they have provided which is the same
the credit card has, so that part is taking care off. I will also give everyone
the benefit of the doubt, but wanted to make sure that I am covered as well in
case something goes wrong.
Thanks
|
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I signed up for Radar on Stripe and that should do it as far as I understand
it.
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| | | | | | | | Author: | macebobo | Posted: | Nov 30, 2021 16:58 | Subject: | Re: Does Stripe protect me? | Viewed: | 39 times | Topic: | Payment Methods | |
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| In Payment Methods, CSC writes:
| In Payment Methods, eBricksOnline writes:
| https://www.bricklink.com/feedback.asp?u=wasadasd
Stripe offers no protection for sellers.
-K
In Payment Methods, CSC writes:
| Hi,
I received several orders from new buyers with zero feedback who just registered.
Since several sellers had problems with this and the new buyers paying with Stripe,
I wanted to see if anyone knows if Stripe protects me from fraud.
I will ship with tracking to the address they have provided which is the same
the credit card has, so that part is taking care off. I will also give everyone
the benefit of the doubt, but wanted to make sure that I am covered as well in
case something goes wrong.
Thanks
|
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I signed up for Radar on Stripe and that should do it as far as I understand
it.
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That will only allow you to adjust your Radar block rate to suit your risk tolerance,
not offer seller loss protection like PayPal does if something does manage to
get through. The scripting is complicated for a developer, I imagine it may
be more difficult for those without a background in development. I did not find
it worth it and cancelled the trial they offered.
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| | | | | | | | | | Author: | 3001Bricks | Posted: | Feb 22, 2022 21:02 | Subject: | Re: Does Stripe protect me? | Viewed: | 67 times | Topic: | Payment Methods | |
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| In Payment Methods, macebobo writes:
| In Payment Methods, CSC writes:
| In Payment Methods, eBricksOnline writes:
| https://www.bricklink.com/feedback.asp?u=wasadasd
Stripe offers no protection for sellers.
-K
In Payment Methods, CSC writes:
| Hi,
I received several orders from new buyers with zero feedback who just registered.
Since several sellers had problems with this and the new buyers paying with Stripe,
I wanted to see if anyone knows if Stripe protects me from fraud.
I will ship with tracking to the address they have provided which is the same
the credit card has, so that part is taking care off. I will also give everyone
the benefit of the doubt, but wanted to make sure that I am covered as well in
case something goes wrong.
Thanks
|
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I signed up for Radar on Stripe and that should do it as far as I understand
it.
|
That will only allow you to adjust your Radar block rate to suit your risk tolerance,
not offer seller loss protection like PayPal does if something does manage to
get through. The scripting is complicated for a developer, I imagine it may
be more difficult for those without a background in development. I did not find
it worth it and cancelled the trial they offered.
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Yeah, this doesn't do anything. I've got it on, but I still received
a random chargeback today. Annoying part is that Stripe charges me another 25
dollar on top of the 12 dollar order, which apparently is normal for a credit
card chargeback.
I'm disputing it, but I doubt it'll be successful. I assume I lost 12
dollar on parts and lost 25 dollar on fees.
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| | | | Author: | Adjour | Posted: | Nov 30, 2021 17:25 | Subject: | Re: Does Stripe protect me? | Viewed: | 48 times | Topic: | Payment Methods | |
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| In Payment Methods, CSC writes:
| Hi,
I received several orders from new buyers with zero feedback who just registered.
Since several sellers had problems with this and the new buyers paying with Stripe,
I wanted to see if anyone knows if Stripe protects me from fraud.
I will ship with tracking to the address they have provided which is the same
the credit card has, so that part is taking care off. I will also give everyone
the benefit of the doubt, but wanted to make sure that I am covered as well in
case something goes wrong.
Thanks
|
Stripe is just CC processing. Paypal and veno works more like an escrow company.
Credit card (CC) processing has no protection for sellers. Think chargebacks.
The only thing really protecting you is the average consumer doesn't know
what a chargeback is or how to do it. Honestly.
Crystal
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