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0 pointsmrweasel7y ago0 comments

I don't think I understand the issue with using 3D Secure, or Verified by VISA. It's something customers are already accustom when shopping online. You're buying a high risk item, from the perspective of the sell, similarly to downloadable content, or high price electronics. Solution like 3D Secure seems ideal in this case.

Companies like Stripe could easily say: Yes, we do accept payments for adult sites, but 3D Secure will be enabled on all purchases. I don't think that would scare of more customer than bouncing them between multiple payment provides and seeing the their payment reject multiple times.

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bena7y ago

The problem is the customer on that side. The adult entertainment industry would love to use standard billing methods.

But what happens is that the customer invariably screams "I was hacked" when the line item comes on the bill. Then the chargeback happens anyway. Sure, the merchant isn't held financially liable for it, but they are still noted as having that chargeback. And they'll still hit that high percentage of "fraudulent charges".

And that's the real problem. Nobody will touch them because it costs too much to do so.

mrweaselOP7y ago

That a rather valid point. In theory the card companies would turn around an say: "No, you where not hacked. 3D Secure is completely safe", but do they really want to bother with that kind of publicity? Most likely not.

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