Hacker News new | ask | show | jobs
by antpls 2357 days ago
> With your un-named payment system, can I do a "charge back" if I order some totally legit good or service from an unknown actor in an unknown location in the event of the non-delivery or fraud?

This is a form of insurance and someone could sell this service on the un-named payment system. This business would be profitable as long as most transactions are legit, and part of the profit would be used to reimburse bad transactions.