[seanhunter]

At the moment I use paypal when my bank rejects a credit card transaction due to fraud risk. For example this happened yesterday when I tried to make a payment to a (very reputable) educational institution for an application fee. This is by no means a high risk transaction. In fact I would go so far as to say the payment could never in a million, billion, Brazillian years be fraud, but it was rejected.

But they take paypal also, so no bother. Do the transaction on paypal.

This kind of thing happens maybe once every couple of months for me, and is why I keep paypal around.

Edit to add: I think some UK banks are much more trigger-happy than the global average when it comes to flagging transactions as possible fraud. I once had to pay my tax bill (to the UK government) by paypal because the debit card transaction was declined.

[zimpenfish]

> I think some UK banks are much more trigger-happy than the global average

For a good year, Barclays would ask me if my monthly Oyster purchase, for the same cost, at the same station, on roughly the same day of the month, was actually me doing it. Natwest, similarly, have blocked my "early September, about £1200, to Apple" payment for 5 years in a row now. It's infuriating.

[seanhunter]

Yeah. It's completely nuts. Especially when you consider how little of the actual fraud they seem to manage to stop. It's like someone needs to go in there and give them a stats 101 talk about type I and type II errors, because they somehow manage to defy all the rules of logic and have extremely high rates of both.

[fmajid]

The real travesty is that the credit card companies have had over 25 years to standardize a secure payment system and get it into browsers, yet have still failed to do so which is why we have fraud detection heuristics and their associated false positives. SET was launched in 1996, for crying out loud:

https://en.wikipedia.org/wiki/Secure_Electronic_Transaction

[martin8412]

Your own link mentions the technology(3D secure), but all cards issued in the EU have mandatory 2FA for online payments in the form of 3D Secure. I usually have to verify in an app. This results in very little fraud.

Additionally there's the Payment Requests API from W3C which is compatible with Apple Pay and Google Pay.

[tamimio]

>rejects a credit card transaction due to fraud risk

This actually happened to me yesterday, thing is, the merchant doesn’t use paypal or anything except card, so kind of suck it up :/

[martin8412]

I've had payments rejected when Revolut thought the payment was fraudulent, but I just get a notification in the app asking if it was me. If I click yes, I just do the payment again and it goes through.

Had it happen recently in the US when paying for a hotel room. They immediately froze the card when it was swiped through the machine by hotel staff. Clicked yes in the app, and it went through.