Hacker News new | ask | show | jobs
by georgerobinson 4011 days ago
Is there anything that makes this sort of practice unlawful?
1 comments

Not that I know of, plus it would be extremely difficult to detect as each chargeback would appear to be coming from a completely different customer (different name, different address, different card number). I'd imagine this kind of attack would be especially stressful to SaaS businesses or subscription businesses in general.
every business actually. If credit cards represent a xx% of your business, then you would be pretty screwed to lose that. Brick and Mortar would have it worse because of lower net margins.