/guides/introduction-to-risk-management
Guides Platforms While there is no way to completely eliminate payments and account risk, this guide covers ways you can assess and manage your exposure, and helps you make an informed decision about the best path forwar
When software platforms add payments facilitation to their offerings, they face three unique and complex types of risk due to their three-party business model (consisting of the platform, the sellers or service providers
Most sellers regularly have credit exposure (in the form of chargebacks and refunds that they have to cover), but have the cash flow to cover them accordingly. This becomes risky to you when your sellers have fewer sales
At the most basic level, a payment is considered fraudulent when the cardholder does not authorize the charge. This could be a result of stolen cards or card testing attacks. A common example is when a fraudster makes a
You could personally confirm the legitimacy of every seller using your platform and still be susceptible to payments fraud in the form of account takeovers. While malicious third parties will always exist on the internet
Platforms using Stripe have two options when managing risk: 1) you can have Stripe help manage payments risk for you or 2) you can take on risk management yourself. The most popular approach is to have Stripe help manage
