5 ms·

Couldn't Twilio also close and cease providing service to any accounts that initiate chargebacks?

toomuchtodo 4y ago
They could, but customers could then file complaints with the FTC and their state’s attorney general for the fraud Twilio is enabling. I strongly encourage Twilio customers to pursue this route if Twilio is charging them for fraudulent charges.
- bredren 4y ago
  These filings may add up to change at some later time, though are unlikely to provide any kind of near-term actionable remedy.
  - toomuchtodo 4y ago
    Such is America’s regulatory landscape ¯\_(ツ)_/¯
  - BonoboIO 4y ago
    If they lose the contract with their credit card company... I see people jumping out of windows at the Twilio HQ. That’s like nuclear meltdown.
    - Brystephor 4y ago
      To lose the ability to process MasterCard or Visa credit cards takes a few months. You can rack up big fines during that time though. If they get put into the probation period that would raise red flags with some execs, assuming people are communicating these things.
      - BonoboIO 4y ago
        Maybe they will get surprised, because people live by „don’t ask, don’t tell“ and when shit hits the fan everybody acts surprised.
- EGreg 4y ago
  Customers can do that anyway.
- Terretta 4y ago
  Further, the customer has the right to dispute credit card charges thanks to the agreement between customer and card provider and between card provider and merchant. Twilio will get in trouble with Visa/Mastercard if customers say Twilio is dropping them for disputes the card provider finds in the customers' favor.
  - Brystephor 4y ago
    > Twilio will get in trouble with Visa/Mastercard if customers say Twilio is dropping them for disputes the card provider finds in the customers' favor. This isn't true. Visa/Mastercard care about your chargeback rate. You can block a customer who's done a chargeback. I'm sure the card networks have rules around what you cannot do as a result of a chargeback but you can stop providing services to a customer who has done a chargeback.
    - Terretta 4y ago
      Disclosure: I engineered and delivered a high risk payment processing gateway to a firm specializing in being a cc processor of last resort, also working with merchant banks of last resort. To be clear, my views on this are not legal counsel, they are simply from having worked in this area for a decade before becoming CTO at a global bank.

They could, but customers could then file complaints with the FTC and their state’s attorney general for the fraud Twilio is enabling. I strongly encourage Twilio customers to pursue this route if Twilio is charging them for fraudulent charges.

bredren 4y ago
These filings may add up to change at some later time, though are unlikely to provide any kind of near-term actionable remedy.
- toomuchtodo 4y ago
  Such is America’s regulatory landscape ¯\_(ツ)_/¯
- BonoboIO 4y ago
  If they lose the contract with their credit card company... I see people jumping out of windows at the Twilio HQ. That’s like nuclear meltdown.
  - Brystephor 4y ago
    To lose the ability to process MasterCard or Visa credit cards takes a few months. You can rack up big fines during that time though. If they get put into the probation period that would raise red flags with some execs, assuming people are communicating these things.
    - BonoboIO 4y ago
      Maybe they will get surprised, because people live by „don’t ask, don’t tell“ and when shit hits the fan everybody acts surprised.
EGreg 4y ago
Customers can do that anyway.
Terretta 4y ago
Further, the customer has the right to dispute credit card charges thanks to the agreement between customer and card provider and between card provider and merchant. Twilio will get in trouble with Visa/Mastercard if customers say Twilio is dropping them for disputes the card provider finds in the customers' favor.
- Brystephor 4y ago
  > Twilio will get in trouble with Visa/Mastercard if customers say Twilio is dropping them for disputes the card provider finds in the customers' favor. This isn't true. Visa/Mastercard care about your chargeback rate. You can block a customer who's done a chargeback. I'm sure the card networks have rules around what you cannot do as a result of a chargeback but you can stop providing services to a customer who has done a chargeback.
  - Terretta 4y ago
    Disclosure: I engineered and delivered a high risk payment processing gateway to a firm specializing in being a cc processor of last resort, also working with merchant banks of last resort. To be clear, my views on this are not legal counsel, they are simply from having worked in this area for a decade before becoming CTO at a global bank.