Hey Hunters π
In 2022 I got banned from Stripe so you don't have to.
Back then, I launched my habit tracker and I woke up to 5 sales, hoorah!
But joy turned to shock: -$75 in dispute fees & my account was being closed. Fraudulent transactions spiked my dispute rate while I slept...
I fought back. But despite 5 years with Stripe and $50K+ in earnings, the decision remained the same:
"We're sorry that we can no longer offer our services to you, and we wish you the best of luck with your business."
Getting banned from Stripe means:
1. All accounts are frozen
2. Can't open new accounts
My dream became a nightmare... Luckily, I was building in public on Twitter
and complained. Someone re-investigated and un-banned my account.
Many solopreneurs weren't as lucky and got banned permanently. That's why I built ByeDispute.
It's a no-code app that monitors fraudulent activity on your Stripe account and prevents disputes automatically.
Use the code LAUNCH to get $20 off during the launch π Would love to know your thoughts!
Marc
ByeDispute seems like a valuable tool to tackle fraudulent activity and prevent chargebacks. π It's like having a vigilant security guard for your online transactions.
On a lighter note, are you training your AI to recognize the difference between a "suspicious payment" and someone who just shops way too much online during Black Friday sales? πποΈ
@malkielfalcone Love the comparison with the security guard π
If you're on a shopping spree and purchase my habit tracker 2 times, I might refund you π
@rrhoover some features are available with the Advanced Fraud Protection Stripe plan (0.4% per transaction)
ByeDispute aims to simplify it for bootstrapped makers π
Great work Marc. I love what is comming out lately from you. Seem all of your payments are going one-time payments, right? Is the startup world changing towards it?
@javi_solans I'm not closed to subscriptions but I think users don't like them (I really don't) so I avoid them at all costs.
For ByeDispute: If you pay monthly and your business is a rollercoaster, you end up paying for nothing.
So I chose a credit systemβonly pay for what you useβyou can take a break without paying
@rrmdpm Yep. It listens to Stripe webhooks and finds fraudulent patterns (a payment with a disposable email for instance)
And it runs your rules (sending yourself an email, refunding the payments) to prevent disputes.
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