As soon as you suspect fraudulent activity, it is HIGHLY recommended that you enable this feature. It is more than worth the cost.
Chargeback protection costs 0.4% extra on top of normal stripe fees on all transactions. More info here: https://stripe.com/radar/chargeback-protectionarrow-up-right
Also, note that not all accounts are eligible to have this feature, so if you are lucky, do turn it on.
Go here: https://dashboard.stripe.com/settings/checkoutarrow-up-right
Scroll to the bottom, and click turn on (in the screenshot it is already enabled
3. Now you are protected against any chargebacks that are marked as "fraudulent"
Last updated 2 years ago