What is ByeDispute?
ByeDispute monitors fraudulent activity to prevent chargebacks from stolen credit cards, unusual payment activity, or even spammers.
Problem
Merchants face chargebacks from stolen credit cards, unusual payment activity, or even spammers, leading to potential bans from payment processors like Stripe.
Solution
ByeDispute is a monitoring tool that safeguards against fraudulent activity by monitoring for and preventing chargebacks related to stolen credit cards, unusual payment activities, and spam.
Customers
Online merchants, e-commerce platforms, and businesses that use Stripe for payment processing.
Unique Features
Its capability to prevent disputes from escalating to the point where a merchant might face a ban from using Stripe.
User Comments
Users appreciate the proactive approach to fraud prevention.
There is relief in having an automated system to monitor transactions.
Positive feedback on user interface simplicity.
Some users wish for broader payment processor compatibility beyond Stripe.
Overall, the impression is favorable for its niche utility.
Traction
The product was recently featured on ProductHunt, indicating early stages of user adoption.
Market Size
The global fraud detection and prevention market was valued at $21.5 billion in 2021.
