[bitreality]

I have some competitors in the UK who told me that if a single customer pays you from a frauded bank account, your entire bank account is closed permanently, and they investigate with the police.

They also assume you are involved in the illegal activity and you have to interview at the bank. All this for what can amount to a 20-50 GBP payment, and even if it represents <1% of your transfer volume.

If bank payments are going to become prevalent in e-commerce, this type of primitive reaction to fraud will need to improve drastically.