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Stripe Chargeback Protection VS bunq

Compare Stripe Chargeback Protection VS bunq and see what are their differences

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Stripe Chargeback Protection logo Stripe Chargeback Protection

Defend your business from the unpredictability of disputes

bunq logo bunq

bank of the Free! Mobile banking that makes life easy.
Visit Website
  • Stripe Chargeback Protection Landing page
    Landing page //
    2023-06-21
  • bunq landing page
    landing page //
    2024-11-08
  • bunq business page
    business page //
    2024-11-08

A mobile banking solution designed to simplify personal and business finances with innovative features.

Stripe Chargeback Protection features and specs

  • Financial Security
    Chargeback Protection ensures that businesses are reimbursed for fraudulent chargebacks, which offers financial security and peace of mind.
  • Reduced Administrative Burden
    By handling the chargeback disputes, Stripe reduces the administrative burden on businesses, allowing them to focus on core activities rather than dealing with disputes.
  • Predictable Costs
    The flat fee structure for Chargeback Protection allows businesses to predict and manage costs more effectively.
  • Improved Cash Flow
    Since Stripe reimburses chargebacks quickly, businesses can maintain healthier cash flow without the disruptions caused by the uncertainty of chargeback disputes.

Possible disadvantages of Stripe Chargeback Protection

  • Additional Cost
    There is an additional fee for using Stripe Chargeback Protection, which might not be cost-effective for all businesses, especially those with low risk of chargebacks.
  • Coverage Limitations
    Chargeback Protection may not cover all transactions or types of chargebacks, and businesses need to be aware of these limitations.
  • Dependency on Stripe
    Relying on Stripe for chargeback management increases dependency on a third-party service, which may pose risks if policies change or if there are service issues.
  • Potential for Overconfidence
    Businesses might become complacent in their own fraud prevention efforts, relying too heavily on the protection service, which could expose them to other risks.

bunq features and specs

  • 100% online – no branch visits, no paperwork
    Get started from anywhere, anytime. Just download the bunq app, and you’ll never need to visit a physical branch.
  • Manage expenses effortlessly
    Create up to 25 Bank Accounts to organize your budgeting, manage salaries, set aside savings, and even handle multiple local currencies—all within seconds.
  • Earn Cashback
    Get rewarded for every payment made with your card, including employee cards—paid weekly.
  • Free Business Account for Freelancers
    A perfect no fee business bank account option to help you manage your finances efficiently.
  • Tap to Pay (receiving payments)
    Businesses can easily accept in-person, contactless payments for your business. Wherever you are, all you need to accept card payments is your bunq app and your smartphone.
  • Save time with automation
    From bookkeeping integrations and AutoVAT to quick invoice processing, bunq offers a wide range of tools that save you time, so you can get back to running your business.
  • Sky-high interest rates
    Boost your savings with 2.51% interest on EUR for personal accounts and 0.75% for business accounts — and earn even more on USD and GBP. Interest is paid out every week, so you can benefit from compound interest.
  • Teamwork made easy
    For businesses - quickly and safely share your account with co-directors and employees, so you can manage money collectively and make financial decisions together, all within the bunq app.
  • Bank like a local, wherever you are
    Open accounts with NL, DE, ES, FR & IE IBANs, and in up to 22 currencies quickly and without any hassle. You also get 6 worldwide ATM withdrawals for free every month.
  • Plant trees with your card
    As a bunq user you'll plant trees just by using your bunq card. We're planting mangroves in Kenya thanks to our partner veritree. You can also track the estimated CO2 impact of your transactions in the app!
  • Exclusive Business Card perks
    With our business accounts, get top discounts on tools and services like Google Workspace to help your business grow and succeed.

Analysis of bunq

Overall verdict

  • Bunq is generally regarded as a good option for those looking for a modern, mobile-first banking experience, especially if sustainability and innovative financial tools are important to you. However, it may not be the cheapest option as it charges a monthly fee for certain account types.

Why this product is good

  • Bunq is often praised for its innovative features which are designed to provide a modern and flexible banking experience. It offers a highly user-friendly app, multiple sub-accounts for budgeting, instant payment notifications, and the ability to plant trees with certain transactions. It's also known for its commitment to sustainability and transparency. Users who value quick, on-the-go banking often appreciate bunq's seamless interface and customizable options. Additionally, bunq supports multiple currencies and provides various tools for managing finances effectively.

Recommended for

    Bunq is recommended for tech-savvy individuals, frequent travelers, environmentally conscious users, and anyone who values digital convenience and flexibility in their banking services. It's especially useful for those who are comfortable managing their finances through a mobile app and who can benefit from features like real-time budget tracking and multiple currency support.

Stripe Chargeback Protection videos

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bunq videos

bunq Update 27

More videos:

  • Review - Bunq Review - The SUPERGREEN Bank of the Future!
  • Review - Automate your payments with bunq API

Category Popularity

0-100% (relative to Stripe Chargeback Protection and bunq)
Payments
100 100%
0% 0
Finance
0 0%
100% 100
eCommerce
100 100%
0% 0
Online Payments
0 0%
100% 100

User comments

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Social recommendations and mentions

Based on our record, Stripe Chargeback Protection should be more popular than bunq. It has been mentiond 7 times since March 2021. We are tracking product recommendations and mentions on various public social media platforms and blogs. They can help you identify which product is more popular and what people think of it.

Stripe Chargeback Protection mentions (7)

  • Anyone here use Square? Or accept in person card payments [Please Click]
    Using Stripes Advanced Fraud protection to keep you and your money safe,. Source: over 2 years ago
  • [Review][Negative] GunBrand.com
    They should use their credit card processor's fraud detection. For example, Stripe has Stripe Radar: https://stripe.com/radar. Source: almost 3 years ago
  • I’ve never and I don’t think I’ll ever win a dispute at this rate. I’m so annoyed
    Yea, unfortunately Stripe doesn’t make these decisions. Couple things you could consider: * Adding additional verification steps like Stripe Identity * Requiring 3DS, which shifts loss liability in some cases to the card issuer * Using Stripe Checkout with Chargeback Protection: https://stripe.com/radar/chargeback-protection. It costs 0.4%, but you wouldn’t need to worry about losses at all (up to a certain volume... Source: about 3 years ago
  • Scared of stripe
    You could consider looking into using Chargeback Protection, which will add to your processing fee, but will protect you from loss from chargebacks on eligible transactions (i.e., purchase made via the Checkout). You won't have to provide evidence, you won't lose the money (up to a certain amount per year); it's essentially an insurance system. And from my reading of their docs, I don't think you'd have to deal... Source: about 3 years ago
  • Chargeback lost - $7k worth or merchandise in customer hands, what can be legally done?
    I have seen companies out there that specialize in combatting chagebacks for businesses. Basically any chargeback that happens, the company takes care of disputing it. For a company like yourself that processes high dollar transactions/products/services, you may do well to seek such a company and use their service, get your own merchant account and stop using 3rd party processors. Stripe has a chargeback... Source: about 3 years ago
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bunq mentions (3)

  • NexoCard issues/rejections in Germany
    I had similar issues with bunq.com from Netherlands where their Mastercards where registered in Russia and they had to fix it and afterwards everything is fine and you can use the card without any major problems. Source: about 3 years ago
  • [FWI] More people would use those existing solutions?
    Plants trees for customers under 18 • https://bunq.com. Source: about 3 years ago
  • Is YNAB really better than just using multiple bank accounts as envelopes?
    I use Vivid here in Germany (https://vivid.money/en-de/) and before that Bunq (deemed it too expensive) (http://bunq.com), but these are both only available in Europe. Looks like One Finance could be an alternative for people in the US, if that applies to you (https://www.onefinance.com). Source: over 3 years ago

What are some alternatives?

When comparing Stripe Chargeback Protection and bunq, you can also consider the following products

DyScan - Stop fraud and process payments faster

Stripe - Online payment processing for internet businesses. Stripe is a suite of payment APIs that powers commerce for online businesses of all sizes. Use Stripe’s payment platform to accept and process payments online for easy-to-use commerce solutions.

Unstack Payments - eCommerce landing pages and membership sites

MyBank - Mobile banking system with digital passbook & bill payments

Chargeback - Ditch the manual work needed to manage disputes

BankWorld Mobile - Mobile banking software

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