Stripe provides a suite of tools called “Radar” to help monitor and catch fraudulent charges, minimizing declined payments. These include tools that allow Stripe to auto-reject suspicious transactions and notify you of questionable charges so that you can make the most informed decision possible as to whether accept a charge. There are also tools that you can implement in your own Stripe account, including CVC or AVS checks. More information here.
Will fraudulent card charges be rejected?
Maeve is founder of PayNow, an experienced UI Designer/Developer, and a maker of internet things! In the not-so-digital world, she's an intrepid rock climber and demon trumpet player.