If your competitor sells $1 eBooks using Stripe, there's an easy way to move him out of business: buy 10'000, then ask for a chargeback on each of them.
Chargebacks are expensive because it's an extremely manual process, especially representments - $15 is not outrageous. Many issuers will simply not charge back small amounts because it's not worth it. If you want to commit fraud, just buy small amounts at Starbucks on a prepaid card with no balance - they generally don't auth (to give that smooth consumer experience) and will not charge back when their forced post comes in because it's not worth it for them.
If your competitor sells $1 eBooks using Stripe, there's an easy way to move him out of business: buy 10'000, then ask for a chargeback on each of them.
There's got to be a better way to do this.