[bisq-network/bisq] Add new payment method: Australian PayID (#4078)

[Luis Aranguren]

> Thanks for your PR and for using the Japan bank transfer as a template. I haven't looked at the code yet, but my initial thoughts are mostly about this claim:
> 
> > Bank transfers are not reversible or chargeback-able
> 
> Later in the PR you have:
> 
> > Transfers could be made from a stolen/hacked account. The owner of the account would have to notify their bank and follow their bank's procedures for this situation. According to the code, the bank must endeavour to return your money to you as long as you notify them within 10 days.
> 
> These statements seem to completely contradict each other. In any case, citation needed for the "not reversible" claim, as it's the most important thing used to evaluate the risk of the payment method.

As per [this](https://www.consumer.vic.gov.au/products-and-services/refunds-repairs-and-returns/chargeback) a chargeback is a mechanism used by financial institutions to revert transactions made with credit and debit cards. Since PayID is effectively a bank transfer, the term and procedure doesn't apply.

What can de done is a dispute. Just like a bank transfer there are [policies in place](https://payid.com.au/ufaqs/i-think-i-have-made-a-payment-to-a-payid-that-has-been-used-for-fraudulent-purposes-who-do-i-tell/), that [slightly change from bank to bank](https://www.borderbank.com.au/important-information/new-payments-platform-osko-and-payid-terms-and-conditions/), to report and open disputes. This will include submitting information to the sending bank, then sending bank contacting the receiving bank which will launch it's own investigation. This process is not automated and usually takes several weeks. Receiving bank and/or recepient has to agree to [return the funds](https://www.anz.com.au/ways-to-bank/more/pay-id/faqs/#).

Effectively, PayID transfers are similar in risk as bank transfers.

-- 
You are receiving this because you are subscribed to this thread.
Reply to this email directly or view it on GitHub:
https://github.com/bisq-network/bisq/pull/4078#issuecomment-716577461
-------------- next part --------------
An HTML attachment was scrubbed...
URL: <http://lists.bisq.network/pipermail/bisq-github/attachments/20201026/aa5fa445/attachment.html>