Earlier quoted context omitted.
> I want to use it to buy things from people I trust who don't trust me 1. That makes you sound actually crazy. 2. I didn't say you could get a credit card that doesn't allow chargebacks, I said the regulations don't prohibit payment mechanisms without chargebacks. See for example cashiers cheques and bank transfers. There's a reason people avoid them, and a reason popular payment methods support them. The fact is th…
> That makes you sound actually crazy. I don't see why this is so difficult to understand. You have a merchant with a sterling reputation. I'm a customer. They don't know me from Adam, but they know that a lot of their customers are unreliable. Suppose the product is bespoke or controversial, so they have a lot of problems with people placing an order and then backing out and refusing to pay after the work is already…
For your contrived example, a bank transfer would work just fine, and can be done online in seconds. Good luck if the 'trusted' merchant decides to cash in their 'trusted' reputation by taking a lot of people's cash and skipping town, or if their business just plain goes under before you can get your items, though.
> In other words, things that are de facto prohibited through inconvenience or risk.
This is not the same as prohibited.
> And disclosing your bank routing number would allow the merchant to withdraw more than agree
Why would you be exposing anything? Sending a bank transfer doesn't allow anyone to withdraw anything. A cashiers cheque even less so - it comes from the bank, not your account.