Basically, we are webhosting company and accepting payments through Paypal and 2checkout currently. Due to risk of service being used for spamming,we manually review orders after payment gateway verifies payment and card owner identity. Likewise, 2checkout verifies payer's identity and history of fraud/stolen card associated with it than mark payment as verified.
We want to start accepting bitcoin but as per my initial research I am afraid with the risk of misuse of service.I know the bitcoin's main advantage is that you don't need to provide any identification which is stopping me to add it as payment gateway.
As far as i researched, blockchain verifies transactions on the basis of # number of confirmations which is correct to legitimate the payment. I believe this verifies the source of bitcion and spendability of it.
Question : are there any other aspects in blockchain's "fraud management system" which can assure merchants that payer is legit?