It's a very good decision in my opinion and Paxful should follow them because It doesn't matter how careful you are, you could fall for these scams one way or another. I remember buying some cards from someone on Paxful, and he used to have +1000 positive reviews while only a couple negative and then, his cards were carded. I managed to do some digging to find out that he's involved in some carding forums.
I had a very similar experience, except I started with the digging and so didn't send the guy any money.
Not buying this excuse, credit card fraud happens with every commerce sector. If stores stopped accepting credit cards and only took cash because of a small percent of stolen cards they would be idiots. Its just the cost of doing business. It is something you factor into your costs. Only a small percentage of people are scammers, the bulk of your transactions will come from people with good intentions.
Things change when we're dealing with a pseudonymous currency, where it's too easy for someone to get paid for stolen stuff and disappear. This means you're attracting tons of scammers, and you're faced with a choice to either stop accepting risky payment methods, or introduce stringent KYC measures.
We should understand one thing , out of few bad stuff , most the things that happens on these platforms are really helping people in one way or the other , be it trader or vendor and one thing we should realize ,,,paxful and LBC monopoly , they suspend account ,charge high fees, keep so much bonds , lets stop this together , tell everyone about this platform.