Seems to work fine in the Netherlands. If you pay through the most common platform (iDeal.nl) or do an ordinary wire/SEPA transfer, the bank can't simply do a chargeback. The money is gone, but consumers are not generally afraid to buy things online using these methods.
I'm not saying that "chargebacks fundamentally impossible" is a good thing. All I'm saying is that it seems to work in my country despite such a system, so it may (I don't know, just mentioning it as a data point / an option) be an acceptable trade-off because I hear from Factorio and others that credit card fraud and chargebacks are a real problem.
No fraud protection is a complete consumer non-starter.