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Delayed payouts are one way for businesses to minimize loss should a chargeback occur. But now that Lyft pays out instantly, they're at risk of losing the payout (> $50) + $chargeback_fee. Is the wording of the announcement code for "Stripe is shielding us from exorbitant transaction fallout costs"?

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Not necessarily - they could be self-insuring. Given their historical chargeback data, they've got a fairly good amount of information about how much money it would cost them to eat chargebacks. Lyft may suspect that they're getting their money's worth in terms of non-pay driver compensation, loyalty, and marketing.

Does the driver typically not get paid when a chargeback occurs?

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