The issue I have with non-credit card purchases is who owns the fraud transactions. For that reason alone, I don’t like the idea of giving any site full banking information, especially given the sheer amount of data exfiltration that takes place on a regular basis.

Did they even have the option not to go nuclear? From the sounds of their blog post, they would have spent the proper amount of time to do what they were being “asked” (threatened) to do, if they were even given time to do so. They said their preferred decision would have been to ask every NSFW dev if they complied with the payment processors they accept, but the time they were expected to implement all that was so short that they couldn’t do that fairly.

A lot of European countries have direct bank transactions streamlined, you scan a QR code and fraud is owned by the bank.

It’s ecen more secure than cards, since you can’t get double charged by the vendor.

My country has our own government operated, fast, simple and cheap payment method so now visa and mastercard are making the US government pressure us to destroy it

We really need a push based payment system. It’s absurd someone can take money from you simply by knowing your credit card or bank numbers

Wait, where in the world does that happen?

…don’t tell me that in the US if someone has your banking details they can do literally anything they want, and just empty your account

Wait, where in the world does that happen?

…don’t tell me that in the US if someone has your banking details they can do literally anything they want, and just empty your account

What Americans tend to refer to as “fraud protection” is charge back policies, where the payment processor acts as Content Police and revert transactions if they hear the vendor was unfair to their customer (and they usually are on the side of the customer).

My EU bank won’t do that even on my credit card, because it’s insane that one would expect a financial institution to be judge, jury, and executioner in the case of a disagreement over legal services rendered.

Americans have to own up to the uncomfortable fact that dependence on these policies is what keeps the big credit cars companies in power, on top of severely driving up consumer prices (unfairly weighted towards the rich of course who get cashbacks thanks to the obscene money Visa makes on their enormous transaction fees) and being incredibly unfair to small vendors who don’t have the means to meaningfully dispute fraudulent chargebacks.

Banks can and absolutely do honor chargeback requests, though the terminology is usually different, even in the EU. But these are usually always honored (eg SDD Reversal or MOIs).

Wait, where in the world does that happen?

…don’t tell me that in the US if someone has your banking details they can do literally anything they want, and just empty your account

… Exactly why I can’t stand that platform. Instead of just leaving that trash off the platform, they’re fighting for it.

… Exactly why I can’t stand that platform. Instead of just leaving that trash off the platform, they’re fighting for it.

What Americans tend to refer to as “fraud protection” is charge back policies, where the payment processor acts as Content Police and revert transactions if they hear the vendor was unfair to their customer (and they usually are on the side of the customer).

My EU bank won’t do that even on my credit card, because it’s insane that one would expect a financial institution to be judge, jury, and executioner in the case of a disagreement over legal services rendered.

Americans have to own up to the uncomfortable fact that dependence on these policies is what keeps the big credit cars companies in power, on top of severely driving up consumer prices (unfairly weighted towards the rich of course who get cashbacks thanks to the obscene money Visa makes on their enormous transaction fees) and being incredibly unfair to small vendors who don’t have the means to meaningfully dispute fraudulent chargebacks.

Or, even worse: At the whims of the president

It would be a convenient way to bypass having to pass legislation, allowing more consolidation of power in the executive branch

… Exactly why I can’t stand that platform. Instead of just leaving that trash off the platform, they’re fighting for it.

This is the start. Mastercard and Visa will soon block you from other content like movies and music (if it’s explicit) and books.

They are at the whims of religious extremists.

Wait, where in the world does that happen?

…don’t tell me that in the US if someone has your banking details they can do literally anything they want, and just empty your account

So what do you do to set up automatic payments or buy something online where chips cannot be read? Do you get a notification to approve the transaction every time? It sounds more like you’re just ignorant as to how open these systems still are to abuse…

… Exactly why I can’t stand that platform. Instead of just leaving that trash off the platform, they’re fighting for it.