Well I think bottom line is that's the rub, the burden to become a payment provider is high... which it should be, but that's because we need pretty damn good regulations on them (as obviously if their security goes to crap, the consiquences are insanely high).
In addition it kind of is a small group by design because, we can't have it as a large group. If we have a nice even spread across 50 payment processors, then either everyone needs 50 credit cards, or every service that needs to be paid needs contracts with 50 payment services.
T
thefogan@programming.dev
@thefogan@programming.dev
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Steam is cracking down on porn games, to keep Payment Processors happy. -
Steam is cracking down on porn games, to keep Payment Processors happy.In a world without regulation etc... maybe. Bottom line we've given payment processors power. Bottom line we need to buy things in the digital world, unless crypto can actually be stabilized or designed in a way that doesn't require an unsustainable massive energy waste and polution to use. There either needs to be a universal good as cash payment processor that anyone can easily use... or we need to force ones that exist to transfer payments without bias.