Comment on Amazon's Monopoly of the tech industry is ruining the US economy

LarmyOfLone@lemm.ee ⁨1⁩ ⁨month⁩ ago

Not just tech, all over the product spectrum. They started by selling books.

A large problem is payment system and accounts. I hate going to a new shop and create a new account, a new password, bla bla bla. I hate it. And wiring with online banking is still a pain the ass, you have to enter some password into your shitty phone keyboard and then wait for an SMS… paypal and amazon payment make shopping convenient.

So part of the problem is banks who have been sleeping on the job for decades. At least here in Europe. You finally can wire money so it arrives immediately from your bank account at a shop! (without having to waste some tax on a payment provider either). But 2 factor authentication is still a pita. Where is my online bank with easy to use FIDO2?

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