Comment on Itch.io is delisting NSFW games due to pressure from payment processors
network_switch@lemmy.ml 1 day agoTo me it’s an inevitability that if the EU weans itself off Mastercard/Visa, then EU based payment processors whether credit based or something like SEPA payments for a digital EURO would be censored. The EU would be happy to handle their own business and that may just end up no different than American companies and the American government. The European right can fight against porn while fighting for independent finance infrastructure
qyron@sopuli.xyz 1 day ago
The issue with the systems being proposed and already in place in Europe is that the money flows directly between accounts. Banks don’t have a way to know what is being payed for.
And there is even another system, where blocks of payment references can be bough from a slew of independent entities (all must be registered as financial entities at central banks) and used to transfer money that way. The issuer either charges a token value for each reference, a % on the payment value or both. Money flows directly between accounts, instantly.
The all-mighty PayPal uses a third party payment reference provider for people who want to use their service but don’t want to put their card into it.