Payment processors: “I deal with the god damn customers so the engineers banks don’t have to. I have people skills; I am good at dealing with people. Can’t you understand that? What the hell is wrong with you people?”
Comment on First they came for steam, then they came for itch.io .
JackbyDev@programming.dev 10 months agoI worked a little bit for a company that worked with payment processor networks. This is my understanding (and don’t view this as a defense of them, I don’t necessarily think they’re good). There are a ton of banks. Every bank having their own POS machines would be difficult. Imagine going to one that doesn’t support your bank. So payment processors sort of provide that bridge so devices only need to know how to talk to one (or a handful) of networks and the same for the banks.
bamboo@lemmy.blahaj.zone 10 months ago
Rekorse@sh.itjust.works 10 months ago
Maybe there needs to be more competition in the payment processing space.
ShaggySnacks@lemmy.myserv.one 10 months ago
We can’t have competition, that’s bad for business.
g0d0fm15ch13f@lemmy.world 10 months ago
And so the point arises, what do these companies provide that standardization doesn’t?
jpeps@lemmy.world 10 months ago
There is this (slow moving, far off) EU project that hopes to bring a new standard. It doesn’t read like they’ve got a complete solution at all, but the principles are comforting at least!
www.ecb.europa.eu/euro/…/index.en.html
JackbyDev@programming.dev 10 months ago
There are standards already for the format of some of the messages. These options being subpar is how we got things like PayPal originally, so who knows.
assembly@lemmy.world 10 months ago
The excessive fees.