Steam can't escape the fallout from its censorship controversy

Comments

• threeonefour@piefed.ca ⁨2⁩ ⁨weeks⁩ ago

  The headline doesn't seem to match the article.

  one of PayPal’s acquiring banks decided to stop processing any Steam transactions, which cut off PayPal on Steam for a number of currencies

  As of early July, the currencies that can still use PayPal on Steam include EUR, CAD, GBP, JPY, AUD and USD.

  It seems like a bank that processes PayPal payments in minor currencies has stopped processing transactions for Steam because of the content it hosts. Shouldn't people be mad at this bank, not Steam?

  source

  • unexposedhazard@discuss.tchncs.de ⁨2⁩ ⁨weeks⁩ ago

    Steam should implement direct bank payments to decentralize the payment infrastructure. Steam is not blameless in this.

    source

    • sp3ctr4l@lemmy.dbzer0.com ⁨2⁩ ⁨weeks⁩ ago

      What you are saying is basically:

      Steam should just have immediately invented its own PayPal, its own payment processing system, that works everywhere.

      I mean… I do think this is something they could actually do, but its kind of nuts to just frame this as if they could have just flipped a switch and such a system would exist, blamo.

      No, this would be a huge undertaking, which would, as many other Valve projects and concepts, take time.

      You can’t just instantly implement what you seem to think you can. None this works that way, at all.

      source

      • -> View More Comments
    • Blaster_M@lemmy.world ⁨2⁩ ⁨weeks⁩ ago

      Not if the bank won’t sccept the deposits

      source
    • Prime@lemmy.sdf.org ⁨2⁩ ⁨weeks⁩ ago

      Wrong angle of attack. What about other companies that suffer from the payment processor? Not everyone can build their own.

      source
  • ordnance_qf_17_pounder@reddthat.com ⁨2⁩ ⁨weeks⁩ ago

    Let me just mail my money in an envelope to Valve. That would get rid of the middleman!

    source
• absquatulate@lemmy.world ⁨2⁩ ⁨weeks⁩ ago

  I see it didn’t take long for polygon to turn into a clickbait factory.

  source
• Ulrich@feddit.org ⁨2⁩ ⁨weeks⁩ ago

  I really doubt they care.

  source
• reluctant_squidd@lemmy.ca ⁨2⁩ ⁨weeks⁩ ago

  How hard would it be to do direct bank withdrawal? Like governments and taxation firms often do?

  There has to be something else relatively easy to use that customers can use to electronically pay stream without these knuckleheads in the middle.

  source

  • mlg@lemmy.world ⁨2⁩ ⁨weeks⁩ ago

    Welcome to the bank owned oligopoly lol.

    Debit cards use the same PCI DSS backend, which is owned by Visa and Mastercard, both of which were created by banks (I think BofA made Visa)

    “ePayment” systems like PayPal, Cashapp, Zelle, etc rely on the same backend, or also publicly owned by several major banks.

    Direct bank wire transfers still have a useless transfer fee for literally no reason. I think maybe echecks don’t, but they expose your full bank account numbers (for no good reason), and they’re still controlled by the bank, and they don’t offer it as a solution for rapid payments.

    Bitcoin technically solved this problem except the supply system wasn’t designed for stability, so the value is way too volatile. Even though there are better crypto currencies that have solved this problem like XRP, the blockchain hype train crashed so a ton of vendors don’t accept crypto anymore even though they used to.

    This entire system is nothing but a highly organized and legalized fraudulent scam to ensure banks can rip off vendors and consumers with transaction fees and debt.

    The only thing that bypasses this system at the moment is using physical cash, which doesn’t work online.

    source

    • Katana314@lemmy.world ⁨2⁩ ⁨weeks⁩ ago

      FedNow is an option within the USA that uses a government-provided system to cheaply transfer money, and a number of banks have signed on. It’s not in use because it’s not as universally available yet.

      source
  • weissbinder@feddit.org ⁨2⁩ ⁨weeks⁩ ago

    Even Amazon does this, since decades

    source
  • EncryptKeeper@lemmy.world ⁨2⁩ ⁨weeks⁩ ago

    I mean, besides personal checks or money orders? Crypto. About the only thing Crypto is good for really.

    source