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Didn't you miss two steps - Go to cart, Pick 'Simpl' payment method. Also - it's basically reinventing the wheel to be similar to how credit cards in the US wo

Didn't you miss two steps - Go to cart, Pick 'Simpl' payment method. Also - it's basically reinventing the wheel to be similar to how credit cards in the US work, linked to your email/phone instead of a card. (Not dissing the product, though. I do use, and prefer Simpl when it's available). But honestly, I'm still waiting for a proper payment system which behaves in a responsible manner while giving me a great deal of control and security. Using credit cards for online payments is kind of ridiculous. I literally have to take pics of both sides to skim you off. Moving liability to the banks is not an ideal solution. The Indian way of OTPs on every transaction, I agree, has too much friction. Why isn't there a oauth-like permission based system yet? Where I can authorize recurring payments of fixed/variable amounts, authorize one-time payments, etc, and manage all these merchant at one place? Today, if I have to block a company from charging me, either I go to their website, or get in a long and unfruitful call with my bank.

guitarbill 9y ago
> Moving liability to the banks is not an ideal solution. Why not? It works pretty well in many countries. Chip-and-pin credit cards work fine in practice, which is why they haven't been replaced. The only thing better is credit cards with contactless payment, which happens to be at that sweet spot where the tech benefits banks (less liability) and consumers (quicker). I'll use a credit card over some shitty app any day. > Why isn't there a oauth-like permission based system yet? Where I can authorize recurring payments of fixed/variable amounts, authorize one-time payments, etc, and manage all these merchant at one place? Erm, in many countries you can, see direct debit. Again, solved problem. If your economy or banking system is fucked, that's a different problem, and tech may not be the answer.
- ianai 9y ago
  Actually, tech may be a fine solution in such failed government situations. But, it might take actual decentralized networks to make it really usable.

guitarbill 9y ago

> Moving liability to the banks is not an ideal solution. Why not? It works pretty well in many countries. Chip-and-pin credit cards work fine in practice, which is why they haven't been replaced. The only thing better is credit cards with contactless payment, which happens to be at that sweet spot where the tech benefits banks (less liability) and consumers (quicker). I'll use a credit card over some shitty app any day. > Why isn't there a oauth-like permission based system yet? Where I can authorize recurring payments of fixed/variable amounts, authorize one-time payments, etc, and manage all these merchant at one place? Erm, in many countries you can, see direct debit. Again, solved problem. If your economy or banking system is fucked, that's a different problem, and tech may not be the answer.

ianai 9y ago
Actually, tech may be a fine solution in such failed government situations. But, it might take actual decentralized networks to make it really usable.