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Batching small payments is not the hard part of creating a payment system that can support the entire Web. Harder parts include problems like UX (e.g. balancing
by chc 7y ago
Batching small payments is not the hard part of creating a payment system that can support the entire Web. Harder parts include problems like UX (e.g. balancing the need to make a system people will want to use against the danger of users unknowingly running up a huge bill), getting buy-in from websites (why should they use your service in particular?), and just convincing people to sign up for yet another godforsaken account on the Internet.
- JohnFen 7y agoYes, I understand. I just find it odd that nobody has done it yet, particularly as the non-web infrastructure and business logic already exists.
- chc 7y agoVarious services like that have come about (for example, LaterPay). They just didn't catch on because, again, micropayments are not the hard part.
- TACIXAT 7y agoNot to mention all the money service business non-sense which makes it nigh unapproachable unless you're a bank.