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You realize Google Checkout is often lamented on HN because it doesn't operate in many European countries? It is exactly for these reasons. Much like copyright
by 18pfsmt 15y ago
You realize Google Checkout is often lamented on HN because it doesn't operate in many European countries? It is exactly for these reasons.
Much like copyright laws are abused for business protection, so are regulations. Certainly within the US it would be better to have a federal license framework in order to minimize friction.
- mattmanser 15y agoWhat, that Google doesn't have money to put up bonds or buy the necessary expertise? I don't get your point. More likely it's Yet Another Google Product They Can't Be Bothered To Finish (TM).
- 18pfsmt 15y agoIt's not about having enough money, but whether it is financially worth it. It's an ROI calculation that involves navigating several regulating bodies with what appears to be minimal payback. It certainly isn't a technical limitation.
- tptacek 15y agoIf money transfer isn't lucrative, it seems weird to blame regulations for the fact that Google isn't staying involved with it.