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No, I do not. However, I've heard (too) many stories like "our payments/ads/infra vendor banned us out of the blue for suspicion/politics/obscure-AI-decision"
by noogle 5y ago
No, I do not.
However, I've heard (too) many stories like "our payments/ads/infra vendor banned us out of the blue for suspicion/politics/obscure-AI-decision" to ignore this. It could be fine for a start-up that is inherently risky, intended to fail early and risks Other-People's-Money (TM), but not always.
- thayne 5y agoUnless your business deals exclusively in cash and/or cryptocurrency, I don't think you can really avoid that. Even if you are dealing with a credit card company directly, that company could ban you out of the blue for suspician/politics/obscure-AI-decision.
- noogle 5y agoUsing Stripe etc. adds another point of failure. But yes, the fact that essentially all payments are bottlenecked through two vendors with no legal supervision is quite troubling. Maybe we should form a co-operative of payment recipients? It doesn't need to operate anything, but rather be a "suicide pact" that will extoll a high price from payment processors if they try to unfairly ban a business. Some sort of a smart contract could guarantee fair enforcement.