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> The issue is that the credit card system is broken in what way, is it the fees?
by andrekandre 4y ago
> The issue is that the credit card system is broken
in what way, is it the fees?
- slaymaker1907 4y agoFor me, it's the extra security and convenience. If the website doesn't use Shopify/PayPal, I'm trusting them with my credit card information and who knows how good their database security is.
- ashk811 4y agoA website will hardly roll their own payment processing tho. often,they dont store your cards, a third-party trustworthy processor like Stripe does.
- marcosdumay 4y ago> trustworthy processor Trustworthy to whom? The customer doesn't even know who your card processor is.
- marcosdumay 4y agoIt's the total lack of security. With the automatic consequence that all kinds security theater get imposed, stripping people of all kinds of rights, and solving none of the problems. As a customer, I don't see the fees. But yes, by an eagle-eyes view the amount of inefficiency on the system is a problem too, as is the oligopolization. But those don't get in my mind when I make that kind of choice.
- TheNewsIsHere 4y ago> It's the total lack of security. With the automatic consequence that all kinds security theater get imposed, stripping people of all kinds of rights, and solving none of the problems. Not that I’m claiming that credit cards are a bastion of security, but could you be more specific? What rights are you giving up? What inefficiencies do you see?