3 ms·

When I say pay "upfront", I don't mean that the upfront cash is better for business, but that usually, the credit industry is very good at letting people buy th

When I say pay "upfront", I don't mean that the upfront cash is better for business, but that usually, the credit industry is very good at letting people buy things they can't afford. Some one who pays upfront likely can afford and might have higher lifetime value. Someone to advertise to, upsell, or whatever. Secondly, I also get it, there's only so many things a business can worry about, and supporting geographies with historically high fraud rates is not high on the list, this is why my gripe here is with CF that does not make it easier to improve this even though they know they control such a huge chunk of the web.

FredPret 3y ago
> Some one who pays upfront likely can afford and might have higher lifetime value. Someone to advertise to, upsell, or whatever. 100%. Richer people tend to be better customers. But that's another strike in favor of geoblocking non-US visitors. When I was a kid growing up in Africa, I dreamt of a world where everything was accessible and purchasable and learnable everywhere, all the time, to everyone. Hopefully the internet turns out to be an equalizing factor and we get there someday. Right now it's not really fair to expect business owners - most of whom are in non-tech businesses that require 100% focus - to keep up with the tidal wave of scams, hackers, and regulators originating from outside their sphere of concern.