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"Chaos" is a pretty strong word, don't you think? Were people rioting in the supermarket?
by squigz 3y ago
"Chaos" is a pretty strong word, don't you think? Were people rioting in the supermarket?
- raverbashing 3y agoIt was probably more like 10 min of annoyance or something I don't think this was big news and I don't see this on any major news portal > people who still don't believe that decentralized blockchain networks are the future of payments. Anyone that has a modicum of experience and doesn't panic at a minor inconvenience like that? It's not like Bitcoin doesn't take multiple minutes to confirm a simple transaction
- tecleandor 3y agoIt's true it's kind of weird it isn't big news, and only has been kept as small notes in the newspapers. Seems like the main (only?) Card payment processor in Spain has stopped working, country wide, for one hour or two. That's a huge security/infrastructure problem. News notes: https://elpais.com/tecnologia/2023-11-18/problemas-con-bizum-tarjetas-y-datafonos-la-caida-de-la-plataforma-redsys-tumba-los-sistemas-de-pago-bancarios.html https://theobjective.com/economia/2023-11-18/los-sistemas-pago-comercios-madrid/ https://www.elcorreo.com/sociedad/pago-datafono-redsys-servicio-de-procesamiento-tarjeta-espana-20231118144047-nt.html
- pantulis 3y agoThe only alternative to Redsys, which is owned by Spain's main banks, is managed by Cecabank but it's not very relevant, like a 90%-10% market split here.