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They do exactly this all over the world. Look at WhatsApp Pay.
by paxys 2y ago
They do exactly this all over the world. Look at WhatsApp Pay.
- simonsarris 2y agoYeah that they do it globally but not in the US (other than a kind of meagre payment transfer on FB that used to exist) makes me wonder if they were bullied, federally, into not doing so.
- paxys 2y agoA simpler explanation is that US doesn't have the banking infrastructure to support these kinds of micropayments. ACH transfers take 3-5 days and require you to link a checking account. Debit & credit card transactions have high fees. Chargebacks/fraud are a constant problem. So no payment processor wants to take on this complexity and liability.