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Yeah 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, fe
by simonsarris 2y ago
Yeah 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.