3 ms·
Surely you want any company that offers a prepaid credit card to be regulated, so that you can be extremely sure they won't just take your money and run. And w
by NoahZuniga 1y ago
Surely you want any company that offers a prepaid credit card to be regulated, so that you can be extremely sure they won't just take your money and run.
And what really is the difference between a prepaid credit card and prepaid credits you can use at a large selection of tech companies. (Legally there is no distinction)
- freakynit 1y agoThe problem is the constant charge part that comes along with the percentage part of commissions that payment processors companies takes. Spending 100$ in 1 dollar each transactions mean I end up spending extra 30$, on top of the percentage charges. A system based on tokens only takes the percentage part(as expected), but the constant part is added just once. It opens up per-request charging model, across service providers. This benefits both: the consumers for obvious reasons, and sellers since now customers don't have to "commit" to subscription or a large charge for a servive they may or may not use or continue.
- NoahZuniga 1y agoI don't really see the connection between my comment and your reply. Constant charges aren't necessary for regulatory reasons?
- freakynit 1y agoMisread your question. Apologies.