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Well, it used to be justified but if they are lowering their rates it's in part because they are starting to get replaced by regional wallets. Personally I thi

by kobalsky 11mo ago

Well, it used to be justified but if they are lowering their rates it's in part because they are starting to get replaced by regional wallets. Personally I think it's fantastic they are losing ground because it really rubs me the wrong way when they force their morals [1] [2]. [1] https://www.theverge.com/2021/8/19/22632797/onlyfans-prohibit-sexually-explicit-content-porn-creators https://www.theverge.com/2021/8/19/22632797/onlyfans-prohibi... [2] https://www.theguardian.com/world/2025/jul/29/mastercard-visa-backlash-adult-games-removed-online-stores-steam-itchio-ntwnfb https://www.theguardian.com/world/2025/jul/29/mastercard-vis...

lotsofpulp 11mo ago
In the US, they are getting replaced by ACH. The seller gets to receive payment at near zero cost, with no chargeback risk. A 3% credit card surcharge is enough to make me switch my insurance/mobile network/home internet/utility/property tax transactions to ACH to avoid losing money on a credit card transaction that I am never going to need to chargeback.
- barbazoo 11mo ago
  Careful with utilities etc there were stories here of people being charged outrageous amounts for their electricity use iirc (Texas?). I’d be hesitant to give them my bank account info, it could take years for that to get settled.
  - bob1029 11mo ago
    > outrageous amounts Apologies for the tangent, but variable rates are good. For everyone. For the grid. For the environment. I wish we could stop framing it as consumer extortion and start looking into educational solutions. $9/kWh was bad but it literally could not get worse due to the market rules. I don't know anyone who was using Griddy who was not aware of this possibility. I had to pay ~$1200 that month for usage and I still came out way ahead of anyone who was using fixed rate plans for the year. This last part is probably the actual reason they made variable rate electricity plans illegal for consumers in Texas.
    - barbazoo 11mo ago
      In BC I’m on a progressive 2 tier system. After x kWh the price goes up. But that’s based on use. I think that’s fair, otherwise it favors the rich.
blasphemers 11mo ago
Except the networks are not forcing their morals onto anyone, they are not payment processors.

lotsofpulp 11mo ago

In the US, they are getting replaced by ACH. The seller gets to receive payment at near zero cost, with no chargeback risk. A 3% credit card surcharge is enough to make me switch my insurance/mobile network/home internet/utility/property tax transactions to ACH to avoid losing money on a credit card transaction that I am never going to need to chargeback.

barbazoo 11mo ago
Careful with utilities etc there were stories here of people being charged outrageous amounts for their electricity use iirc (Texas?). I’d be hesitant to give them my bank account info, it could take years for that to get settled.
- bob1029 11mo ago
  > outrageous amounts Apologies for the tangent, but variable rates are good. For everyone. For the grid. For the environment. I wish we could stop framing it as consumer extortion and start looking into educational solutions. $9/kWh was bad but it literally could not get worse due to the market rules. I don't know anyone who was using Griddy who was not aware of this possibility. I had to pay ~$1200 that month for usage and I still came out way ahead of anyone who was using fixed rate plans for the year. This last part is probably the actual reason they made variable rate electricity plans illegal for consumers in Texas.
  - barbazoo 11mo ago
    In BC I’m on a progressive 2 tier system. After x kWh the price goes up. But that’s based on use. I think that’s fair, otherwise it favors the rich.

blasphemers 11mo ago

Except the networks are not forcing their morals onto anyone, they are not payment processors.