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Pro@reddthat.com to memes@lemmy.world ·
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1 month ago

Payment Processor

i.imgur.com

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Payment Processor

i.imgur.com

Pro@reddthat.com to memes@lemmy.world ·
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1 month ago
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Source.

  • Electricd@lemmybefree.net
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    1 month ago

    They’re payment networks, not payment processors

    Isn’t this misinformation?

    • Lumidaub@feddit.org
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      1 month ago

      So… that means they do … what? Network the payments?

      • Electricd@lemmybefree.net
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        1 month ago

        They provide the digital infrastructure to have payments and money flows

        Payment processors are other companies which use payment networks to process said transactions. Then often have their own rules which are more strict than payment networks

        • Lumidaub@feddit.org
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          1 month ago

          And the difference that makes for me is what?

          • Electricd@lemmybefree.net
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            1 month ago

            That it isn’t Mastercard and Visa’s fault but the payment processors’

            Making this meme disinformation

            • Lumidaub@feddit.org
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              1 month ago

              I don’t know, every news story I read on this said “Mastercard and Visa”. I don’t see how whether they are technically considered “processors” or “networks” matters to me or the issue.

              • Electricd@lemmybefree.net
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                1 month ago

                I’ll inform myself further on the subject but it sounds weird that visa and mastercard would ban those things. You’re able to purchase pornhub subscriptions with your visa/mastercard card (which can only go through the designated network on your card), so why wouldn’t you be able to purchase other type of adult games? So far all instances I’ve seen of banning have been from payment processors. Saw a post where a network said that they accept anything that’s legal

                • Electricd@lemmybefree.net
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                  1 month ago

                  Source: https://www.pcgamer.com/games/mastercard-deflects-blame-for-nsfw-games-being-taken-down-but-valve-says-payment-processors-specifically-cited-a-mastercard-rule-about-damaging-the-brand/

                  From my opinion it clearly seems that the payment processors got scared and preventively banned those games while saying it was network rules, while the network refutes those claims.

                  • Lumidaub@feddit.org
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                    1 month ago

                    Your original post sounds like a nitpick about the term “processor”, not about who is actually responsible (which you aren’t actually certain about either). Idk, maybe elaborate next time.

                • Lumidaub@feddit.org
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                  1 month ago

                  The way it was explained to me is that porn sites are a more secure source of income which trumps every other concern.

                  • Electricd@lemmybefree.net
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                    1 month ago

                    I don’t believe many people chargeback adult games on steam and itch

              • Microw@piefed.zip
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                1 month ago

                Yeah and those stories are wrong

                Processors = Stripe, PayPal, and offline the companies that install card terminals in shops

                Networks = Mastercard, Visa

                The processors told itch and Steam to deindex those games. The processors claim that they have to do this due to contracts with the networks, but Mastercard currently denies this

    • ddplf@szmer.info
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      1 month ago

      sure is, fraud even

      • Electricd@lemmybefree.net
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        1 month ago

        What?

        • ddplf@szmer.info
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          1 month ago

          It’s not just a misinformation, it’s a straight out homicide

          • Electricd@lemmybefree.net
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            1 month ago

            What? Again

            • snooggums@lemmy.world
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              1 month ago

              Premeditated mass murder is what it is!

              • Electricd@lemmybefree.net
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                1 month ago

                😍

    • satansbartender@lemmy.world
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      1 month ago

      They’re not payment processors. Not saying they’re not at fault for anything, but the whole fucking payments industry is complicated as hell with a ton of different layers between different companies and anyone of them could’ve been the ones to cause this issue. People are just circle jerking on Visa and MC because they’re the biggest dogs in the chain

      • Electricd@lemmybefree.net
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        1 month ago

        That’s what is infuriating to me, don’t point your fingers at a random company and say they’re responsible if you don’t know

    • Passerby6497@lemmy.world
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      1 month ago

      deleted by creator

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