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Pro to memes@lemmy.world •
edit-2
17 days ago

Payment Processor

i.imgur.com

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  • cross-posted to:
  • memes@sopuli.xyz
919

Payment Processor

i.imgur.com

Pro to memes@lemmy.world •
edit-2
17 days ago
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  • cross-posted to:
  • memes@sopuli.xyz

Source.

  • @Electricd@lemmybefree.net
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    -19•17 days ago

    They’re payment networks, not payment processors

    Isn’t this misinformation?

    • @Lumidaub@feddit.org
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      11•17 days ago

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

      • @Electricd@lemmybefree.net
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        -6•17 days 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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          12•17 days ago

          And the difference that makes for me is what?

          • @Electricd@lemmybefree.net
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            -6•
            edit-2
            17 days 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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              9•17 days 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.

              • Microw
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                1•17 days 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

              • @Electricd@lemmybefree.net
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                -2•17 days 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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                  4•17 days 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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                    3•17 days 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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                  2•17 days 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•17 days ago

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

    • @satansbartender@lemmy.world
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      3•17 days 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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        0•17 days 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•17 days ago

      deleted by creator

    • @ddplf@szmer.info
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      0•17 days ago

      sure is, fraud even

      • @Electricd@lemmybefree.net
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        6•17 days ago

        What?

        • @ddplf@szmer.info
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          6•17 days ago

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

          • @Electricd@lemmybefree.net
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            0•17 days ago

            What? Again

            • snooggums
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              1•17 days ago

              Premeditated mass murder is what it is!

              • @Electricd@lemmybefree.net
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                0•17 days ago

                😍

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