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77
Paypal freezes funds of Steam game developer who has a massive corporation tax bill due (reddit.com)
posted 300 days ago by FarOutThere 300 days ago by FarOutThere +77 / -0
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▲ 2 ▼
– Gizortnik 2 points 300 days ago +2 / -0

What's the difference between not having them, and getting your accounts with them frozen? If you don't have them, they won't steal your money.

I understand it's difficult. I don't care. Neither should you. These people are your literal enemy and they hate you. They will steal your money if you let them, and you have no legal recourse at the moment.

Sorry, but the customers are wrong, and they need to be taught they are wrong to have a MasterCard. It sucks, but this is why this fight is the hardest of them all.

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▲ 18 ▼
– FarOutThere [S] 18 points 300 days ago +18 / -0

The customers don't have a choice. In almost all countries worldwide, bank debit cards support Visa or Mastercard, and most customers can only pay you with their bank card.

I refuse to support PayPal for my business on principle, even though it means I lose many customers who are only willing/able to pay via PayPal.

I support a range of alternative payment methods for the majority of my customers, but over 95% of all transactions are made with Visa/Mastercard enabled bank cards.

If stopped supporting Visa/Mastercard bank cards, I'd go out of business.

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▲ 3 ▼
– Gizortnik 3 points 300 days ago +3 / -0

I'm not saying don't support them. I'm saying don't use them, or disincentivize them, (price show the price of transaction with Visa & MC in the checkout), offer discounts for other methods. I understand the severity of the problem.

I specifically got a checking account with American Express for exactly the Bank Card reason. If you are an online retailer, you should offer using Crypto as well. You should still be able to take checks.

I fully understand that this makes it difficult for everyone involved, but that's the problem. The convenience is why you have a monopoly seizing your assets and shutting down your business.

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▲ 8 ▼
– horstshort 8 points 300 days ago +8 / -0

The convenience is why you have a monopoly seizing your assets and shutting down your business.

No. The convenience isn't why we have a monopoly. Nations not having control over their own monetary systems is the reason why these companies have a monopoly.

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▲ 1 ▼
– Gizortnik 1 point 300 days ago +1 / -0

Yeah, and how did they sell that?

Literally this is what MasterCard is doing in Africa: intentionally displacing national currencies with Mastercard.

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... continue reading thread?
▲ 3 ▼
– RaisingPhoenix 3 points 300 days ago +3 / -0

So, fun little fact about disincentivizing them, thats illegal. You straight up legally cannot do that in a public manner. Most countries have laws with very harsh penalties if you do so. So you'd have to do it in a roundabout way, and not in the way your example provides.

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▲ 2 ▼
– Gizortnik 2 points 300 days ago +2 / -0

I'm not aware of those. Got an example?

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... continue reading thread?

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