I agree with the sentiment, but the reason they’re looking at third party apps is to avoid the control that payment processing companies have over censorship following the whole Visa/MasterCard issue.
Because, even if you do have a fully functional credit card which is not a given in many countries, US-based CC payment processors like Stripe are equally horrible third-party companies that gobble up all the data they can get their hands on somehow.
Seriously. You cannot even start “free trials” on US-based websites without handing over everything a bad actor would need for fraud or even identity theft.
In a lot of countries you cannot just use your debit card directly on Steam like you would a credit card which includes just entering the numbers and you are good to go. Or in some cases it directs you to the credit card provider where you have to authenticate the payment.
Here in NL we have to use iDeal if we want to pay online with most banks, this requires us to 2FA the payment by scanning a code using their app. iDeal will become Wero and will become an international system since a lot of countries had something similar to the Dutch iDeal.
Being able to pay without 2FA is just risky business which is why the Dutch banks worked together (and so did the Belgium banks etc) to create a tool to make digital payments more secure. idk why it took so long to get one system for the entirety of the SEPA banking area though
Because typing in bank details every time is a pain and saving them is a big no no as many companies seem to get hacked. Trusting only 1 company with bank details limits the blast radius.
Uh…just use your credit/debit card directly within steam?
Why rely on the scummiest third party payment app that’s ever existed in the world?
I agree with the sentiment, but the reason they’re looking at third party apps is to avoid the control that payment processing companies have over censorship following the whole Visa/MasterCard issue.
I can keep buying porn games on steam with my third world country credit card. 🧐
Because, even if you do have a fully functional credit card which is not a given in many countries, US-based CC payment processors like Stripe are equally horrible third-party companies that gobble up all the data they can get their hands on somehow.
Seriously. You cannot even start “free trials” on US-based websites without handing over everything a bad actor would need for fraud or even identity theft.
In a lot of countries you cannot just use your debit card directly on Steam like you would a credit card which includes just entering the numbers and you are good to go. Or in some cases it directs you to the credit card provider where you have to authenticate the payment.
Here in NL we have to use iDeal if we want to pay online with most banks, this requires us to 2FA the payment by scanning a code using their app. iDeal will become Wero and will become an international system since a lot of countries had something similar to the Dutch iDeal.
Why is it set up that way
Being able to pay without 2FA is just risky business which is why the Dutch banks worked together (and so did the Belgium banks etc) to create a tool to make digital payments more secure. idk why it took so long to get one system for the entirety of the SEPA banking area though
Unless you have a debit card from a third world country bank and half of the time for online payment the authorization fail.
I’ve been in this situation several times and then though I don’t like it Paypal has often been the only payment option available to me.
Some people launder their money. It was the only I could send money out of the country without too many hoops to jump
Because its not really secure
Because typing in bank details every time is a pain and saving them is a big no no as many companies seem to get hacked. Trusting only 1 company with bank details limits the blast radius.
Make sure 2FA is enables on all your banking