Thread 107135795

>just make your own payment processor bro
how hard would that be?

>>107135795 (OP)
really hard because the government would basically break your kneecaps if you didn't follow their will

>>107135795 (OP)
plausible as long as you have access to enough funding. but I assume you either left something out of your question or you're confused.

you'd have to lay a network of lines across the globe or own a private satellite company and then convince banks of every country to adopt your shit, not counting attempts of established networks to discredit, cancel, or outright kill you
better luck making a time machine to go back and convince euros or the sinosphere to lay their own lines and not trust a single entity

>>107135795 (OP)
are you circumcised already?

>>107135795 (OP)
Aren't cryptoscam shitcoins basically their own payment processors

>>107135909
im just interested in how hard is it to make a payment processor in light of visas and mastercards censorship.

Very easy using crypto, hard using fiat due to bank regulations etc

>>107135929
if you are to believe the partially-jewish-owned Elon Musk, even being in the billionaires club, his electronic payment network has been hung up in a handful of states for at least 2 years now
even then, it was announced to have a "temporary" initial "partnership" with VISA

>>107135929
crypto, using Tether on Tron (USDT-TRON) and maybe Bitcoin Cash (BCH) as your currencies are your best bet

>>107135795 (OP)
Just use Monero (XMR)

1. create wallet
2. accept payments

>>107135795 (OP)
Just make a cryptocurrency.
Might as well use XMR though

It's basically just a spreadsheet and some handshakes

>>107135795 (OP)
impossible
the powers that be will just niggerlist you

>>107135947
>>107136501
>>107136747
but mainstream websites dont accept crypto. if somebody where to follow the "just make your own payment processor dude" remark to combat censorship by visa and mastercard, how hard would that be?

>>107136911
Those mainstream websites aren't going to use your chud loli payment processor

>>107135929
Imagine the seething if there was new legislation to break up visa/mastercard duopoly

>>107137077
it wouldnt be that, just a censorship free payment processor

The work and business of card networks, and to a lesser extent payment processors, is like 5% technology and 95% contracts and politicking

>>107135795 (OP)
Not hard at all, but incredibly antisemitic.

>>107137181
no amount of dancing would help trump dodge bullets if he did that

>>107138832
that's not possible in general, there are transactions that you will be legally required to not process
if you want to integrate with the regulated financial system you must become either a cop or a fraudster
there are some kinds of censorship that mainstream payment processors do on their own accord, like not allowing merchants to sell porn
some of it is political pressure from rightwing groups that payment networks pass on to processors, but some of it is just the risk
like for porn, more customers than usual will file chargebacks, more merchants than usual are involved in fraud or illegal activity, etc.
there are "censorship free" payment processors out there that will take visa and mastercard, like ccbill, but they have to charge way more to cover this

>>107137181
what duopoly? they have plenty of competition

>>107135795 (OP)
> make a new payment processor for the people
Cool it with the antisemitism

>>107142534
Like who?
Visa/MasterCard have a duopoly because they are the only ones working in the whole western world.
Which means other companies will immediately suck their dicks to prevent losing access.

>>107135795 (OP)

i guess thats ok if you make it though formal education and everyone sees it as good for business

>>107137181
payment processing is so essential for everyone's daily lives that it should be done by the government
(with a gnu taler like privacy respecting system)

We did.

>>107142738
And what can you buy with monero?
>you can't even buy a 4chan pass with monero due to retarded managers

>>107142760
A cute pot of plants, and a Mullvad account

>>107142696
amex also works basically everywhere, and where it doesn't it's mostly because they've chosen not to compete with mastercard/visa

>>107142696
also, the western world is not the world

>>107135795 (OP)
In terms of technology? Not too hard.
Satisfying legal requirements? Fairly hard.
Getting the rest of the banking world to cooperate with you? Borderline impossible.

>>107135820
>>107142957

>>107135795 (OP)
>>just make your own payment processor bro
>how hard would that be?
It's not too bad but you can just pip install the stripe API
In fact you can reimplement the webhook in like 30 lines of <insert favorite language> since that's all you actually need to process payments from them.

>>107142957
>>107135820
Just generate per transaction bitcoin address, sweep them into your cold wallet, and watch the blockchain for payments. You should be able to do this in like a couple days if you're not retarded
>but legal
You can safely ignore this.