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Visa Could Ruin the Internet (youtu.be)

submitted 1 week ago by ratrace@lemmy.zip to c/privacy@programming.dev

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What if you woke up tomorrow and completely lost access to your bank account, credit cards, PayPal, and Venmo, all because of something you posted online?

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[–] Colloidal@programming.dev 4 points 1 week ago (1 children)

I think you're confusing Elo (just a local company) with Pix, a government created interbank payment system. And from what I know of Pix, yes, we should all definitely copy that.

[–] Auster@thebrainbin.org 1 points 1 week ago (1 children)

Elo the "bandeira" (forgot the name), similar to Visa and Mastercard. But about Pix, now that you mention it, I think PayPal does too? Although not in some countries.

[–] Zeh_oniam@lemmy.eco.br 1 points 1 week ago

Pix has no taxing whatsoever in direct transactions. The only reason people still use cards is due to habit.

Banks also offer parceling payment, but each one does that on it's own way afaik. I never used it. Not leaving payments for the future is a load of my mind tbh.