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There's a ton of other payment methods that don't go through CC processors. Wire transfers, ACH, digital checks, payment apps (which are an abstraction over these), or direct payment platforms (like Paypal).

Game retailers could get together to form their own payment company, let's call it GamerPay, which deducts purchases directly from a bank account, just like most other bills we pay. They could probably get a lot of non-gaming related companies on board if they offered lower fees and/or more transparency.

People seem to forget that banks have been transferring funds between accounts for much longer than credit cards have been around. The infrastructure exists for bypassing credit cards, they just aren't what the majority use.



Remember that in any digital transmission either your system can’t claw back funds or you are extending credit to someone.

Where you set that dial is the kind of fraud you will get.


Regulation in place, lobbied into law by the major CC processors, is designed to make the appearance of new payment processors hard to impossible.


The bnpl vendors would suggest you are wrong.




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