Because it most of the world you’ll be dependent on Visa or Mastecard, US companies that have been exerting their power to effectively block payments to content they deem inappropriate, such as adult websites.
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.
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.
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
This is finally changing. Dutch banks are - after years of dilly dallying - finally replacing legacy Maestro cards with Mastercard that you can use online. Yes, you still have to go via 2fa, but at least, I don’t have to deal with iDeal anymore with risky merchants.
Every American store supports credit cards in the form of Mastercard and Visa. Dutch cards will also work the same. With the extra requirement of 2FA, but that’s handled by pretty much every payment gateway, the merchant doesn’t get involved in that.
Most Dutch cards won’t work on North American sites. Our cards have an IBAN listed which cannot be entered on American sites. Paying with just the numbers on the card is not possibile unless it is a credit card or smething like Revolut iirc, which is bascially using the unsecure cards the American way or the 2FA system you explained, but that’s not most cards.
The new cards have 16 digit numbers. I feel you are not even reading what I’m writing. You can easily find more info online about the new Mastercard based debit cards online. I know both ABN and ASN support online payments with the Mastercard versions
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?
Because it most of the world you’ll be dependent on Visa or Mastecard, US companies that have been exerting their power to effectively block payments to content they deem inappropriate, such as adult websites.
Exactly. I use PayPal so I can directly pay using my bank account instead of my credit card.
except they do the exact same thing so you are not escaping the problem with paypal
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.
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. 🧐
Third world countries sometimes tend to be more developed
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
This is finally changing. Dutch banks are - after years of dilly dallying - finally replacing legacy Maestro cards with Mastercard that you can use online. Yes, you still have to go via 2fa, but at least, I don’t have to deal with iDeal anymore with risky merchants.
You still won’t be able to pay on the majority of American sites, since they lack a proper payment platform.
Every American store supports credit cards in the form of Mastercard and Visa. Dutch cards will also work the same. With the extra requirement of 2FA, but that’s handled by pretty much every payment gateway, the merchant doesn’t get involved in that.
Most Dutch cards won’t work on North American sites. Our cards have an IBAN listed which cannot be entered on American sites. Paying with just the numbers on the card is not possibile unless it is a credit card or smething like Revolut iirc, which is bascially using the unsecure cards the American way or the 2FA system you explained, but that’s not most cards.
Dutch bank cards are now being replaced with Mastercard, unlike the old Maestro ones, they also have 16 digit numbers that can be used online.
Yeah they are, but they will not be able to pay online with just the code since they have the IBAN listed and not the 16 digit code.
The new system is better anyway, why do we need to go back in time?
The new cards have 16 digit numbers. I feel you are not even reading what I’m writing. You can easily find more info online about the new Mastercard based debit cards online. I know both ABN and ASN support online payments with the Mastercard versions
Some people launder their money. It was the only I could send money out of the country without too many hoops to jump
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.
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