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Novouto 27 Jul @ 2:47pm
Valve must resist Visa and Mastercard
Valve can use other payment processors, but they use Visa and Mastercard because it's the simplest.

All Valve has to do is threaten to go other payment processors or use other methods to process payments. They'd tell these other processors, "Hey, if you sign a contract with us that says you won't try and bully us to censor our platform, we'll do business with you and you'll make lots and lots of money."

Visa and Mastercard will then have to decide what they want to do. They don't want to lose out on a slice of the MASSIVE money pie that is Steam.
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BJWyler 27 Jul @ 2:52pm 
Originally posted by Novouto:
Valve can use other payment processors, but they use Visa and Mastercard because it's the simplest.

All Valve has to do is threaten to go other payment processors or use other methods to process payments. They'd tell these other processors, "Hey, if you sign a contract with us that says you won't try and bully us to censor our platform, we'll do business with you and you'll make lots and lots of money."

Visa and Mastercard will then have to decide what they want to do. They don't want to lose out on a slice of the MASSIVE money pie that is Steam.
Incorrect on all accounts, mate. That's not how things work in this particular part of the financial sector.
#1
V-Bro - The Titan's Driver 27 Jul @ 3:23pm 
You severely and ridiculously misunderstand the situation here.

The Credit Card companies do not depend on Valve - Valve depends on the Credit Card companies. Visa and Mastercard dominate the sector, they process payment on just about EVERYTHING, and Valve's business is a drop in the bucket to them.

As it stands, Visa saying no means little consequence, while Valve saying no creates an existential threat for itself.
Last edited by V-Bro - The Titan's Driver; 27 Jul @ 3:23pm
#2
Sciencemile 27 Jul @ 3:33pm 
~90% of all payment processing outside of China is through VISA and Mastercard.

Government action is the only way forward; reduce the agency from payment processors to engage in extralegal discernment. A phone company moves signals from one phone to another; it does not get to decide the subject of conversation is icky and terminate the call.

So should it be with moving money to and fro; common carrier rules.
Last edited by Sciencemile; 27 Jul @ 3:33pm
#3
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Date Posted: 27 Jul @ 2:47pm
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