Stephan
@stephancill
it's WAY harder than it should be to accept payments online now imagine not even having access to stripe which is trusted by consumers worldwide - this is the reality that african builders face when distributing products online internet-native currency has been a long time coming and is frankly long overdue
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pxaxm
@pxaxm
have deployed paystack and spotflow for payments in Nigeria and Kenya. Not difficult.
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Stephan
@stephancill
Not a trusted consumer brand, but as far as local payment providers go it’s not bad Still way too much admin required when compared to crypto. Also fees
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Stephan
@stephancill
Bonus: i couldn’t accept EUR/USD last time i tried paystack So international customers would come to my site and see a price in ZAR and be like wtf is this
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pxaxm
@pxaxm
it's optimized for local network processing vs processing txns outside the continent. crypto also competing with localized consumer behavior as well (ussd, etc). and crypto payments don't have risk and other things factored in, which by the time these are ready for enterprise consumer use, they will be and pricing will adjust as a result.
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Stephan
@stephancill
i can accept peer to peer payments for my apps internationally without having to deal with payment processor bullshit today already even if the infrastructure is a bit raw this is infinitely more than i have been able to achieve within the traditional financial systems that i have access to in south africa
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