It’s the ultimate two sided marketplace and super hard to bootstrap.
But if you find a way to debit peoples bank account with 0 fees and 0 default risk and <5s latency, I believe you could potentially establish a reasonable super-low-fee payment provider and have a clear value proposition for merchants.
The problem is: Getting merchants and customers on board.
I’m personally super interested in this topic. If anyone what’s to chat about this: [email protected]
But if you find a way to debit peoples bank account with 0 fees and 0 default risk and <5s latency, I believe you could potentially establish a reasonable super-low-fee payment provider and have a clear value proposition for merchants.
The problem is: Getting merchants and customers on board.
I’m personally super interested in this topic. If anyone what’s to chat about this: [email protected]