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The Podcast of the Lotus Eaters: "I, For One, Welcome Our PayPal Overlords"

Krunoslav 9 Oct 12
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Use Bongino's Parallel Economy for payment processing. At the moment it only works for supporting web sites. But hopefully Dan will up the functionality to allow accounts for users and allow it to be used for peer-to-peer payments.

I have just checked Parallel Economy FAQs, [paralleleconomy.com]

And its mighty confusing. It also does not address many FAQ I would have. From what countries is it available. What is the list of banks that support it. What currency? etc.

What shopping cart systems do you support?

The Parallel Economy has partnerships with well over 250 different Gateways to support a variety of shopping carts. Some of these Gateways include, are not limited to: BigCommerce, Shopify, Woocommerce, Authorize.net, Magento, 3D Cart, and Volusion. The Parallel Economy also has partnerships with major retail, hospitality, restaurant, sporting goods, and manufacturing Point of Sale companies.

But I see not links or references to any of it. Looks like amateur hour. It does not seems to be available for individuals, only registered business, and it probably means only in the USA.

For example, there is no mention of what countries are available, which suggest typical American centric way of thinking. Not everyone lives in the USA and it would be nice to have that clearly listed. The website does not.

Also there is a lot of sloppy and fishy stuff that I found here:

[paralleleconomies.com]

@Krunoslav It is only about eight months old and just out of beta.

1

There's an opening for Moscow to make a ruble by offering a free speech payment app. They could call it "PayPutin."

sqeptiq Level 10 Oct 12, 2022

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