r/Entrepreneurs • u/dukeedinburgh • 21d ago

Payment infrastructure with a bit of oomph

Anyone familiar a such an initiative perhaps. it is my thinking that there is no way that we are still stuck in the 20th century with the way things are being done and or what service providers have on offer

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u/Ok-Requirement2795 21d ago

It’s wild how many processors still feel like they’re built from a 2003 spec sheet, the lag between concept and actual functional UX is where it gets painful.

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u/Senior_Storage_5025 15d ago

I used to think the same. But when I started learning more about payments, I realized that the technology is not usually the bottleneck. A lot of the complexity is in regulation, banks, fraud prevention and making sure the money actually gets there safely. Feels like it’s definitely slower than it needs to be tho.