S.401 - Fair Access to Banking Act

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God of Nothing said:
Elaborate.
I and I'm sure a lot of other people are curious
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WeChat app is central to just about everything in a person's life. Anything relating to your private and social life, finances, and government services. The WeChat is one app with miniapps in it (think Weibo, Facebook, random popular app here). Those miniapps must be allowed by the CCP and those miniapps must run within the WeChat app/ecosystem with a compatible phone (foreign devices are bricks). Any apps that go against the CCP and its interests are automatically denied, but I think if the apps are 'cleaned up' to their standard they'll allow it, couldn't tell you how often that is if it ever happens.

WeChat is regularly gathering metadata, e.g. location, your contacts, your device diagnostic info, and how you use your device in general, 24/7 surveillance. Any suspicious behavior of any kind would be brought to their attention regardless of the app you use because the entire device is being monitored. Offline and online actions are monitored and connected to your digital ID and their social credit system. Your access to financial services or specific apps can be immediately blocked or terminated if you upset the party in some way, or worse you can unknowingly pop something relatively innocuous into a search engine that will get you a visit from the police. You are destitute without the app if you were to travel there and not have a CCP approved phone so you can actually get around and pay for things. I'm sure there's someone out there with better knowledge on the topic, sorry I can't answer any in-depth questions.

Edit: Two more I forgot. Anyone who is messaging someone internationally will end up having both chatters logs in the hands of the CCP, and there is active censorship of what things you are allowed to type, there are key words that will autocorrect and it's not a 'setting' that can be changed.
 
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She won btw.

sono chi no sadame said:
WeChat app is central to just about everything in a person's life. Anything relating to your private and social life, finances, and government services. The WeChat is one app with miniapps in it (think Weibo, Facebook, random popular app here). Those miniapps must be allowed by the CCP and those miniapps must run within the WeChat app/ecosystem with a compatible phone (foreign devices are bricks). Any apps that go against the CCP and its interests are automatically denied, but I think if the apps are 'cleaned up' to their standard they'll allow it, couldn't tell you how often that is if it ever happens.

WeChat is regularly gathering metadata, e.g. location, your contacts, your device diagnostic info, and how you use your device in general, 24/7 surveillance. Any suspicious behavior of any kind would be brought to their attention regardless of the app you use because the entire device is being monitored. Offline and online actions are monitored and connected to your digital ID and their social credit system. Your access to financial services or specific apps can be immediately blocked or terminated if you upset the party in some way, or worse you can unknowingly pop something relatively innocuous into a search engine that will get you a visit from the police. You are destitute without the app if you were to travel there and not have a CCP approved phone so you can actually get around and pay for things. I'm sure there's someone out there with better knowledge on the topic, sorry I can't answer any in-depth questions.
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And all of this is coming to your country in less than a decade. Have fun!

browserbowser said:
The phrase/word 'demoralization' is becoming to the right what accusations of fascism are from the left.
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For people who value "inconvenient truths," they sure don't like being shown inconvenient truths.
 
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Null mentioned that it is illegal (against contractual terms at least) for businesses to add card fees to purchase totals. This isn't true in at least some areas. I just noticed that businesses around me started adding % fees for card users. Is this a stare by state thing or maybe by industry?
 
I remember an imageboard pasta about how women can't be raped and only men can be raped.
This whole situation is reminding me of that... hold on.

EDIT:
Found it!
"I don't see what the big deal is about rape. It's just a dick in your hole for a few minutes. It's nowhere near as bad as murder, cancer, or getting flirty eyes from a fat chick. And really, women can't be raped since the vagina is designed to accommodate cock. Only men can be raped. If a woman is violated anally against her will, she's just experiencing male rape, which is an excellent learning experience for her, to discover the struggles that men go through.

For women, rape isn't a big deal. It's just typical female exaggeration to get attention. They all fantasize about rape so they actually enjoy it. They just want to trade in their "victim" status for clothing and jewelry and don't want to give sex away for free. Really, the only punishment for rape should be to pay the equivalent of the going rate for whatever sex act was performed with a local prostitute of equivalent attractiveness. Since it's the same punishment, why would anyone rape a Feminist instead of a beautiful woman?

Those fat ugly feminists that scream the loudest that "no means NO," are actually hoping to limit the amount of sex the genetically gifted attractive women get. And, in so doing, hoping that some hapless male starving for sex will find himself scraping the very, very bottom of the barrel where the fat and ugly feminist will finally have the chance to scream, "YES, FUCK ME HARD."

Hey fat ugly feminists, it isn't going to work. You only really have one option. Lose the weight, learn how to use make up, and get an overhaul of your personality. In some cases you may need extensive plastic surgery to have any hope of getting my cock rammed into your ass. In some extreme cases, it is entirely hopeless and you should just give up. If you are this last case, try having sex with animals if you find you can approach them without scaring them away."
 
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MosBodacious said:
Null mentioned that it is illegal (against contractual terms at least) for businesses to add card fees to purchase totals. This isn't true in at least some areas. I just noticed that businesses around me started adding % fees for card users. Is this a stare by state thing or maybe by industry?
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I've seen it before in many places, but not prevalent. I know a lot of independent shopkeeps will charge like .50 on transactions under $5. So major store names associated with gas stations won't do it, but the jeets and arabs will.
 
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DavidS877 said:
This has nothing to do with the transaction fee though, it gets clawed back from the merchant. Also there's no reason for it to be a percentage, heck, with everything automated it might cost, maybe $0.01 per transaction(Ok, I was a little optimistic).

VISA's operating expenses for FY 2024 were $12 billion on 233 billion transactions. For about $0.05 per transaction actual cost. Yea, they're raping the fuck out of people.
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It does because the fees are what’s paying for it. Visa doesn’t investigate the dispute. The bank does. That takes actual work, even if it’s trivial. And disputes aren’t always trivial.

The merchant fee doesn’t entirely go to Visa either. That’s a misunderstanding of how the market works. Gateways set the fee and then they pay Visa/Mastercard a cut. Amex and Discover are their own banks, so they get the full fee for themselves.
 
WelperHelper99 said:
It’s what happened with Occupy Wall Street. Ignore the fucking Hole. The payment processors are the enemy. Clear your mind of everything else.
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Example is better than precept. Almost every response to Lidl’s 1st comment ITT was more derailing than anything she said. The reason is because despite how anyone feels about what she said, she has a point. It shouldn’t be the focus of this conversation, as you demonstrate awareness of.
Mound Dweller said:
The gendersperg cares most above all about gendersperging, who knew?
You can't fault them for it really, it's just what they care about, much like how OP cares most about lining up PP CEO's behind a wall outside of Minecraft (legally).
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There’s always two sides to the gendersperging. The most repetitive part is when one side tries to win :null: ‘s approval or to be more accurate, what they imagine as :null: ‘s approval. It usually drives the endless gender bullshit into overdrive. I’m glad that’s not the case ITT currently because this topic is important, & now is a great time to make statements on payment processors & their Emporer Palpatinesque UNLIMITED POWER
Chad Palpatine.GIF
Payment processors need to be managed by common carrier laws, like telephone lines. ISP’s need to be managed as common carriers too. People need to live regardless of creed or characteristics. This is the focus of the argument & needs amplification.
draggs said:
this is something that would be better said privately instead of posting it in this thread deliberately to derail it with gendersperging
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Lidl had a good point & didn’t come off rude or off topic. I don’t think it’s fair to claim she was posting to derail when she posted on topic thoughts. It’s the responses to her, again, that derailed so annoyingly. Lidl does not control how anyone else reacts.

I read the intent behind what Null wrote, it didn’t ruffle me though I noticed the word hole, too. I can definitely see how the way he structured that part of the statement was distracting. I think the way to make the statement more powerful is to edit it, streamline it. The feedback is good, imo, this is an important step.

The most useless thing about the never ending gendersperg battle is currently the guy team vying for approval ITT because Null said hole & Lidl said that part could be phrased better. How can anyone even argue with that? The rub is obviously about who said that, not the concrit itself. I’d take the focus of the statement off of the sex of the activists trying to give people’s rights away. I’d focus on the fact that payment processors do not need unlimited power, that people deserve to live. How the fuck are we supposed to live if in order to do so, we need to be approved as worthy by some biased random shot caller?

It’s untenable & absolutely no ends justify the means. Null has lived through a very striking & dystopian example of the current, egregious, payment processor practices taken to the extreme, & he’s very much worth listening to on this. His experiences with the payment processors are vital to understanding the nightmare scenario that’s been set up. It’s already bad & these shortsighted, ignorant, activists are giving pure evil an open foothold to control people’s ability to survive. That is not acceptable. Despite beliefs, codes, anything, there are basic things all people are entitled to in order to live. Some common sense things that mostly fall under common carrier laws need to be put in place, asap. People deserve to be able to do the business of daily living, & businesses & individuals that comply with the laws of the land should be allowed to operate & take care of basic quality of life tasks, regardless of their views.
 
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Fcret said:
At least with the sales tax, someone who I might not completely hate gets something out of it. With PPs, the profits go entirely to blood-sucking lizard people with corporate ESG mantras who I despise.


Yes I'm sure the 3% off the top for the big man is what's required to handle fraud and not at all just an excuse for the raping. Do you also enjoy justifying the 20% tips everywhere? Perhaps we can hear your brilliant rationalizations about the necessity of transfers taking 5-10 business days in the US whereas they're same day in nearly every other country on Earth? Fucking India is able to do this as a public good and you sit here and blather on about how it's impossible to outdo LITERAL STREET-SHITTING RAPE APES

I may be raped financially, but you sir are raped mentally. Your brain is raped. You are not merely raped. You are The Raped.
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I tip 15% across the board at restaurants. 10% everything else. I don’t tip based on service. Not sure what that has to do with credit card fees.

Transaction settlement time is entirely on your bank. BOA takes several days. Amex is nearly instantaneous. Everyone else is somewhere in between. It has nothing to do with Visa or Mastercard.

Are CC merchant fees too high? I honestly have no idea. But there is a lot of competition in that space. Yes, Visa and MasterCard have tremendous market share, but they are also independent of each other and banks and other service providers are constantly pressuring them to minimize cost so they can compete on price, not to mention they have Amex and Discover on their doorsteps. The actual issue is the censorship. Complaining about the fees is retarded and makes you look like you don’t know what the hell you’re talking about.

If you actually want change, focus on the censorship aspects because that actually has a chance for happening. If you just want to vent, then sure keep malding about fees and shooting bankers or whoever.
 
alphabetnigger said:
Is there any way to do a stop killing games type thing here? Even if just to raise awareness
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This will never get the same traction as SKG, even if S.401 had any teeth to it. "Stop video game companies from making their product permanently inaccessible to customers who already paid money for it" is something people can reasonably get behind. "Stop payment processors from preventing access to lolicon/incest/rape games" is not.
 
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