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329 points beeburrt | 2 comments | | HN request time: 0.419s | source
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winterbloom ◴[] No.44002712[source]
Is there a startup idea here? Do what buymeacoffee won't do and forget about regulations (that's what Uber does yeah?)

If you are interested in building this, I have product and engineering experience

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notpushkin ◴[] No.44002759[source]
I would gladly join! Love the fintech space and open to slightly “shady” stuff like this.
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1. itake ◴[] No.44002771[source]
Whats your take on why they did this? My guess is their payment provider forced them to it. and so the solution is what? support crypto?
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2. notpushkin ◴[] No.44003022[source]
For Payoneer, I’m not sure but they’ve wanted to deprecate it a long time ago (and I think Wise was supposed to replace it). From how clunky Payoneer was the last time I used it, I think the API must be pretty horrible, so no wonder BMAC wants to get rid of it.

For Wise, it could be that, but also they’ve been putting out a ton of features lately, which aren’t supported by Wise. Not idea why they didn’t add a bunch of if statements.

The solution is... uh, not sure? Crypto might work for payouts, but it’s too complicated for most users. For the donation page itself, we definitely need to accept cards somehow. There are payment providers that can accept cards and payout to these countries, so I think it should be possible: https://news.ycombinator.com/item?id=44002850