this post was submitted on 13 Nov 2023
82 points (98.8% liked)
Technology
59347 readers
5466 users here now
This is a most excellent place for technology news and articles.
Our Rules
- Follow the lemmy.world rules.
- Only tech related content.
- Be excellent to each another!
- Mod approved content bots can post up to 10 articles per day.
- Threads asking for personal tech support may be deleted.
- Politics threads may be removed.
- No memes allowed as posts, OK to post as comments.
- Only approved bots from the list below, to ask if your bot can be added please contact us.
- Check for duplicates before posting, duplicates may be removed
Approved Bots
founded 1 year ago
MODERATORS
you are viewing a single comment's thread
view the rest of the comments
view the rest of the comments
Huge companies are all basically banks now.
If your institution provides lines of credit to your customers for any reason, you should be treated like a bank, because that's what banks do.
I agree. Just like how all these ride-sharing apps like Über and whatnot ought be treated like taxi services and AirBNB should be treated like a hotel service. The workers deserve fair compensation and security, and the clients deserve the safety and standards of a regulated business.
Does Google do credit (other than prepaid cards)? I'm pretty sure Amazon does payment plans do they're more bank-like. Google has GPay so they're tied in more like with credit card companies, though AFAIK you do still need an actual linked card to make purchases with that.
I just checked an Amazon purchase that had the option for a payment plan, my options were to use my Chase card affiliated with Amazon or Affirm which is a 3rd party that is offering the structured payment. Not sure what it looks like for others, but if it's similar, then Amazon wouldn't be doing anything bank-like with those payments.