EDUCATION & TRAINING

The Flaw in Blockchain-based Payment Gateways for Digital Products

Dev.to Machine Learning

About This Tutorial

The problem with trying to sell digital products on arbitrary platforms is that they have gatekeepers. We were trying to sell a SaaS product to customers in countries with high transaction fees, like India and Brazil. Stripe and PayPal had blocked our account citing "fiscal irregularities" and "currency exchange risks", effectively cutting us off from our customers. We needed a payment processor that would work around the world, without any restrictions.