I run a small online software business and I am continually getting cards refused for blue chip customers (big companies, universities etc). My payment processor (2Checkout/Verifone) say it is 3DS authentication failures and not their fault. The customers tell me that their banks say it isn't the bank's fault. The problem is particularly acute for UK customers. It is costing me sales. It has happened before as well:
I've recently found myself having to pay for a few things online with bitcoin, not because they have anything to do with bitcoin, but because bitcoin payments actually worked and Visa/MC didn't!
For all the talk in the early days of Bitcoin comparing it to Visa and how it couldn't reach the scale of Visa, I never thought it would be that Visa just decided to place itself lower than Bitcoin.
Kind of the same as Windows getting so bad it got worse than Linux, actually...
https://successfulsoftware.net/2022/04/14/verifone-seems-to-...