PayPal's Gatekeeper Problem: How I Ditched the Middleman and Began Accepting Cryptocurrency Directly
The article discusses the author's experience of moving away from traditional payment methods to directly accepting cryptocurrency. Initially, the author faced challenges with a third-party payment gateway that led to high bounce rates and poor user experience. Ultimately, by developing a custom payment processor using Rust, the author achieved significant improvements in transaction speed and customer satisfaction.
- ▪The author initially tried a third-party payment gateway for cryptocurrency but faced high fees and a poor user experience.
- ▪After developing a custom payment processor using Rust, the author saw a 97% decrease in request latency and a 25% decrease in bounce rate.
- ▪The decision to build a custom solution allowed the author to gain control over their business and establish trust with customers.
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try { if(localStorage) { let currentUser = localStorage.getItem('current_user'); if (currentUser) { currentUser = JSON.parse(currentUser); if (currentUser.id === 3942594) { document.getElementById('article-show-container').classList.add('current-user-is-article-author'); } } } } catch (e) { console.error(e); } pretty ncube Posted on May 22 PayPal's Gatekeeper Problem: How I Ditched the Middleman and Began Accepting Cryptocurrency Directly #webdev #programming #rust #performance The Problem We Were Actually Solving It wasn't just about getting paid; it was about establishing trust with my customers. By accepting cryptocurrency directly, I could demonstrate my commitment to transparency and flexibility.
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