[bluefirebrand]

Having a payment processing industry with a lot of competing providers would be miserable

Imagine having to support every single type of provider for every transaction. I don't think it is a good idea at all

[SirMaster]

It wouldn't be so bad if they all supported some same standard.

[bluefirebrand]

I don't think this would happen without massive regulation.

And operating in different regulatory markets across the world is likely difficult