More warning would have been ideal, but perhaps it's a security issue. Or a business negotiation issue. It's apparently something they don't want to tell us about, and are in a (relative to usual deprecation) hurry about.
I bet a lot of sponsorship dollars will be lost when people do not update.
I wonder if this will effect non-US donors especially. In general, I'm pretty sure paypal is accessible to more people than visa/mastercard. Over the summer they announced some international expansion to who can receive sponsorship dollars. https://github.blog/2022-07-28-github-sponsors-available-in-...
Not sure how different things are in other parts of the world, but here in Australia all of our debit cards are on the regular Visa/Mastercard networks; you can use them wherever you can use a credit card online. It's just the transaction is likely to decline if you don't have a balance in your account.
If you're in Europe, I can recommend N26. They have a bank card that functions as a "credit card". Only you need to have a balance on it or the transactions won't go through, because the account is charged instantly.
do not ever use N26 for anything else than a credit card though, don't have your main account with them, they lock accounts without giving a (concrete) reason and are then unreachable.
The real solution is never to have a substantial amount of money on any single bank account. Even traditional banks will shut you down without explaining why if they suspect you of working with cryptocurrencies.
They say that in the article, but at the actual checkout the only options listed rn are paypal and credit card. Also, honestly not even sure my banks debit card would work with something like that, only thing I ever used for paying online is ideal (a dutch payment standard)
The Maestro cards that most dutch banks use are currently getting phased out and replaced with Mastercard or Visa debit cards [0]. These new cards include a new number that should work wherever credit cards are accepted.
In the US (and GitHub is a US-designed site) "credit card" is used to generically refer to any payment card, whether it's a credit card, a debit card, a pre-paid universal payment card (not a gift card, but a prepaid Visa or MasterCard or similar).
Debit cards routinely get rejected in the US even though they can be processed without PIN entry like a normal credit card. The IRS verification system to receive COVID benefits wouldn't allow them. Gas stations can be unreliable. It's a crap shoot. When given the choice I used to select debit to save the merchant money but I've gotten fed up with being screwed over for no good reason to bother anymore.
By you, maybe. The gas station down the street from me, due to fraud, has to make an distinction between credit and debit cards because it doesn't accept credit cards.
That's almost certainly a pretext (credit cards are more expensive) – or they have ancient card processing hardware.
The fraud liability situation is the same for credit and debit cards (i.e. the merchant is not liable for lost/stolen fraud) as long as the terminal has a chip reader.
Lol that's because they don't want to pay interchange fees, not because of fraud. Any decent credit card has 2% cashback/miles. That money has to come from the merchant.
FYI debit cards with a card network logo also allow chargebacks just like credit cards. So it's extremely unlikely that chargebacks had anything to do with it.
It's fairly common for cheaper gas station networks like ARCO to only accept debit cards because of the fixed fees.
I think it's almost the opposite - (I think) banks started issuing credit cards (with no ability to overdraw) as "debit cards" because it makes them more convenient for online shopping and such.
Not sure why else "debit cards" would suddenly have CVV codes and such.
All cards run through payment networks like Visa and Mastercard, which is why they all have a PAN, CVV, etc. The distinction between credit and debit really just depends on the source of the funds backing the card: either a line of credit, or a bank account that is debited. The allocation of the transaction fee is also usually different, but that tends to be transparent to the customer (and sometimes the merchant).
Banks also charge an outlandish overdraft fee per transaction of something like $35, limited to 3-4 per day. The default for most debit cards AFAIK is to enable overdraft protection. You have to specifically disable it at the bank (which everyone should do). Making an extra $100/day for a few small overdrafts is a very profitable racket.
"Overdraft and NSF fees cost Americans an estimated $15.5 billion in 2019"
Does your debit card not have a visa/mc logo? In the US credit cards and debit cards work exactly the same online. Only difference is you get points/cashback on credit cards.
If not, can't you walk into a grocery store and buy a $500 prepaid visa card?
>If not, can't you walk into a grocery store and buy a $500 prepaid visa card?
I have never seen a grocery store sell something like that here, but maybe that is because I just never paid attention to that.
Not that I am saying it is super hard to get a credit/debit card, but it sure is one hell of a barrier to throwing money at open source contributers here and there.
As said elsewhere in the comments, if your card has a Visa / MasterCard logo on it, it should work here. I'm personally sponsoring a bunch of folks using a Visa card connected to my business account on Wise.
The HN community absolutely hates crypto but this is an example of where stablecoins would be great. No dealing with the logistics of international bank transfers or services like Paypal.
You could use something like https://privacy.com/. In fact, I’ve been using a Privacy credit card (connected directly to my bank account) for GitHub sponsors since I signed up.
Sure, I buy things through PayPal a lot. It’s purely out of convenience. It saves me the steps of entering in my address and credit card info when buying something online. If the checkout page offers Apple Pay or Stripe, I’ll use those instead, because they’re even easier. I’ve never had any problems with any of these payment services.
I also like that both PayPal and Apple provide a centralized UI where I can revoke payment authorization for subscriptions, so I don’t have to argue with someone on the phone to cancel. My understanding is that Apple subscriptions incur a 30% fee for the developer (and often a price hike for me), so it’s nice that PayPal offers something similar without that fee.
PayPal still charges about a 3-4% + 50 cent fee. Not as large as the exorbitant 30%, but still a lot compared to the tens of cents it costs for IBAN payments in the EU
Unfortunately not everyone accepts IBAN, and I don't have a credit/debit card at the moment (they're not common here), so PayPal provides an okay solution for now. I pay my Linode VPS with it for example, because that's essentially the only option I have at the moment.
The german antitrust agency recently started an investigation into PayPal because they forbid businesses to offer lower prices to customers which use a different paying method. If they succeed pressure on PayPal might increase if you pay 2% or so less for using a bank payment.
Sure but PayPal in North America is not competing against EU. It is competing with Square, Stripe, etc, and those fees are quite close to those other companies.
Apple doesn’t charge merchants anything for using Apple Pay, they charge the banks for being able to have their cards in Apple wallet. Merchants still get charged by the banks but Apple doesn’t take anything from them.
Is there any way to subscribe to a service using Apple Pay without it counting as App Store and incurring the 30%? There’s a lot of news stories about Spotify, Netflix, etc fighting with Apple over this.
Apple Pay (like Apple wallet) doesn’t charge anything inherently. If you’re buying a subscription (like to an app) through the App Store, with or without Apple Pay, they charge 30%. These are two different things.
Yeah, I've sold over $1M worth of stuff on eBay since 2011 and have mostly good things to say about them.
Much better support than eBay or Amazon, at least for merchants, and the few times I've needed them as a customer they've helped me out. Even one time when I was socially engineered into ticking the "item received" when I hadn't received the item, they helped me get a refund.
I think a lot of the bad stories you hear about them come from people upset at the customer being always given the benefit of the doubt, even in suspicious fraud situations (e.g. where the customer has 3 positive feedback and the seller has 10,000). It's bullshit, but from a business perspective it's a small price to pay so that your customers don't think "am I about to get scammed?" every time they click the Buy It Now button.
If you drill down a bit too, you'll find a sizable minority of people who lost their shit at support staff then act surprised when they don't get any help.
I can assure you the customer experience, when the purchase is above a 1000$, is also atrocious. They will send you in circles. Scammers do use paypal, there's a reason.
I've never had a bad experience with PayPal and there ain't no way I'm handing out my raw credit card info to another website so they can get hacked and leak it.
Makes it super easy when you get a new card or a card expires to simply change the card in PayPal without having to go through and change the card everywhere you used it.
I know PayPal gets a bunch of hate for some of their business practices, but I think most of that comes down to them being in the financial services industry which is the most regulated industry to operate your business in. This is the reason why you don't see much competition when it comes to payment processing.
This is a general statement about many companies, though PayPal is an example of it:
The company was great to work with until it wasn't.
Most people, most of the time, will have no major issue (and few minor ones) and wonder what the hubbub is about; a minority of people, a minority of time, will have lots of minor issues and a few major ones, and some of them will be _devastated_ by the experience.
All of this is to say: You will find lots of folks who've loved PP and had zero issues, but when the company is that size, a 0.001% error rate screws over a lot of paying customers.
It makes a lot of my transactions very low friction and significantly increases my willingness to buy things from small independent sellers on the web. I don't really ever have to think about PayPal, but now that your question has made me stop and think about it, I quite like PayPal and think it's quite a good bit of infrastructure.
Even though sometimes using Paypal causes me to lose "reward" points, I do use quite a bit. For things like annual domain renewal - it is a life saver. I have had my domain expire far too many times with Credit Cards.
I use it for small recurring payments to some online services. Some online services only accept Paypal so I just pay via Paypal using my stored Amex/Visa details and Paypal process the payment and passes it on to the service operator. Does exactly what it says on the tin. Also means I only need to update my card details in one place when I switch cards or get a replacement card. No problems and in some ways the UX is better than using a traditional Visa/MC/Amex processor.
I have never had bad experience with PayPal. I use it always when it an option and I give out my credit card info very rarely (e.g. it has to be actually life altering product/service and not support PayPal for me to input my credit card details.)
If I was sponsoring someone this change would put end to that. I don't want to give my credit card details to Github.
As a customer they're great, especially as someone who moved internationally and so needed to use a "foreign" credit card to pay for things for a while. Being able to pay everywhere with a consistent UI and have my payment history (and manage which card I'm using) in one place is really nice.
I like that I have it set up to pull directly from my bank account (instead of going on a credit card bill to pay, possibly with interest), and that I just have to log in to paypal to make a purchase, and not enter any other numbers, or share my credit card number on an additional form/system that might get hacked.
If a vendor offers paypal as a payment method, I almost always choose it.
I have no particular loyalty to paypal, if another similar option were available I'd be happy to use it, paypal has just gotten such market penetration as non-visa/mastercard payment method. Nobody offers a "pay with venmo" checkout option.
I trust PayPal as the default payment method, I do not want to provide my cc details to any random store that may have questionable security. I never had a single issue with PayPal.
There was a moment when I needed to buy an expensive ticket from Qatar and their Visa processor was unable to bill my card. PayPal managed to get my money to airline. I appreciate that, but still thiunk that creating user experience worse than that of PayPal is a non-trivial feat.
What's so extremely terrible about the user experience?
As a regular user, I can't think of anything that would've annoyed me, beyond sending official emails that look like phishing emails, and then support not even being able to always distinguish whether it's a valid email or not.
Other than that, I've added a credit card, can press the pay with paypal button, login and pay for my goods. Nothing to complain in this loop really, so I'm curious what your perspective is.
TBCH, my pain was on the other path - getting money out of the system and into my bank (I am not in US). Also PayPal never let me make a payment with just a card, without logging in to the system.
I consistently have a pretty good experience with PayPal if you discount the ads and nags on the Website. The merchant "horror stories" actually give me a lot of confidence that whoever I buy from will be sufficiently motivated to fulfill their side of the contract.
I also use PayPal a lot. It is more convenient since I don't have to find my credit card to enter the digits manually. It is also easier to change payment methods with PayPal.
As a customer PayPal works great for me. I much prefer it over typing my credit card number. Subscriptions over PayPal also work well. Just cancel in PayPal and it’s done.
You don't need to read his novels to guess what his politics were, he wrote plenty about them, in the first person. He was pretty left-wing, he just also hated Stalinism and authoritarianism generally.
You are of course free to think that Stalinism in the 1984 style is the inevitable endgame of leftism, but it's very very clear that Orwell didn't think so.
As a non-US citizen one of the worst user experience in fintech I had was PayPal. Especially when I tried to stop using it and it just didn't allow me to just pay by entering card data without login, even in anonymous mode. There also were couple of moments when alternative card payment processor failed to bill my card, but PayPal managed to make it. I understand that US barely have any alternatives, but still.
I’ve always used PayPal on GitHub for sponsoring great devs since it’s the lowest touch option. Strange that there is no explanation as to why it’s being stopped.
> although the current open source collective fee is brutal(10% from all transactions)
Open Collective doesn't charge fees to hosts that don't charge fees either [1], and most collectives can "self-host" themselves.
It's a great recurring payment option that we're using for our local hackerspace [1]. Though I think their checkout process could probably work better with a bit less friction.
And to stay on topic, we always prefer GitHub Sponsors over Open Collective, since they absorb payment processing fees. :)
I quit PayPal when they broke their promise, that I can refund any transaction if I get scammed (not literally, I'm talking about buyer's protection).
I've been using it since 2006.
A few years ago I bought something in a browergame and they scammed me. I created a case and they replied with "where is my proof".
Account deleted, there's my proof. They will never see a single cent from me.
At least you got to delete your account, with me they demanded identification during the sign up process and refused to delete the halfway made account without identification.
PayPal recently took a 5% fee, and held another 15% for a week. They also charge like 5% on currency conversions. Now add taxes and there's not much money left over!
no reason is given in the article, but the usual reason to avoid paypal is because their fees are like 3 times higher than alternative payment processors.
Off topic, but is there a patron style support service where I can pay a flat fee once per month, and that money is split among my chosen targets? So I could have something like 20$ per month, split to 3 developers.
That was what Flattr's goal was but we don't hear so much about them anymore. BAT also has a similar business model but it's crypto-based and requires use of the Brave browser.
I wanted to close my Paypal account just now and they have very dark patterns going on.
I wanted to send the remainder of my balance to my bank account, in order to do so I had to couple my bank account.
It directly presented me with the info that if I were to couple the account, Paypal will have 90 days of access to my balance and all my transactions.
How about no.
Luckily there was a link on the bottom “link it in a different way”, when following this path (By manually entering my IBAN*) Paypal only stated I could then “easily transfer funds back and forth”. Sounded good, until my bank app opened again and stated that if I was pressing the ‘accept’ button, you guessed it, Paypal will have 90 days of access to my balance and all my transactions.
This time I pressed ‘cancel’ and thought “I’ll just buy something random and donate the last Paypal cent I own to some random charity”.
Got an error message after pressing ‘cancel’ in my bank app, but curiosity got the best of me, I refreshed the Bank Accounts page and there it was, my bank account number. I was able to transfer to it without coupling after all.
Once the funds are on my bank account I will avoid and evangelise avoiding Paypal.
Plaid does very much the same thing, and is used by, among others, CashApp. In the name of making a seamless service they at least used to ask you to enter the credentials to your e-banking portal, then scrape your transaction history and balance. I would hope that by now they have developed a better system that is not nearly so dangerous, but I honestly have no desire to find out. There was a way to instead use your bank routing and account numbers (which is still a riskier proposition than, say, a credit card), but you wouldn't even see that option unless you made a search that returned no results.
PayPal are the original pioneers of dark UI patterns and are always at the cutting edge of new techniques to get their users to accidentally give them money.
Given the horror stories involving PayPal over the years, I wondered why anyone would link a bank account to a PayPal account. I guess I now understand why.
I remember going through something like that with Plaid. That one actually asks for your online banking password, it's not using some API access... very bad.
I had to convince it that it didn't recognize my bank to eventually put in account numbers rather than give it credentials to your bank's online account. I think I put in the wrong routing numbers to get to that form. Definitely a bad experience!
I am curious if people with your attitude think it is OK to try and be sneaky to trick users like that, or if you are not aware that is what is happening?
It just seemed weird that GP described this whole ordeal about how to couple accounts, and then glosses over any process after they found their account number. They have edited their post since.
Most financial regulation enables payment providers to have unlimited period of account freeze even for the suspect of money laundering. Payment providers are legally shielded for any liability if they are concerned about money laundering. A mere abnormal transaction volume or a single transaction is enough for suspicion. The regulation is so single sided that any financial institution cannot even reply to your messages regarding such cases, as they have criminal liability on “tipping money launderers.”
PayPal just happens to be one of the most used online payment providers, being very trigger happy on this one due to pressure from regulators. This makes PayPal unideal for any businesses that deal with digital goods.
In an ideal world, that would go into an escrow account which the processor would not be allowed to benefit from--to remove the trigger happy incentives-- and which would have an arbitration route for the merchant.
What is the official way that someone whose account is wrongfully frozen is supposed to get their money back? There has to be some answer, at least for US citizens or foreigners in the US whose assets are wrongfully frozen due to the effects of US law... every civil or criminal forfeiture law in the US provides some way for the property owner to challenge the seizure, usually involving filing or defending some kind of court action. I assume that it would be unconstitutional in the US for that not to be possible.
It wouldn't blow your mind if you did a bit of research.
Payment processors will ALL (including stripe, authorize, adyen, etc) lock your account (with your money still in it!) if:
1) You're taking money for a product that will be delivered in the distant future (like tickets for an event, or preorders)
2) Your account has a sudden change in ticket size or quantity
3) You're violating their TOS. On HN that might look like a service that winks about piracy, or being a spamming tool.
Ever since I learned about this ~10 years ago, I've been looking into the details every time someone gets their account shut down, and it's always the above. The way people describe what happened to them to carefully leave out one of those points prevents it from ever being shocking.
I have trouble believing that you were always able to get to the bottom of it and determine it to be one of these causes, not only because it entails a remarkable ability to connect with many otherwise unresponsive posters, and the because it’s so easy for a person to read a challenging story and just assume that missing pieces would make it fit a prior conviction, but because it’d be pretty remarkable if I’m really the end of your ten-year streak. Hi. PayPal stole from me and I fit none of those points. I had a personal account, a friend made a habit of repaying me via PayPal despite my already knowing better, PayPal allowed it for a while then switched to accepting transfers to my account but barring withdrawals or return transfers, in effect taking out a non-consensual unannounced month-long loan from me. You can tell me how PayPal may have become confused and incorrectly believed I’m taking pre-orders, breaking their TOS, money laundering, etc, but those beliefs are factually incorrect, my usage was not inappropriate, and it’s very different to say “PayPal only does it when X” and “PayPal only does it when they believe X, which they frequently do mistakenly”.
I wonder why they are even allowed to do 1). There are entire industries (like airlines, for example) which rely on negative working capital to operate at all.
The only one of the examples you listed that makes me even remotely sympathetic to Paypal is TOS violations but Paypal or any big company's TOS is sufficiently vague to make any suspension justifiable as a TOS violation.
PayPal isn't a bank. It doesn't have depositors, just plain creditors. (Oversimplifying.) It should have to disclose this more thoroughly. But there is a legitimate niche for low-compliance deposit-like instruments in our financial system.
They do. I got my account locked below I had opened it when I was below 18 and they allowed me to withdraw the thousands I had on without any problem, from the moment it was locked.
Indeed one of the biggest reasons I like cryptocurrencies is that I've been burned many times by paypal, payoneer, bank accounts, etc.
Just the other day when I tried to withdraw from a certain payment processor, which I've done 100s of times and is always instant, but it took 3 days because they were "validating it" (which makes no sense, it's a withdrawal to my own bank account), and I needed that money at that very moment, not 3 days later.
The only forms of money that I know for a certainty I can move at a moments notice are cash and crypto. Anything else I don't really own it.
I grew up in a 3rd world country, when I started working remote for a company abroad I used to get paid in USD, every-time I go to the bank to take my own hard earned money, I had to give the bank so many details and had to wait multiple days before I can withdraw my own money.
The easiest way to withdraw my money was to ask the bank to convert my USD in to my local currency, and if I do that I lose close to 6% of my salary.
If I wanted to withdraw my money as USD, the only time I was allowed to do it is if I provided the bank with a valid flight ticket to prove I was going out of the country, and even then, I could only withdraw less than 40% of my monthly salary this way. (the % changes everytime the central bank wanted)
Every time I see people hating on crypto all I see is someone who either bet the farm on a get rich quick scheme or someone who comes from a very privileged background who haven't had a part of pey-check stolen by banks.
Is it bitcoin's fault when people trust others to manage their own btc? "Not your keys not your bitcoin" is a manthra that gets repeated by the BTC community every single day.
If you can't manage your own coins then btc is not for you, use fiat, trust the bankers[1][2] to hold your money.
my experience with paypal as anything other than a way to buy things has been exclusively shit. their "security features" like locking your account because of "suspicious activity" on a card that's been expired for 5 years - are little more than excuses to claim your money when after sending them scans of your passport, dental records, grandmother's birth certificate and wifi password you inevitably give up and let it go
their one benefit - ubiquity - isn't even earned. no, they were just early to the scene 20 years ago, then held their nerve until about 2010 after which the major online players pretty much haven't changed. fuck the current online eco[nomic]-system. the network effects of familiarity nearly always trump competence or quality
my advice: never ever have money in your account. it's just too tempting for them. if you're taking payments, auto-transfer them out. if you use it pay for things, use it via a card. since I realised this, I've not once had to unlock my account, no unsolicited two-factor, not even a dodgy notification. it's almost like they have nothing to gain from locking it anymore :o
Why would it matter to Microsoft? Paypal is an 'opt in' choice for people wanting to receive money, so if you didn't want to use paypal you didn't need to:
>Several of you have reached out asking why we don’t support certain platforms (including PayPal and Venmo) natively in FUNDING.yml, the file for configuring a “Sponsor” button on a repo. Great question!
>We decided to leave PayPal, Venmo, and others out of the set of supported platforms because there is a less explicit social contract for where the money is going compared to platforms like Patreon, Open Collective, Tidelift, and Community Bridge, to name a few of the platforms we do support. Those are community, creator, open source, or developer-focused—and they make it clear that you are supporting the work of the person or team developing code in that repository.
>We support custom fields so we can monitor funding methods we might not have known about, and iterate accordingly. Good news is you can put PayPal—or any other link—in the custom field, too.
Unlikely, since this is a full one-month notice period for the GitHub Sponsors change. They wouldn't have that option if PayPal had locked the GitHub Sponsors PayPal account.
On a related note, if you add a comment like “Cuba Russia China you need better fraud detection” to a Venmo payment they will freeze your transaction for a couple of days. I’m sure the same is true for PayPal.
Microsoft is big, it has an entire office building full of lawyers who can get the "you must give up your civil rights to a jury trial and have to use binding arbitration even if you don't want to when you use this service" clause struck down as unenforceable, unlike us mortals.
I'd imagine it's simple "well, you don't have choice and we don't want to give paypal cut and deal with those crooks when we have our own payment infrastructure"
My understanding (when I briefly looked into this about 5 years ago) is that Paypal doesn't support sending money for donations unless it's actual charitable donations - accepting 'donations' for an npm package is against paypal terms of service.
My guess is that Paypal finally got around telling github to stop accepting this.
The problem is that PayPal’s rules are vague and opaque, and they apply them arbitrarily. You have no real recourse to complain about one of their decisions. I can maybe see how it’s painful for GitHub to deal with them.
Yeah, just the annoying task of having to go revisit their recurring donations, I'd expect to cost some donations, as people "I don't have time for this" decide to cancel.
Then there's the people who still intend to donate, but just don't get around to setting the new payment method.
Looking at all the PayPal hate in this thread, I have to ask - what do you guys use instead of PayPal? My main use case for PayPal is to avoid giving my credit card directly to merchants I don't fully trust.
I considered switching to using virtual credit cards instead. But being outside the US, the options (at least those I'm aware of) are quite limited and inconvenient.
If you don't trust a merchant your credit card company should have your back, there are chargeback processes you can go through in the event you get defrauded. Just make sure you never use a debit card online.
With PayPal you risk PP defrauding you or otherwise screwing with you, I've personally had them overdraft my linked bank account for no reason. My bank was pissed at them and only reversed the charges after I promised to never give ACH details to PP again.
> If you don't trust a merchant your credit card company should have your back, there are chargeback processes you can go through in the event you get defrauded.
Sure, but it’s still quite the pain to deal with. Your card can stop working at an random inconvenient time, you quickly have to switch any upcoming recurring payments, you have to spend time on hold with the CC company, etc. My last CC I had compromised I got into a bananas situation where I was having large/expensive packages I never ordered getting dropped off at my door and was then having to deal with the rigmarole of my CC issuer telling me I needed to return them to the shipper for a refund.
I was a PayPal customer for 16 years. They then threatened to disable my account unless I completed forms to send to Equifax. I told them to get stuffed and see you later. I really miss PayPal but I didn’t appreciate what they did.
I closed my Paypal account when they "mistakenly" added punitive and censorious clauses to their TOS. It took ten days, and in doing so it came to light that there had been, unbeknownst to me, about fifteen businesses with permission to withdraw funds from my account without any confirmation needed on my part. Once you have some type of recurring businesses, those permissions can persist indefinitely. As far as I know, nobody abused those permissions, thankfully.
Anyway, it is slightly inconvenient not having a Paypal, but I refuse to do business with them. Hopefully another option comes along to fill the void.
No it doesn't. Sites like Github and Patreon can pick and choose which cryptocurrencies they want to support just like they choose which payment processors they support. And creators can choose to take donations directly today using whatever payment processor they choose, but creators and donors choose to use the middlemen because they provide value.
Cryptocurrency doesn't change any of those factors, it just makes processing fees and currency instability orders of magnitudes higher.
Why use a payment processor at all for crypto? The whole point of crypto is that you can do it yourself, without requiring permission from the rent-seeking banks. The fees are not that great for many of them. For Monero, which is the most commonly used privacy coin and probably most commonly used for illegal transactions nowadays, it's under 0.01% for most transactions.
I bet a lot of sponsorship dollars will be lost when people do not update.
I wonder if this will effect non-US donors especially. In general, I'm pretty sure paypal is accessible to more people than visa/mastercard. Over the summer they announced some international expansion to who can receive sponsorship dollars. https://github.blog/2022-07-28-github-sponsors-available-in-...