1) I was under impression that VISA and MAsterCard has banned all crypto purchases outside of EU.
2) In any case it is understandablesince US has amazingly poor security regarding CC purchases, seems that they are still living in 90s.
1) No ... The US is outside of the EU and Visa/Mastercard has not banned crypto purchases.
2) What do you mean that the US has poor security regarding CC purchases. The consumer has very good security. If you end up with an unauthorized charged, the cc company will charge it back, and give you your money back.
1) ok, i just RE-researched the issue . The article which stated that crypto purchases is banned outside EU was questionable without any sources. Couldn't find additional sources also.
2) They Do have poor security.
First of all US stil have widely used CC which can be used only with your signature. Which means that there is no security on the CC, everyone can imitate signature in such level.
In EU when web purchases are made there almost always is 2 step verification needed.
Offcourse you can make a charge back. But in this case the seller is scammed because most of the times the product is shipped or service provided. that means that seller has lost their time , whiich is lost money.
Not to mention the work hours whicih are lost due these kinds of charge backs. it slows the whole economy down as a whole.