Over the past few months, our former payment provider Nexi S.p.A. (“Nexi”) requested access to private data, which we understood to be specifically the usernames and passwords of our supporters. We have refused this request. All our attempts to clarify Nexi’s request, or to understand how their need for such information was necessary and legal, were met with what we consider to be vague and unsatisfactory explanations relating to a general need for risk analysis.

Subsequently, we found ourselves unable to receive credit card donations through Nexi’s system. In the afternoon of 10 March, we were further informed that our contract had been cancelled a few days prior on 7 March, due to our supposed failure to meet their deadline to fulfil their request. This deadline was not communicated to us beforehand, despite us having been Nexi’s customer for the past 15 years.

This is completely crazy! As 450 supporters are affected, that is a huge amount of donations that were cut off!

  • Also note that Retoswap is the only decentralized XMR exchange afaik, so at least the buying of XMR nearly always requires KYC.

    why are you spreading misinformation?

    Also note that XMR donations cannot be tax reducted

    It’s peer to peer, that’s not a collateral damage… It’s a good thing

    • Pantherina (he)@feddit.orgOP
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      24 天前

      Please just shut up if you cant contribute anything useful…

      If it is not then please name alternatives.

      If you know how to tax deduct monero payments, please give examples.