news.ycombinator.com• Oct 9, 2025• 1 min read
Ask HN: Does anyone want to take on the payment processing networks with me?Going out on a limb hereI’ve been working on a prototype payment network that allows people to send and receive payments at a fraction of the cost to traditional rails.I started working on this when building out the previous fintech I started, Safepay (YC S20) and realized how much value card networks extract from fintechs on both sides, and by extension the businesses that rely on them and thought that there has to be a better way.I think I’ve found what this could be and the only thing holding me back is finding the right person to take this on with.So what is it? (Links added below)The idea is to allow people to make and receive payments through simple aliases. Send money from your Chime account to your friend on Coinbase or pay a merchant using Stripe with your Revolut account. Scan a QR code on a receipt with your banking app after dinner and settle the bill.In the background we pass messages back and forth between different participants and process net, deferred settlements with
