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Home Fintech

Meta’s payment logic bug shows why fintech startups handle multi-currency better

Meta’s payment logic bug shows why fintech startups handle multi-currency better
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Discovered a critical bug in Instagram’s advert billing logic: the system provides collectively fees in IDR and USD as in the event that they’re the identical forex. Meta’s help crew dismissed it, but it surely’s an excellent instance of why even trillion-dollar corporations nonetheless fail at primary monetary hygiene.

It’s wild that fintech startups with 1/one thousandth the finances wouldn’t let this slip. If Meta had been a regulated monetary establishment, this may be a compliance nightmare.

submitted by /u/DjahillBZ [comments]



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Tags: BugFinTechHandlelogicMetasMultiCurrencyPaymentshowsStartups
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