Curious to hear from someone who watches this space. What makes them dead?
replyIt's still the only consistently supported thing I encounter online.
I'm aware things like Wero are poised to shake things up, but still have no real idea about timeline and impact.
>What makes them dead? It's still the only consistently supported thing I encounter online.
replyonline is dead too, no app uses paypal, and plenty of online merchants take credit cards more than paypal; they even offer their own credit cards.
paypal hasn't innovated at all in over a decade, and people are scared of the way it will hang on to your money with little recourse.
Maybe we’re doing different things or in different regions, but I rarely see pay with PayPal now.
replyI see it absolutely everywhere still. We all exist in our own bubbles.
replyYes it's basically every website in Australia you can pay via PayPal now. I use it less and less since Apple Pay is available pretty much everywhere, but it can still be handy now and then.
replyLuckily I haven't for years now. But might indeed be different regions.
replyThe other consistently supported thing is card numbers. I generate virtual card numbers for every merchant, no need for some suspicious interloper. For non-recurring or one-off transactions -- new virtual card for each purchase.
replyAre you in Germany by chance?
replyPayPal is still the default processor in so many places. That's got to be worth something. Every other time I buy something online, PayPal is the default option.
replyWhat country are you living in?
replyI see it everywhere in the US.
replyElon bought a dead social network and look at him go! But seriously, I log into paypal once a month to pay my landlord. I am a MAU. That is crazy. It’s more then I can say for ABNB. Maybe they should buy Paypal. Save on those transaction fees.
replyI wish Twitter had been dead when Elon bought it, but no, Twitter was far from dead. X actually has fewer MAU as far as I can tell[1], and I wouldn’t call it dead either.
reply[1]: Seriously though, I can’t find good data I trust on this so correct me if you’ve got a good source saying otherwise, or even if someone has something substantiating this better I would take that too.
The social network is more dead than when he bought it. Wouldn’t need the an acquisition first by an ai company and then a space company to hide its worth.
replyI honestly wish they could've succeeded because PayPal is one of the banes of my existence. They're one of those faceless corporations that accuse everyone of money laundering in order to steal their shit.
replyThey held and stole quite a bit of money from my company when it was small 'for fraud'; it was a very hard time, and of course there was no fraud. It was a long time ago and I don't get angry anymore, but it was a nightmare and nothing you can do. Since then I moved to local processing, issuing, acquiring; I can thank Paypal for all of that. Hope they die a miserable death, but I guess 50B$ says at least the managers will drive their lambo's/yachts around no matter what happens unfortunately.
replyOf course you can do something. You can sue PayPal.
replySuing over borders. Did I mention small company? What would it cost me, in 2007, to sue a US company from my country in europe? With what chance of winning?
replyThey're actually a European company, or else they can't operate there. The European company is probably a subsidiary of an American one.
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