PayPal.Me

Paypal owns Venmo (via the Braintree acquisition). How is this not cannibalizing on Venmo (whose primary existence is around sending money btwn friends)...?

Re: PayPal.Me

#8

Post by benjaminva » Tue, Sep 01, 2015, 2:14 PM UTC

It´s available here in Germany and I feared that fees would apply for every transaction but learning from the FAQ, when transferring money between friends/family this is actually free. Given, that in Germany, transactions between banks are free too, the whole cycle of shifting money should be also free for Paypal (omitting costs for running the service of course). I am looking forward to trying it out, it might be much nicer than giving someone the IBAN and letting him handle the transaction via the bank.

Re: PayPal.Me

#9

Post by swagswag » Tue, Sep 01, 2015, 2:15 PM UTC

BillPond wrote: post #4

Based on my previous paypal experiences, I would rather send my money with any of the other money platforms that are out there.

Square or Stripe?

Re: PayPal.Me

#10

Post by [deleted] » Tue, Sep 01, 2015, 2:15 PM UTC

johnnymonster wrote: post #5

paypal is by far the worst payment processing system that I have ever used...

[deleted]