91–100 of 348 posts
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Germany: SEPA direct debit, sofortueberweisung.de, giropay, and if you're willing to put up with PCI compliance bullshit, credit cards. All three are vastly cheaper than PP, too.
In Germany you now also have paydirekt.de which is a direct competitor to PayPal initiated by most major banks in Germany.
Given that we've all read similar situations happening all over the web, I'm surprised organizations aren't including "paypal drops us for arbitrary reasons" or "paypal freezes our funds with them for arbitrary reasons" in their risk assessments when choosing vendors. In almost every case, that risk should probably push decision makers away from Paypal. It is also a little entertaining that their "brand risk" departm…
They've been screwing over their customers, closing accounts on allegation of fraud and dragging out refunding the alleged victims for months and months, since before they were acquired by eBay. People still use their service.
It's always been this way. People use PayPal because it's convenient, and because there's no real competitor with comparable market penetration. No, I'm not sure that PayPal's brand will suffer much from continuing to act the way they've always done.
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> They're well within their rights to decline your business. They are. Should we condone it? > "Maybe they're sending it to terrorists or drug lords, maybe they're not; it's none of our business and we respect their privacy" Isn't this similar to the idea of banning web browsers, as they render HTML which, as we all know, can be used to write text ( plaintext! ) inciting terrorism? And it sometimes is. Are you using…
> Isn't this similar to the idea of banning web browsers, as they render HTML which, as we all know, can be used to write text ( plaintext! ) inciting terrorism? And it sometimes is. Are you using a browser right now? Search engines and hosting services already monitor for illegal content. Reasonable people can disagree over whether requiring a filesharing service to monitor for illegal content is excessively onerous…
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Unfortunately not. Are there any examples for this? I din't see any.
You can put every company which sends your personal data outside EU to court (Safe Harbour rules were kicked in the butt some time ago). Some people are even trying that with Facebook (and may be successful with that).
Yes I know that. Yet I don't know of any company being shut down who violates this. There are some minor fines which afaik are disputed. In my opinion this decision has been pretty toothless so far.
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What are the alternatives in Europe that make Paypal not needed? Genuinely curious, not saying you're wrong by any means.
Barclays and Natwest in the UK will allow you to send money to anyone with an email address. Can't speak for other banks, though. But all banks will transfer money if you have a recipient account number and sort code.
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Agreed; with both of you. Maybe it won't be crypto-currencies, but Paypal Has To Go®. Let them screw up two or three more times. They're antiquated and operate like a typical barely-legal, gray-area, fee-riddled credit institution. I wonder why Douglas Crockford, a brilliant man, still works there (other than obviously well compensated time).
>Agreed; with both of you. Maybe it won't be crypto-currencies, but Paypal Has To Go®. Let them screw up two or three more times. They've already screwed up and screwed people over publicly dozens of times. Paypal does have to go, but I don't think paypal will die until someone offers an equivalent service.
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What are the alternatives in Europe that make Paypal not needed? Genuinely curious, not saying you're wrong by any means.
Germany: SEPA direct debit, sofortueberweisung.de, giropay, and if you're willing to put up with PCI compliance bullshit, credit cards. All three are vastly cheaper than PP, too.
I don't think they need regulation. I think they need to carry on like they are for a few more years so I can watch them be eaten alive by crypto currencies and other fintech innovations.
Yeah, don't hold your breath. Nobody (with the statistical significance meaning of "nobody") really cares about crypto currencies. At best, crypto-geeks aside, they attracted a share of "gold digger" personalities. That's whether the same media that cover the grumpy cat have covered them, or whether some random company uses a payment processor that accepts payments in Bitcoin.
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Agreed; with both of you. Maybe it won't be crypto-currencies, but Paypal Has To Go®. Let them screw up two or three more times. They're antiquated and operate like a typical barely-legal, gray-area, fee-riddled credit institution. I wonder why Douglas Crockford, a brilliant man, still works there (other than obviously well compensated time).
>Agreed; with both of you. Maybe it won't be crypto-currencies, but Paypal Has To Go®. Let them screw up two or three more times. They've already screwed up and screwed people over publicly dozens of times. Paypal does have to go, but I don't think paypal will die until someone offers an equivalent service.
Dozens of times means absolutely nothing considering the billion that uses them.
Do you many how many thousands of times banks and insurance companies actually screw people -- and yet nobody bats an eye?
Besides the big assumption is that this is due to PayPals incompetence or malice, and not due to BS regulations (that anybody else will have to follow too).