Earlier quoted context omitted.
What are you talking about? 10% of my clientele pay in bitcoin. Source: independent sysadmin/automation/'devops' consultant.
Are those 10% small 2 person businesses? From my experience even early/mid-size YC startups are not very open to bitcoin.
If you opened your PayPal account before you were 18, close it
311–320 of 396 posts
Re: If you opened your PayPal account before you were 18, close it
#312Earlier quoted context omitted.
You should have set up post office address forwarding and had your replacement card sent to your original address so it could have been forwarded.
You know what you need to set up address forwarding? A charge to a debit card with the same billing address. Catch 22.
Re: If you opened your PayPal account before you were 18, close it
#313If ever there was a single shining example of how not to treat your customers, PayPal is it. Every year or two there is another story of a different arcane rule they have in place that is enforced with zero human consideration, oftentimes to deprive people access to their funds. They don't learn from their mistakes, nor acknowledge them in the first place. I can't think of another company that has drummed up such bad…
Curious how detractors would explain PayPal's beyond outrageous success?
Re: If you opened your PayPal account before you were 18, close it
#314If ever there was a single shining example of how not to treat your customers, PayPal is it. Every year or two there is another story of a different arcane rule they have in place that is enforced with zero human consideration, oftentimes to deprive people access to their funds. They don't learn from their mistakes, nor acknowledge them in the first place. I can't think of another company that has drummed up such bad…
Learn from their mistakes? I think the biggest lesson has been that you can scam a small percentage of users out of their money, without any real impact. There's been so many stories about paypal stealing people's money, but their core business is still going strong.
Re: If you opened your PayPal account before you were 18, close it
#315If ever there was a single shining example of how not to treat your customers, PayPal is it. Every year or two there is another story of a different arcane rule they have in place that is enforced with zero human consideration, oftentimes to deprive people access to their funds. They don't learn from their mistakes, nor acknowledge them in the first place. I can't think of another company that has drummed up such bad…
A mix of heavy financial regulation, and low competition, itself largely the result of the massive barrier to entry created by financial regulation.
Re: If you opened your PayPal account before you were 18, close it
#316Re: If you opened your PayPal account before you were 18, close it
#317Earlier quoted context omitted.
What kind of clients are those? Just curious as I cannot see fortune 1000 generally even considering such a thing.
Overstock.com accepts bitcoin, are they fortune 1000?
Re: If you opened your PayPal account before you were 18, close it
#318Re: If you opened your PayPal account before you were 18, close it
#319Re: If you opened your PayPal account before you were 18, close it
#320Earlier quoted context omitted.
in the US wire transfers cost about $30 per transfer, international cost about $50. If you're transferring to another customer in the same bank then they're free but I've never had that luxury. Were you referring to bank transfers to same bank customers? Because I've never heard of zero fees for bank transfers
Uk here - I can transfer amounts under 10k in under 2 hours without any fee, to any other uk bank. If I want to send more, it's about 20 pounds, and completed in a day. I can TransferWise money anywhere in Europe (not tested the US) for far less than those prices too.