171–180 of 205 posts
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And there actually was... PayPal itself is still (after this news) worth more than both eBay and PayPal were as a single company. Add both together and it was an obvious win.
Strange that since eBay probably owns a lot of PayPal stock that they would try to tank Paypal. Maybe eBay sold their Paypal stock holdings ahead of this change.
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But these problems don't exist if you use a service like Stripe. You never ever store any confidential customer information on your own servers.
Stripe was just getting big as I left for a job in edtech so I never had a chance to work with it. Excuse my ignorance but does it require you to send your card info to the vendors server rather than directly to stripe? If that’s the case you are still wide open to basically every form of bad handling. Just because a vendor doesn’t NEED to store your CC doesn’t mean they’re not out of sheer ignorance or incompetence.
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Best way to integrate with stripe is to use their checkout button to get a token instead of receiving CC info directly. Iirc, still need to use backend code to do the actual charge, but at least you never see any sensitive info.
Right, but the poster is saying they don't want to run a server AT ALL.
Oh noes, I have to run php code stripe has done all the work on and provided to me! Scary!
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It's not about a better deal from Stripe, it's Europeans have to pay less in general.
Yeah sure. Remind me when I buy my next iPhone for a ~45% markup compared to the US prices. The 64GB 4.7" iPhone 8 is $699.00 in the US and $998 (799 EUR) in Germany.
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My guess is it's even more popular outside the US, or anywhere where credit cards aren't that common - like europe. We link our banking account to Paypal and use it to have instant payments (and fulfillment) without credit cards. You can't expect people to own credit cards over here.
Almost every payment processor accept debit cards, which is widely used in europe.
Unlike CC you don't get a new number/have half a dozen of different ones of them. So it's a quite a bit more of a hassle should the payment service provider ever have a breach/leak.
Many people didn't like to sign up with PayPal to begin with but, due to its dominance with eBay it was a bitter pill most people just swallowed to do their eBay buying and selling.
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This. Entirely. I used to work for a small ecommerce webdev shop. I’ve worked on sooo many shitty insecure shopping carts over the years I simply know not to trust basically any small website asking for my card. Completely unencrypted, storing CVVs, sending CC details as GET parameters, I’ve seen it all. It’s painfully common! If a company is not a huge name, and is handling your credit card info themselves, they are…
This. I wish there was a fundamentally different way of handling payments. Something like a one time hash you give the vendor that serves like a digital check(cheque). This way, if they lose the hash they lost their money instead of the customer's. Handing a merchant credit card details "feels" like handing them a blank Check and trusting them to not take more than they should because of the risk of them losing the d…
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Yes. The Masters of the Universe decided that there was "value to be unlocked" by spinning off PayPal. Or at least...someone's spreadsheet said there was value to be unlocked..
And there actually was... PayPal itself is still (after this news) worth more than both eBay and PayPal were as a single company. Add both together and it was an obvious win.
Here's what puzzles me. I have looked into Stripe, and just browsed the Adyen webpage. Both of those services seem to require you to maintain your own "active" server that can run server side code. PayPal seems to be unique in being able to take payments from a passive web page, because the customer conducts their transaction at PP's website. This is why I continue to use PP for my tiny little business (without eBay)…
They usually offer some kind of "pay links" or something similar.
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Right, but the poster is saying they don't want to run a server AT ALL.
Then what are they running their website on? This is a perfect example of the infectious nature of the word cloud, people say the word cloud as if there's no server still running it! Oh noes, I have to run php code stripe has done all the work on and provided to me! Scary!
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This. Entirely. I used to work for a small ecommerce webdev shop. I’ve worked on sooo many shitty insecure shopping carts over the years I simply know not to trust basically any small website asking for my card. Completely unencrypted, storing CVVs, sending CC details as GET parameters, I’ve seen it all. It’s painfully common! If a company is not a huge name, and is handling your credit card info themselves, they are…
This. I wish there was a fundamentally different way of handling payments. Something like a one time hash you give the vendor that serves like a digital check(cheque). This way, if they lose the hash they lost their money instead of the customer's. Handing a merchant credit card details "feels" like handing them a blank Check and trusting them to not take more than they should because of the risk of them losing the d…
Adyen works with your shop no matter how PCI compliant and well-built, so you can have it in the checkout or the separate payment page. Interestingly you can also pay by paypal via Adyen.
I have found the online login bit for merchants to be as flaky and naff on Adyen as other payment gateways of yesteryear - forever timing you out and not letting you in, just really bad UX as banks seem to prefer.
I don't see these blockchain based payment systems as fundamentally solving anything in online payments needed for ecommerce, the Adyen tool kit is pretty large and bits such as the 'token' are not needed in real life, or some of the stranger mobile payment solutions that also promise to change the world as much as the crypto-coin 'promises'.