Innovation Nation: WePay is the anti-PayPal

#1

Post by pg » Tue, Oct 12, 2010, 5:35 PM UTC

Innovation Nation: WePay is the anti-PayPal
money.cnn.com

Re: Innovation Nation: WePay is the anti-PayPal

#2

Post by wccrawford » Tue, Oct 12, 2010, 6:07 PM UTC

This is not an 'anti-PayPal' in any way, shape or form.

They offer a service that PayPal doesn't yet. It is not opposed to PayPal and it doesn't replace PayPal's services at all.

Re: Innovation Nation: WePay is the anti-PayPal

#3

Post by joeuser12 » Tue, Oct 12, 2010, 6:11 PM UTC

wccrawford wrote: post #2

This is not an 'anti-PayPal' in any way, shape or form. They offer a service that PayPal doesn't yet. It is not opposed to PayPal and it doesn't replace PayPal's services at all.

PayPal has a group payment product - https://www.paypal-collect-money.com/?adtrack=2 If that is not the same in any way, shape or form, then you have a really odd view of the world.

Re: Innovation Nation: WePay is the anti-PayPal

#4

Post by noodle » Tue, Oct 12, 2010, 6:12 PM UTC

wccrawford wrote: post #2

This is not an 'anti-PayPal' in any way, shape or form. They offer a service that PayPal doesn't yet. It is not opposed to PayPal and it doesn't replace PayPal's services at all.

i think they said "the anti-" and meant "complementary to"

Re: Innovation Nation: WePay is the anti-PayPal

#5

Post by pg » Tue, Oct 12, 2010, 6:13 PM UTC

wccrawford wrote: post #2

This is not an 'anti-PayPal' in any way, shape or form. They offer a service that PayPal doesn't yet. It is not opposed to PayPal and it doesn't replace PayPal's services at all.

Presumably the author means anti- in the sense it's used in anti-matter, not the sense it's used in anti-globalization.

Re: Innovation Nation: WePay is the anti-PayPal

#6

Post by clistctrl » Tue, Oct 12, 2010, 6:26 PM UTC

The CEO was a speaker at this years startup bootcamp, it was an interesting talk. http://blog.wepay.com/2010/10/wepay-ceo-bill-clerico-at-star...

Re: Innovation Nation: WePay is the anti-PayPal

#7

Post by triii » Tue, Oct 12, 2010, 6:37 PM UTC

pg wrote: post #5

wccrawford wrote: post #2

This is not an 'anti-PayPal' in any way, shape or form. They offer a service that PayPal doesn't yet. It is not opposed to PayPal and it doesn't replace PayPal's services at all.

Presumably the author means anti- in the sense it's used in anti-matter, not the sense it's used in anti-globalization.

When WePay & PayPal touch they'll annihilate eachother with a huge burst of energy? :)

Too bad headlines need to be clickable rather than accurate.

Re: Innovation Nation: WePay is the anti-PayPal

#8

Post by [deleted] » Tue, Oct 12, 2010, 6:42 PM UTC

noodle wrote: post #4

wccrawford wrote: post #2

This is not an 'anti-PayPal' in any way, shape or form. They offer a service that PayPal doesn't yet. It is not opposed to PayPal and it doesn't replace PayPal's services at all.

i think they said "the anti-" and meant "complementary to"

[deleted]

Re: Innovation Nation: WePay is the anti-PayPal

#9

Post by billclerico » Tue, Oct 12, 2010, 6:45 PM UTC

wccrawford wrote: post #2

This is not an 'anti-PayPal' in any way, shape or form. They offer a service that PayPal doesn't yet. It is not opposed to PayPal and it doesn't replace PayPal's services at all.

i agree to some extent. our service is not directly competitive with paypal's core business. however - we consider ourselves very anti-paypal when it comes to our culture and the way we treat & market to customers

Re: Innovation Nation: WePay is the anti-PayPal

#10

Post by jfager » Tue, Oct 12, 2010, 6:47 PM UTC

I have long wondered why Facebook doesn't do this. Group birthday gifts, wedding registries, basically any social scenario where money needs to change hands, it seems like FB would be so well positioned to take an honest buck from.