I guess Venmo getting acquired by Paypal is going to leave a huge gap in the market. These guys are executing on all cylinders to fill it.
Ribbon Is Building P2P Payments For Consumers, No App Or Account Required
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Re: Ribbon Is Building P2P Payments For Consumers, No App Or Account Required
#12Good luck, I guess. P2P payments are a lousy business because cash, checks and splitting tactics work fine and no one wants to pay a fee for settling up with a friend.
I agree completely. That's why our P2P payments are 100% free for debit cards and bank transfer!
Out of curiosity, what's the revenue model then?
Re: Ribbon Is Building P2P Payments For Consumers, No App Or Account Required
#13Re: Ribbon Is Building P2P Payments For Consumers, No App Or Account Required
#14Earlier quoted context omitted.
I agree completely. That's why our P2P payments are 100% free for debit cards and bank transfer!
Out of curiosity, what's the revenue model then?
Aside from businesses using it...it really really helps that we have a healthy merchant product that is making money at http://o.ribbon.co :)
Re: Ribbon Is Building P2P Payments For Consumers, No App Or Account Required
#15I have high hopes for these guys. Really smart team and they are motivated to solve this problem better than anyone I've met.
Love it! Really appreciate the support.