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WePay Drops 600lbs of ice in front of PayPal Conference

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Re: WePay Drops 600lbs of ice in front of PayPal Conference

#121

Post by zaidf »

jacquesm wrote: post #10

What a funny way to grab a ton of free press. They must have planned this for some time given the logistics involved and the time it takes to freeze quantity of water that size and get a nice and clear chunk. My own paypal saga isn't over yet, though there have been some surprising developments. I sincerely hope that someone will one of these days replace paypal with a better way of doing peer-to-peer payments, but o…

I hope I don't jinx myself but I have been using PayPal for better part of the decade. So far there have been very few issues. No random account locks.

More recently, I had two payment disputes by scumbags. In both instances, I called up paypal and less than 2 minutes of conversation later, I had my money back in my account. Blew me away. I honestly had written those disputes off going by what I'd heard.

I remain in two minds about attacking paypal for account blocks. Almost every company that dares go after this space will have to do their fair share of blocks or risk losing money to fraud. Obviously when you do blocks, innocent bystanders may get caught. I don't think that is a paypal problem as much as it is an industry reality. PayPal's just at a scale where you hear a lot more stories.

Until there is a competitor with some sort of scale that does not need to do account blocks, I'm not sold on attacking PP.

Re: WePay Drops 600lbs of ice in front of PayPal Conference

#122

Post by superjared »

hugh3 wrote: post #84
mlinsey wrote: post #54

Earlier quoted context omitted.

I think you mean PayPal pulled a similar guerilla marketing stunt, unless the people wearing the t-shirts were trained monkeys. ;)

If you want to be nitpicky, gorillas aren't monkeys. edit: Really, people? You modded me up to 17 for making a nitpick about simian taxonomy?

You forget your place, sir.

Re: WePay Drops 600lbs of ice in front of PayPal Conference

#124

Post by [deleted] »

hugh3 wrote: post #84
mlinsey wrote: post #54

Earlier quoted context omitted.

I think you mean PayPal pulled a similar guerilla marketing stunt, unless the people wearing the t-shirts were trained monkeys. ;)

If you want to be nitpicky, gorillas aren't monkeys. edit: Really, people? You modded me up to 17 for making a nitpick about simian taxonomy?

[deleted]

Re: WePay Drops 600lbs of ice in front of PayPal Conference

#128

Post by John212 »

caf wrote: post #118
nkassis wrote: post #79

Earlier quoted context omitted.

"International wire transfers are a lot harder to do without actually visiting a branch of the bank I'm with and filling out a bunch of forms, and they take much longer to process too." That's my personal problem too. Sending money from US to Canada or Canada to the US is a pain. If only they had the same check clearance system, it would solve so much. Same as how having similar phone numbers makes it so much easier.

I can do international wire transfers straight from my bank's online interface - is there a regulatory reason that US and Canadian banks can't offer something similar?

Nope, we have this too. I know Chase & BoA both do it online.

Re: WePay Drops 600lbs of ice in front of PayPal Conference

#129

Post by netcan »

zaidf wrote: post #121
jacquesm wrote: post #10

What a funny way to grab a ton of free press. They must have planned this for some time given the logistics involved and the time it takes to freeze quantity of water that size and get a nice and clear chunk. My own paypal saga isn't over yet, though there have been some surprising developments. I sincerely hope that someone will one of these days replace paypal with a better way of doing peer-to-peer payments, but o…

I hope I don't jinx myself but I have been using PayPal for better part of the decade. So far there have been very few issues. No random account locks. More recently, I had two payment disputes by scumbags. In both instances, I called up paypal and less than 2 minutes of conversation later, I had my money back in my account. Blew me away. I honestly had written those disputes off going by what I'd heard. I remain in…

In Australia, businesses usually go through banks for online payment via credit cards. The banks are under similar constraints and chargeback fraud is a serious problem. Just because you delivered a product & have a signature doesn't mean the customer can't call the CC company, lie and get their money back. That doesn't even touch on stolen numbers and such.

However, when you deal with your bank, you usually have a business banker with a name, a phone number and an office. You are never in a hopeless support ticket black hole. That makes a big difference.

Re: WePay Drops 600lbs of ice in front of PayPal Conference

#130

Post by zaidf »

netcan wrote: post #129
zaidf wrote: post #121

Earlier quoted context omitted.

I hope I don't jinx myself but I have been using PayPal for better part of the decade. So far there have been very few issues. No random account locks. More recently, I had two payment disputes by scumbags. In both instances, I called up paypal and less than 2 minutes of conversation later, I had my money back in my account. Blew me away. I honestly had written those disputes off going by what I'd heard. I remain in…

In Australia, businesses usually go through banks for online payment via credit cards. The banks are under similar constraints and chargeback fraud is a serious problem. Just because you delivered a product & have a signature doesn't mean the customer can't call the CC company, lie and get their money back. That doesn't even touch on stolen numbers and such. However, when you deal with your bank, you usually have a b…

It's not as hopeless with PayPal as it was in earlier years. Now you can get someone on the phone within a few minutes.
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