Introducing Mint PayBack • Hacker News Board

Re: Introducing Mint PayBack

#21

Post by dangrossman » Sat, Mar 31, 2012, 8:52 AM UTC

ilaksh wrote: post #18

I wish someone would make something like this but automatically transfer to your bank account. I don't see why PayPal doesn't have that option. Whenever I receive more than 50 bucks or whatever I always want to withdraw it to my bank account.

PayPal does have this option for premier and business accounts (which have no monthly fees). Under the withdraw tab, click "Settlement Withdrawal Preferences". Here you can enable automatic daily withdrawal to your bank account.

Re: Introducing Mint PayBack

#22

Post by tripzilch » Sat, Mar 31, 2012, 9:50 AM UTC

How's this different from logging onto my online bank account, and transferring the amount to the account number of my friend via text message authentication? Except that it's not free but they take a $0.99 cut?

Why would I want to pay for the privilege of transferring money?

Now if it'd make international transfers easier... But still, $0.99 is pretty steep IMO.

Re: Introducing Mint PayBack

#23

Post by tripzilch » Sat, Mar 31, 2012, 9:52 AM UTC

bdon wrote: post #14

epikur wrote: post #3

$0.99/transaction is quite steep compared to Venmo (free).

I love how the text "Mint collects $0.99 for each transaction" is the only thing on the entire page colored that particular shade of grey, which somehow makes it even more conspicuous (while obviously being intended to be the opposite)

Yeah, I got exactly the same impression, as if they were trying to sneak it past me, or something.

Why not just be upfront and advertise your fees openly?

Re: Introducing Mint PayBack

#24

Post by was_fred » Sat, Mar 31, 2012, 1:05 PM UTC

Anybody seen paybaq.com? Similar, first 5 transactions free, and you have a little more control over the transaction. I've been using it for a couple months and like it.

Re: Introducing Mint PayBack

#25

Post by dailyllama » Sat, Mar 31, 2012, 1:51 PM UTC

pbreit wrote: post #17

Interesting that it's Mint branded as opposed to Intuit, Quicken or something new. It looks like there's a decent chance that there is no service whatsoever behind the interest-collection and survey. Not a bad strategy for gauging interest, I guess.

Intuit has a service akin to this, that adds a pay-by-web link to each invoice sent from QuickBooks. Except it costs $0.50.