221–230 of 409 posts
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I've seen such features on business accounts (Wells Fargo ACH Fraud Filter, JPMorgan ACH Debit Block, etc). What bank allows that on a consumer account?
Every bank in Germany allows you to dispute transactions done with Debits.
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> you can't control Well, they're not above the law. They're effectively a bank and must follow the laws in the countries in which they operate.
Paypal is very specifically not a bank and does not have to follow banking regulations
Paypal was granted a banking license seventeen years ago. This has made a lot of people very angry and been widely regarded as a bad move.
The whole purpose of crypto is to exchange money online like we exchange cash in person, so who wants PayPal as a middleman on a tech designed not to have a middleman? Who will use that
The whole purpose of crypto is to exchange money online like we exchange cash in person, so who wants PayPal as a middleman on a tech designed not to have a middleman? Who will use that
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Dude... I can buy anything anywhere. If it supports regular cards, it supports crypto card. My first test was to buy candy btw in the local corner shop in the middle of nowhere. It is really funny how people on HN can be so stubborn.
Fwiw you won't find a supermarket in this country that accepts buying things on credit, much less a local candy store. If that worked for you, it's very specific to wherever you live
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Fortunately I can review direct debit consents and revoke them via my bank's web app UI.
I've seen such features on business accounts (Wells Fargo ACH Fraud Filter, JPMorgan ACH Debit Block, etc). What bank allows that on a consumer account?
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The same can be said for stocks, and they are considered a good investment if you are in the knows. As an example, Tesla lost a third of its value this year.
Stocks convey equity, pay dividends, must do quarterly disclosures, must disclose insider trading activity and, most importantly, are never used for payments. The topic is payments, not investments.
I thought the whole point of a decentralised ledger was not needing companies like PayPal…
The point of cash is that it represents transferrable value that doesn't require an intermediary between you and the person you're transacting with. And yet, banks and credit card companies exist and deal with cash. This does not mean that cash is a useless concept.
I'm both surprised they didn't already, and am more surprised people are still willing to even use PayPal at this point.