4 ms·
I think the problem is that PayPal almost have a monopoly on e-commercial market, and because of the stickiness of users, it's hard to break the monopoly.
by daix 10y ago
I think the problem is that PayPal almost have a monopoly on e-commercial market, and because of the stickiness of users, it's hard to break the monopoly.
- Cthulhu_ 10y agoThere's plenty of alternative payment providers that should work just fine for most people (credit cards, bank payment portals, etc).
- syshum 10y agoI do not believe they have a monoply any more. a few years ago they where much more prolifict, I paid for ALOT of things via paypal. in the last 5 years I have made 0 transactions on paypal. With Amazon, Stripe, and others merchant solutions, as well as Apple and Google geting into the game soon for webpayments in addition to app paymets I do not believe the reliance on paypal as a quick way to process credit cards for business is as high as it was, further the reluctance for consumers to enter their credit card data never really materialized. Currently I think a business that only has PayPal as a payment option is harming their business, while you might keep it around for those few users that still only want to use paypal if I see an option to use anything other than paypal I will take it.
- outworlder 10y ago> With Amazon, Stripe, and others merchant solutions, as well as Apple and Google geting into the game soon for webpayments Most merchant solutions you mention are only available in a handful of countries. Paypal way more widespread.