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PayPal on Android lets you bump phones to send money
- jambo 16y agoCongratulations Bump, for helping Max Levchin's original vision for PayPal, as described in Founders at Work, come to fruition.
- thinkcomp 16y agoFor the record, so does FaceCash (http://www.facecash.com http://www.facecash.com) on Android, and we don't charge fees for person-to-person transfers!
- someone_here 16y agoIt would be sweet if this service (or any service, for that matter) was more widespread. A bit of a chicken and the egg problem here, though.
- thinkcomp 16y agoIt's great to hear you say so. We're working hard to get more merchants (not just ones in Palo Alto) signed up. The more people you tell about it, the easier it is for us.
- farmerbuzz 16y agoI haven't used paypal via phone, but paypay via the web is free for person-to-person transfers as long as you mark the transfer as such. There is only a charge when transferring to a merchant.
- thinkcomp 16y agoNot sure about that. My landlord can't accept rent via PayPal without paying a huge fee, and that's when I've funded my transfer via ACH. He doesn't have a merchant account, just an individual account.
- minouye 16y agoIMO paying rent wouldn't count as a P2P transaction. I've used Paypal for years to pay friends, and there have never been any fees.
- thinkcomp 16y agoI think it was because of the transaction volume. Once you get past $3,000.00USD it looks like you automatically become a merchant with PayPal, even if you're not. https://www.paypal.com/us/cgi-bin/webscr?cmd=_fees-rate-about-outside https://www.paypal.com/us/cgi-bin/webscr?cmd=_fees-rate-abou...
- mahmud 16y agoWow, it took them a decade and billions of dollars in revenues to realize their original, petty goal. I hope I don't become a famous billionaire astronaut Fields medalist, before I realize my vanity goal of getting a six-pack. That would suck.
- kirubakaran 16y agoYeah, that would suck.
- miah_ 16y agoCongratulations. Now quit screwing your customers and I might decide to give that company money again.
- mahmud 16y agoYou haven't cried until Amazon owed you money :-| I have never felt so helpless in my life. Had about 4k with them, and their excuse for not giving me my money was "you're selling way too many books too fast". To get my money, I had to take a mugshot, holding up tens of USPS receipts with a pile of books behind me (as if it wasn't enough I was selling my most precious collections, if not friends.)
- sliverstorm 16y agoThat doesn't sound so bad really. A photo is just a photo, they made 'proof' pretty painless and it's easy to see why they would do a double take if a non-company nobody is selling $4,000 in books.
- mahmud 16y ago10 weeks went between photo and payment.
- Qz 16y agoCan you bump a Droid with an iPhone yet?
- thinkcomp 16y agoYes, with our software you can. I'm guessing it works with PayPal too since it's the same library.
- derwiki 16y agoHe was probably asking specifically for the Paypal app. Not that this isn't a good thread to talk about your startup, but the question seemed pretty direct and your response didn't answer it past "I'm guessing"
- thinkcomp 16y ago...and your answer, which provides no additional information, begins with "probably." I was trying to (and did) answer the question: it's the same library, so the fact that it works with one application tells you something about the rest.
- qq66 16y agoWhy didn't they just roll their own Bump technology? Can't be that hard to do, and now they're dependent on Bump.
- Timothee 16y agoThe Bump technology is probably more complicated than it looks, especially when it comes to insuring that a transaction is unique, valid and can't be intercepted (the way a Paypal transaction needs to be).
- Natsu 16y agoThat headline is a bit ambiguous when Bump isn't capitalized. For a moment, I thought that it was a bug where if you bumped the wrong button on the phone accidentally, you could send money accidentally and wondered if we had a new Antennagate type of problem.
- butterfi 16y agoI'm sure this is a fine product, but as a consumer I would need a little education on this product, because the very first thing that came to my mind was "accident waiting to happen."