4 ms·

provide the same basic functionality (perhaps make it easier to use), and improve customer service. i'd be willing to pay somewhat more for the same service if

by noodle 16y ago

provide the same basic functionality (perhaps make it easier to use), and improve customer service. i'd be willing to pay somewhat more for the same service if i have more of an assurance that my funds won't get frozen/confiscated/etc., and/or if the product were easier to work with. edit: hell, if wepay is partnering with a bank, if they can set things up so that i can get a debit card associated with that account and accept transfers, i'd use it as my primary business account for at least my smaller online business stuff.

jasonlotito 16y ago
None of that would disrupt PayPal. You can't just provide the same basic functionality of PayPal. If you could, I'd have done it a long time ago. The problem is with the credit card companies. As for debit cards, those are easy to get. Incredibly easy, and easy to integrate with as well. Again, it's nothing special. I've been there, I've done it. A complete system where you could transfer money into your account tied to a debit card, send money, receive money, automated API, etc. It sounds great on paper, but really, none of this is disruptive.
- noodle 16y ago
  being disruptive doesn't necessarily imply success. in what way do you think wepay right now is disruptive? plus, its not like paypal was the first online payments system. sometimes its about timing, and at this point in time, there are a lot of people who are really angry with paypal.
  - jasonlotito 16y ago
    > sometimes its about timing, and at this point in time, there are a lot of people who are really angry with paypal. "At this point in time" has been for more than a decade. People have always been angry with PayPal. > in what way do you think wepay right now is disruptive? I don't think it is. It's not at all disruptive to PayPal. And I'm not even talking about the biggest limiting factor right now for WePay: lack of support for non-US payments.
    - noodle 16y ago
      > People have always been angry with PayPal. and yet people don't have a viable alternative that provided the same or similar serivces. i'd stop using it almost immediately if had one. > I don't think it is. It's not at all disruptive to PayPal then why does it matter if it pivots or not?
      - jasonlotito 16y ago
        > then why does it matter if it pivots or not? You've lost me. I never said anything about this. Maybe your confusing me with someone else?
- jimbokun 16y ago
  "As for debit cards, those are easy to get. Incredibly easy, and easy to integrate with as well. Again, it's nothing special. I've been there, I've done it. A complete system where you could transfer money into your account tied to a debit card, send money, receive money, automated API, etc." So...what's left, then, to lock people into PayPal? Are you saying that if you can just get people to use debit instead of credit, it's easy to provide all the same services as PayPal? Certainly sounds like the necessary infrastructure is in place for whoever wants to take a shot at being a PayPal disruptor at least.
  - jasonlotito 16y ago
    No, no, I'm not saying that. Sure, anyone can get debit cards for their company, but you still have to have people deposit money into that account. And why are they going to do that? You'd have to have merchants. Credit cards work because they are widely accepted. If no merchants accepted credit cards, they wouldn't be as useful. > Certainly sounds like the necessary infrastructure is in place for whoever wants to take a shot at being a PayPal disruptor at least. The infrastructure is there. That hasn't been the problem for a long time now.

by noodle 16y ago

jasonlotito 16y ago

None of that would disrupt PayPal. You can't just provide the same basic functionality of PayPal. If you could, I'd have done it a long time ago. The problem is with the credit card companies. As for debit cards, those are easy to get. Incredibly easy, and easy to integrate with as well. Again, it's nothing special. I've been there, I've done it. A complete system where you could transfer money into your account tied to a debit card, send money, receive money, automated API, etc. It sounds great on paper, but really, none of this is disruptive.

noodle 16y ago
being disruptive doesn't necessarily imply success. in what way do you think wepay right now is disruptive? plus, its not like paypal was the first online payments system. sometimes its about timing, and at this point in time, there are a lot of people who are really angry with paypal.
- jasonlotito 16y ago
  > sometimes its about timing, and at this point in time, there are a lot of people who are really angry with paypal. "At this point in time" has been for more than a decade. People have always been angry with PayPal. > in what way do you think wepay right now is disruptive? I don't think it is. It's not at all disruptive to PayPal. And I'm not even talking about the biggest limiting factor right now for WePay: lack of support for non-US payments.
  - noodle 16y ago
    > People have always been angry with PayPal. and yet people don't have a viable alternative that provided the same or similar serivces. i'd stop using it almost immediately if had one. > I don't think it is. It's not at all disruptive to PayPal then why does it matter if it pivots or not?
    - jasonlotito 16y ago
      > then why does it matter if it pivots or not? You've lost me. I never said anything about this. Maybe your confusing me with someone else?
jimbokun 16y ago
"As for debit cards, those are easy to get. Incredibly easy, and easy to integrate with as well. Again, it's nothing special. I've been there, I've done it. A complete system where you could transfer money into your account tied to a debit card, send money, receive money, automated API, etc." So...what's left, then, to lock people into PayPal? Are you saying that if you can just get people to use debit instead of credit, it's easy to provide all the same services as PayPal? Certainly sounds like the necessary infrastructure is in place for whoever wants to take a shot at being a PayPal disruptor at least.
- jasonlotito 16y ago
  No, no, I'm not saying that. Sure, anyone can get debit cards for their company, but you still have to have people deposit money into that account. And why are they going to do that? You'd have to have merchants. Credit cards work because they are widely accepted. If no merchants accepted credit cards, they wouldn't be as useful. > Certainly sounds like the necessary infrastructure is in place for whoever wants to take a shot at being a PayPal disruptor at least. The infrastructure is there. That hasn't been the problem for a long time now.