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I'm actually delighted to hear this. Every company seems to have slapped on a send money button on their app (gmail, fb, snapchat come to mind). My understandin
by TACIXAT 7y ago
I'm actually delighted to hear this. Every company seems to have slapped on a send money button on their app (gmail, fb, snapchat come to mind). My understanding is they were all taking a loss in hopes that it massively took off and they could capture that market (venmo is still unprofitable). I would much rather someone find an efficiency that allows them to run a profitable payments platform than have all these big players drown the market by dumping money into it.
- frosted-flakes 7y agoOr make it a standard, the way Interac E-transfer is in Canada (almost always free, instant, and everyone already has it). https://www.interac.ca/en/interac-e-transfer-consumer.html https://www.interac.ca/en/interac-e-transfer-consumer.html