2 ms·
The issue is the regulation around being a money transfer agent. Earnings in Tipjoy can be dedicated to a charity or cashed out with an Amazon gift card. This h
by ivankirigin 18y ago
The issue is the regulation around being a money transfer agent. Earnings in Tipjoy can be dedicated to a charity or cashed out with an Amazon gift card. This has happened a bunch.
We'll let you cash out to PayPal or a checking account as we complete the lengthy paperwork for the licensing.
- bluelu 18y agoSo what's the difference to paypal then? If you ahve to cashout to paypal, why not add a donate paypal button at your website instead of te tipjoy button.
- ivankirigin 18y agoBecause the PayPal donate button is a macropayment that takes a lot of thought and effort compared to Tipjoy. Also, we're a layer above other payment processors, which means you won't need to use PayPal eventually if you don't want to. Lots of people actually hate PayPal.
- bluelu 18y agoIt's true that it's easier to donate something with one click. It's also not new to me taht some people don't like them. But money business is a hard business with all the illegal money laundring going on around the world. I wish you the best of luck, but I think it will be very hard competing with paypal