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When Dwolla does this for consumer to consumer, internationally (US->other countries), they will eat Moneygram & Western Union's lunch, and diner, and breakfast
by rokhayakebe 15y ago
When Dwolla does this for consumer to consumer, internationally (US->other countries), they will eat Moneygram & Western Union's lunch, and diner, and breakfast, and snack.
- dangrossman 15y agoOr they themselves will be eaten by fraud of all scales coming from a million different places, like most of PayPal's competitors 10 years ago. The odds are not weighed in their favor.
- rokhayakebe 15y agoPaypal, and other companies, have a pretty good handle on fraud now. They can aggressively hire security engineers from the industry.
- smackfu 15y agoAre those companies really doing that many web transactions? I assumed most of their business immigrants wiring cash home from storefront offices. Which Dwolla isn't really a competitor for.