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Regarding: Paypal isn't used much by European websites, other than the ones targetting the whole world I completely disagree, in England most websites allo
by itsprofitbaron 15y ago
Regarding:
Paypal isn't used much by European websites, other than the ones targetting the whole world
I completely disagree, in England most websites allow the ability to Pay Via PayPal even specifically stores which only sell to those in the United Kingdom.
Referring to the economic region of Europe, and the fact that we all have our own banks and...
What I would like to see is a universal payment provider with the same reputation as a regular, trustworthy bank
Well PayPal actually is a universal payment provider [1] as it has a European Union banking license and is regulated as a bank by the CSSF where it was previously a Electronic Money Issuer which was approved by the FSA from 2004 until 2007 when it moved to Luxembourg. Actually because of that, UK customers aren't able to obtain legal redress from the company in UK Courts.
[1] http://www.telegraph.co.uk/finance/markets/2808982/PayPal-becomes-a-bank-to-fight-off-Google.html http://www.telegraph.co.uk/finance/markets/2808982/PayPal-be...
- dirkdeman 15y agoThanks for clearing that up, I was not aware that PayPal had such a big presence in the UK. What I meant with the second quote though is that, although I know PayPal is a universal payment provider, it lacks the reputation that brick ´n mortar banks have. Maybe this is different in the UK, but here on the mainland there are some major trust issues with PayPal.