4 ms·

It's funny PandoDaily was just talking about the demise of PayPal too. http://pandodaily.com/2012/07/14/exactly-how-screwed-is-paypal-hint-very/ http://pandodai

It's funny PandoDaily was just talking about the demise of PayPal too. http://pandodaily.com/2012/07/14/exactly-how-screwed-is-paypal-hint-very/ http://pandodaily.com/2012/07/14/exactly-how-screwed-is-payp... PayPal's payment volume grew 24% y/o/y to $34 billion' as well.. http://seekingalpha.com/article/513741-ebay-poised-for-paypal-growth http://seekingalpha.com/article/513741-ebay-poised-for-paypa.... I hate to admit it, but PayPal is not going anywhere

kuida0r3 14y ago
Is there a lower resistance alternative for a general consumer transferring money to a friend over the web/mobile phone? I default to using PayPal since the chances of my friend having a Paypal account is higher than the newer services.
- Sidnicious 14y ago
  Venmo (agreed, it's a newer service and not everyone has an account yet, but it's the easiest/lowest friction one I've seen.)
- BallinBige 14y ago
  sending money P2P with the paypal app is fairly friction-less. Either way - this is great news for an industry (Fin-Tech) that needs more alternatives and more transparency
- eridius 14y ago
  I've been experimenting with Dwolla lately. They charge $0.25 per transaction over $10 (and nothing for under $10). The downside is they skip credit cards and go straight for your bank account so you a) need to hook up your bank account to them (which I did for PayPal anyway), and b) unless you have money hanging out in your Dwolla account, paying someone takes 3 days for the bank transfer to clear (which, again, is going to happen with PayPal anyway if you use a bank and don't run a balance, like me). My only real problem with Dwolla is their iOS app sucks, and their website isn't a whole lot better. But I've had no problems with their actual service, although I've only transferred a few hundred dollars so far.

4 ms·

It's funny PandoDaily was just talking about the demise of PayPal too. http://pandodaily.com/2012/07/14/exactly-how-screwed-is-paypal-hint-very/ http://pandodai

by BallinBige 14y ago

kuida0r3 14y ago
Is there a lower resistance alternative for a general consumer transferring money to a friend over the web/mobile phone? I default to using PayPal since the chances of my friend having a Paypal account is higher than the newer services.
- Sidnicious 14y ago
  Venmo (agreed, it's a newer service and not everyone has an account yet, but it's the easiest/lowest friction one I've seen.)
- BallinBige 14y ago
  sending money P2P with the paypal app is fairly friction-less. Either way - this is great news for an industry (Fin-Tech) that needs more alternatives and more transparency
- eridius 14y ago
  I've been experimenting with Dwolla lately. They charge $0.25 per transaction over $10 (and nothing for under $10). The downside is they skip credit cards and go straight for your bank account so you a) need to hook up your bank account to them (which I did for PayPal anyway), and b) unless you have money hanging out in your Dwolla account, paying someone takes 3 days for the bank transfer to clear (which, again, is going to happen with PayPal anyway if you use a bank and don't run a balance, like me). My only real problem with Dwolla is their iOS app sucks, and their website isn't a whole lot better. But I've had no problems with their actual service, although I've only transferred a few hundred dollars so far.