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Customers Forcing Changes at PayPal
- thomden 14y agoWith competition from Square I hope that PayPal is finally being forced to mend its evil ways.
- manveru 14y agoI doubt they'll change much outside the US.
- deleted 14y ago[deleted]
- ExpiredLink 14y agoSo what is Square's loss rate?
- dmix 14y agoFew companies cause me physical discomfort when I hear their name, PayPal will always be one of them (among GoDaddy and Rogers Communications).
- Evbn 14y agoPaypal and Rogers are due facto monopolies, which naturally leads to evil. GoDaddy achieves that honor squarely by catering to the worst in all of us ("run your website on a nascar driver striptease that never stops teasing!"), and most of us oblige.
- nodata 14y agoand most YCombinator companies still use GoDaddy. Bizarre.
- gav 14y agoIt's interesting that they list their loss rate at 0.3%. I'm sure that's pretty low compared to their customers. I've seen a lot higher in ecommerce, and for retail shrinkage is usually around 1.5%.
- invisible 14y agoI'm currently in the middle of a crappy situation with PayPal. Anecdotal as that may be, I don't think they're ever going to "get better." Besides how they operate their business, their developer API is the work of 10+ years of legacy, cruft, and no innovation.