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PayPal also allowed internet payments without requiring handing over credit card details to a third party. Handing your credit card number to every two-but e-co
by slv77 1mo ago
PayPal also allowed internet payments without requiring handing over credit card details to a third party. Handing your credit card number to every two-but e-commerce site pretty much guaranteed your card would be compromised. Today PCI requirements and tokenization reduce the risks substantially and Apple Pay and Google Pay add another layer of protection.
- ethbr1 1mo agoApparently first mover advantage (with about a decade head start?) still counts for a lot. https://www.chargeflow.io/blog/paypal-statistics-facts#paypal-market-share-2026-overview https://www.chargeflow.io/blog/paypal-statistics-facts#paypa... That estimates PayPal still has 40%+ online payment market share. I'm assuming a lot of that is long-tail 'I put a PayPal link on my store in 2005' stuff, but I imagine those add up. And they're also probably a sticky customer base, in the sense that anyone still using PayPal as primary today doesn't like changing things, which makes acquiring those customers worth it.