Archived posting to the Leica Users Group, 2002/02/05
[Author Prev] [Author Next] [Thread Prev] [Thread Next] [Author Index] [Topic Index] [Home] [Search]Paypal serves a niche in a market for small amounts to be transferred online quickly. However, I think going IPO for fund-raising with the intend of going global is stretching it a bit. By the way, I don't see big business using their service unless they change the way they charge business. For example, I have my own business and they charge over 3% on the transaction total for basically just doing money transfer. Is not like credit card companies where they have to pay for you upfront. - --- Nathan Wajsman <wajsman@webshuttle.ch> wrote: > Steven Alexander wrote: > > > Notice in business section today's Boston Globe, > PayPal is offering IPO. > > > > Someone thinks they are doing something correctly. > > As the experience from the past couple of years has > shown, the fact that a > company goes public means little and certainly is at > best tenuously related to > the viability of the business model. It just means > that current management > wants to get rich quick... > > PayPal is a good concept, but I also second Pascal's > frustration. I have tried > twice to register with them and each time the > process failed due to their > apparent inability to process a non-US Visa card. So > my own conclusion is that > PayPal is a fine service for people based in the > U.S. but they should not > represent themselves as providing an international > service when in fact they do > it only in theory. And no, there was nothing wrong > with my card, I followed > their procedures exactly, and I have used this same > card to buy stuff from > US-based merchants many times without any problems. > Hence the problem is with > PayPal, not with me or my bank. > > Nathan > > -- > Nathan Wajsman > Herrliberg (ZH), Switzerland > > e-mail: wajsman@webshuttle.ch > > Photo-A-Week: > http://www.wajsman.com/indexpaw2002.htm > General photo site: http://www.wajsman.com/index.htm > > > -- > To unsubscribe, see http://mejac.palo-alto.ca.us/leica-users/unsub.html __________________________________________________ Do You Yahoo!? Send FREE Valentine eCards with Yahoo! Greetings! http://greetings.yahoo.com - -- To unsubscribe, see http://mejac.palo-alto.ca.us/leica-users/unsub.html