Re:What happens when you pay PayPal $15k in fees?
by jseliger on Thursday July 06, 2017 @05:56PM
(#14714272)
I'm baffled by the ongoing willingness to use Paypal. It's been a terrible company since seemingly forever. 116 days I wrote a comment about how terrible it is: https://news.ycombinator.com/item?id=13851855 that in turn references my own horror story, from more than a decade ago, 28 days before that: https://news.ycombinator.com/item?id=13624393.
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Re:What happens when you pay PayPal $15k in fees?
by RcouF1uZ4gsC on Thursday July 06, 2017 @09:27PM
(#14715335)
This is because consumers love PayPal. It means I am not giving my credit card to a potentially shady person and that I have a way to cancel the service. I also have 1 place where I can see all my subscriptions, so I don't keep subscribed to services I don't use but forgot about.
In general, if there are two equivalent options and one takes PayPal and the other doesn't, I am going with the one that takes PayPal.
Re:What happens when you pay PayPal $15k in fees?
by CodeWriter23 on Friday July 07, 2017 @10:01AM
(#14718358)
As a consumer, I prefer Stripe's interface. It is low friction; I enter my details one a site when making a purchase, and if I opt-in, those details are available on any site using Stripe. And protected behind SMS temp passwords.
Re:What happens when you pay PayPal $15k in fees?
by watter on Saturday July 08, 2017 @07:25AM
(#14725029)
A credit card is insured. I am not sure I can say the same about the mandatory connction between Paypal and my bank account. It is much riskier to use Paypal than to give a stranger your cc number.
Re:What happens when you pay PayPal $15k in fees?
by tedmc on Thursday July 06, 2017 @11:34PM
(#14715825)
Because my conversion rates go up when we use it, and down when we don't. Sure, you can add social proof, but like any platform you take your chances and plan for when they lose their mind.
Re:What happens when you pay PayPal $15k in fees?
by CodeWriter23 on Friday July 07, 2017 @09:59AM
(#14718344)
Interesting. Looks like you created this account less than a day ago, just to make this lone comment.