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Re:Owning Payment.ly by PHPAdam on Saturday January 29, 2011 @04:28PM (#2156428)
Competing with Paypal, Google Checkout and the rest would be difficult without major funding. You need to find a USP such as https://squareup.com or http://flattr.com/

If a USP to compete with the likes does not come to mind, then find a niche business activity that makes payments. Then design it around their and their customers requirements, I have a similar project on the drawing board.

Re:Owning Payment.ly by entrepreneurial on Saturday January 29, 2011 @04:44PM (#2156479)
Yes, competing would be and we do have a USP. Some parts of our services are similar with the traditional payment companies (google checkout and paypal) which will allow us to take part of their market share.