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Re:Ribbon Is Building P2P Payments For Consumers, No App Or ... by pbreit on Wednesday November 20, 2013 @07:37PM (#6772334)
Good luck, I guess. P2P payments are a lousy business because cash, checks and splitting tactics work fine and no one wants to pay a fee for settling up with a friend.
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Re:Ribbon Is Building P2P Payments For Consumers, No App Or ... by kloncks on Wednesday November 20, 2013 @08:55PM (#6772612)
I agree completely.

That's why our P2P payments are 100% free for debit cards and bank transfer!

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Re:Ribbon Is Building P2P Payments For Consumers, No App Or ... by ceejayoz on Wednesday November 20, 2013 @10:25PM (#6772874)
Out of curiosity, what's the revenue model then?
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Re:Ribbon Is Building P2P Payments For Consumers, No App Or ... by kloncks on Wednesday November 20, 2013 @10:43PM (#6772938)
Aside from businesses using it...it really really helps that we have a healthy merchant product that is making money at http://o.ribbon.co :)
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Re:Ribbon Is Building P2P Payments For Consumers, No App Or ... by krrishd on Wednesday November 20, 2013 @07:13PM (#6772241)
I kinda wish the focus was still on the merchant accounts, I'm building a whole eCommerce app with the Ribbon service and AngularJS, but I'm worried that it will be rendered useless if the merchant service is ditched....
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Re:Ribbon Is Building P2P Payments For Consumers, No App Or ... by kloncks on Wednesday November 20, 2013 @09:34PM (#6772710)
Not planning on ditching. I would love to hear more about what you're building -- [email protected] :)
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Re:Ribbon Is Building P2P Payments For Consumers, No App Or ... by gailees on Wednesday November 20, 2013 @10:00PM (#6772792)
I guess Venmo getting acquired by Paypal is going to leave a huge gap in the market. These guys are executing on all cylinders to fill it.
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Re:Ribbon Is Building P2P Payments For Consumers, No App Or ... by magerleagues on Wednesday November 20, 2013 @09:49PM (#6772758)
I have high hopes for these guys. Really smart team and they are motivated to solve this problem better than anyone I've met.
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Re:Ribbon Is Building P2P Payments For Consumers, No App Or ... by kloncks on Wednesday November 20, 2013 @10:44PM (#6772940)
Love it! Really appreciate the support.
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Re:Ribbon Is Building P2P Payments For Consumers, No App Or ... by dwaltrip on Wednesday November 20, 2013 @07:24PM (#6772284)
How are they doing p2p USD payments? Is it bank account directly to bank account?
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Re:Ribbon Is Building P2P Payments For Consumers, No App Or ... by milkmanjr on Wednesday November 20, 2013 @08:25PM (#6772518)
They may be taking the Square approach which is "refunding" debit cards with the amount of the transaction.
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Re:Ribbon Is Building P2P Payments For Consumers, No App Or ... by kloncks on Wednesday November 20, 2013 @09:34PM (#6772709)
We're doing cards (both debits and credits) and we'll also do direct bank to bank.
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Re:Ribbon Is Building P2P Payments For Consumers, No App Or ... by deweller on Wednesday November 20, 2013 @06:57PM (#6772175)
Not to be confused with Ripple (https://ripple.com/) which is a credit-based P2P payments protocol.
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