11 Sep '12, 4pm

Exactly How Screwed Is PayPal? (Hint: Very) by @sarahcuda via @pandodaily #bitcoin

There appears to be 3 key elements to payment processing. i) Fees Charged, ii) Fraud capabilities and iii) Ease of working with the organization. I think this article focused on the 3rd bullet point only which perhaps limited its effectiveness. It certainly did a good job of capturing the sentiments right now in the space around that third bullet point. And for developers the 3rd group is the most important. However, it would have been nice to see some discussions around the other bullet points as they matter more to non developers within an organization. Many of the debates around Stripe, if negative, are folks that scoff at paying higher fees forever just to save a couple of days up front and work with a nicer API (although amongst developers these are truly in the minority) Lastly, like Square, I think Stripe has done an amazing job of growing the TAM. Just like Square,...

Full article: http://pandodaily.com/2012/07/14/exactly-how-screwed-is-p...

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No Paypal between Argentinians that's a very odd bit of policy indeed. Bitcoin implications?

No Paypal between Argentinians that's a very od...

thenextweb.com 14 Sep '12, 4am

As of October 9th, Argentine residents won’t be able to use PayPal to transfer funds between them. This is the announced r...