| ▲ | rekttrader 2 hours ago |
| Diligence told them they’re buying a almost dead payment processor with ancient tech. Customer lists are worth something but not that much. |
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| ▲ | sho_hn 2 hours ago | parent | next [-] |
| Curious to hear from someone who watches this space. What makes them dead? It's still the only consistently supported thing I encounter online. I'm aware things like Wero are poised to shake things up, but still have no real idea about timeline and impact. |
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| ▲ | nostrebored 38 minutes ago | parent | next [-] | | Maybe we’re doing different things or in different regions, but I rarely see pay with PayPal now. | | | |
| ▲ | OrangeDelonge 22 minutes ago | parent | prev | next [-] | | Are you in Germany by chance? | |
| ▲ | LoganDark 33 minutes ago | parent | prev [-] | | The other consistently supported thing is card numbers. I generate virtual card numbers for every merchant, no need for some suspicious interloper. For non-recurring or one-off transactions -- new virtual card for each purchase. |
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| ▲ | inigyou 19 minutes ago | parent | prev | next [-] |
| PayPal is still the default processor in so many places. That's got to be worth something. Every other time I buy something online, PayPal is the default option. |
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| ▲ | enos_feedler 2 hours ago | parent | prev | next [-] |
| Elon bought a dead social network and look at him go! But seriously, I log into paypal once a month to pay my landlord. I am a MAU. That is crazy. It’s more then I can say for ABNB. Maybe they should buy Paypal. Save on those transaction fees. |
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| ▲ | SllX an hour ago | parent | next [-] | | I wish Twitter had been dead when Elon bought it, but no, Twitter was far from dead. X actually has fewer MAU as far as I can tell[1], and I wouldn’t call it dead either. [1]: Seriously though, I can’t find good data I trust on this so correct me if you’ve got a good source saying otherwise, or even if someone has something substantiating this better I would take that too. | |
| ▲ | darth_avocado an hour ago | parent | prev [-] | | The social network is more dead than when he bought it. Wouldn’t need the an acquisition first by an ai company and then a space company to hide its worth. |
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| ▲ | LoganDark 34 minutes ago | parent | prev [-] |
| I honestly wish they could've succeeded because PayPal is one of the banes of my existence. They're one of those faceless corporations that accuse everyone of money laundering in order to steal their shit. |
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| ▲ | anonzzzies 27 minutes ago | parent [-] | | They held and stole quite a bit of money from my company when it was small 'for fraud'; it was a very hard time, and of course there was no fraud. It was a long time ago and I don't get angry anymore, but it was a nightmare and nothing you can do. Since then I moved to local processing, issuing, acquiring; I can thank Paypal for all of that. Hope they die a miserable death, but I guess 50B$ says at least the managers will drive their lambo's/yachts around no matter what happens unfortunately. | | |
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