alt Hacker NewsDiligence 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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inigyou • today at 4:32 AM
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 • today at 2:27 AM
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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LoganDark • today at 4:17 AM
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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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.