It’s a credit or debit card where you can change the number at any time. Prevents shady online shops from loosing your credit card details. Revolut and N26 offer it for example.
Of course, the shop still has to accept credit/debit cards or you have to go though PayPal as guest.
The company was originally established by Max Levchin, Peter Thiel, and Luke Nosek in December 1998 as Fieldlink. Later it was renamed Confinity,[9] a company which developed security software for hand-held devices.[10] When it had no success with that business model, it switched its focus to a digital wallet.[11] The first version of the PayPal electronic payments system was launched in 1999.[12]
In March 2000, Confinity merged with X.com, an online financial services company founded in March 1999 by Elon Musk, Harris Fricker, Christopher Payne, and Ed Ho.
Musk founded a company that merged with the company that invented PayPal.
Is there a Canadian version of paypal that works the same way? I was searching but couldn’t find one and ever since AI came around my business shrank to almost nothing. Also, other than having an old nearly defunct facebook account, what $ would I be unwittingly giving to Zuckerberg? Serious and naïve question.
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Aren’t there alternatives to Paypal, like Wise and Revolut?
Do you need one?
I recently deleted my PayPal account and use a virtual credit card instead.
So far no issues with paying. In the rare case that credit card is not available you can always pay without account in PayPal via credit card.
Wat? I have one I’m the one that suggested it 💀
You went back to the banking industry and you report this event as a good thing?
You are telling me you are paying via PayPal without involving the banking industry?
I have the choice to either tell PayPal and my bank what I’m buying or just my bank. I chose the latter.
A virtual credit card? Is that something your bank offers, or how would one go about getting it?
The reason I originally got PayPal is because many sites don’t accept debet cards so I often had no way to pay at all.
It’s a credit or debit card where you can change the number at any time. Prevents shady online shops from loosing your credit card details. Revolut and N26 offer it for example.
Of course, the shop still has to accept credit/debit cards or you have to go though PayPal as guest.
I see, thanks!
Germany tries to make one every two years. The newest one is called Wero/kwitt
Google Pay. Wise and Revolut are money wallet + transfer tools.
And wero from European paiement initiative that regroup all major french and german bank.
In Europe, sepa transfers are free and instant transfers will be mandatory free from October.
To pay in e-commerce, revolut has unlimited one-use cards, no need for PayPal.
What’s a sepa transfer
Single Euro Payments Area it’s basically just your regular bank transfer in most of europe.
Ah, I should have read down further. I’ll look those up.
I actively boycott Zuckerberg’s offerings bar WhatsApp coz the bastard bought it out from under us. Fuck him, fuck Meta
Agreed, though I don’t think Thiel is involved in Paypal anymore.
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PayPal was not founded by Musk
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Please actually read the article
Musk founded a company that merged with the company that invented PayPal.
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Is there a Canadian version of paypal that works the same way? I was searching but couldn’t find one and ever since AI came around my business shrank to almost nothing. Also, other than having an old nearly defunct facebook account, what $ would I be unwittingly giving to Zuckerberg? Serious and naïve question.
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Not quite but credit cards and Interac e-Transfer.
PayPal blocked my account in like 2017 or something, never used it again