PayPal.Me Launched By PayPal Could Make Things Tough For Facebook Payment and Google Wallet - The REM: "In order to use PayPal.me, a user must go to the page of PayPal.Me and, post which he should provide his login credentials.
You would then be able to put forth a custom URL, that would be simple for you to remember.
Anyone who you share this link with, will be able to receive the cash you send across.
This would be a welcome change as the user now no longer has to login to the main site through the mobile app or website. Also, previously, the sender had to know the email id of the recipient.
Asides, users would be able to send forth email, text or even an instant message.
No charges have been declared for the users who are sending money.
Users must possess a debit card. However, the businessmen must pay 2.9% of the total transaction amount including $0.30 per transaction.
This has put the Facebook Payment and Google Wallet into jeopardy.
Google Wallet is now no longer used by most applications and Android users also seem to be dissatisfied with the service.
It will soon be replaced by Android Pay, that resembles Apple Pay in a lot of ways.
Facebook Payment also came into existence at the same time as Google Wallet – May 2011.
In this case, in order to make the payment, the user had to key in a specific amount to pay, through which the amount would be sent in a P2P method with proper authentication done.
However, Facebook payments can only be used by individuals and no companies."
'via Blog this'
No comments:
Post a Comment