Paypal does suck and so does ebay but many know who they are and use them!

I’ve found with *alternative* services you limit your buyers because people like to buy with convenience and receive their merch ASAP. Unfortunately, a large number of ebay users also have paypal accounts, so you end up paying them their % on both sides to provide an easy buying experience. Convenience costs money!

I have tried using one of the alternatives years ago and it turned out to be a pain and I lost a buyer due to the extra complications when it came to pay time. Some people just like to use their Credit Cards to pay for purchases… probably the illusion of *extra* security.

On the flip side (as a buyer) there have been some things I wouldn’t have been able to purchase unless I had a paypal account.

However, their rates (or lack there of) are attractive and they have a pretty high transaction limit. Both of these make for a no brainer to offer as an option for payment and possibly pair it with some kind of *deal* or incentive to the buyer who *dares* to use it.

Though with all things free, I wonder how long they will be able to keep it so. The idea of some bank-like company offering a free or no fee, money send / receive service just doesn’t compute. When money is involved every business wants their cut!

Good find, I like the name and I’ll keep my eye on it.