« previous next »
Pages: [1]

Author Topic: Banks prepare to eat PayPal—at last  (Read 9651 times)

Philip.Cohen

  • Knight of the RT
  • ****
  • Posts: 350
Banks prepare to eat PayPal—at last
« on: April 24, 2010, 03:53:34 PM »
Banks prepare to eat PayPal—at last
24 April 2010

“PayPal sees little threat from Visa-CyberSource deal”
http://www.reuters.com/article/idUSTRE63L61420100422

The imminent death of PayPal is joyously announced. The full story and comment thereon is available on auctionbytes at
http://www.auctionbytes.com/forum/phpBB/viewtopic.php?p=6504554

And its on auctionbytes because I can there edit my comments indefinitely.
Logged
“Today we’re dealing with phase two or phase three [he can’t even remember which one] of disruptive innovation. We’ve had the disruption, now we must disrupt our own disruption.”—John Donahoe (2007).

tellomon

  • Knight of the RT
  • *****
  • Posts: 51519
  • You don't get everything you want at Tello's.
    • facebook
Re: Banks prepare to eat PayPal—at last
« Reply #1 on: April 24, 2010, 04:07:52 PM »
 :yess:
Logged
"The B@zturd Love Child of Comix & a News Organization"

Poddy

  • Guest
Re: Banks prepare to eat PayPal—at last
« Reply #2 on: April 24, 2010, 04:47:19 PM »
Phillip,

VERY nicely put :)

Why do I get the feeling that your ears are burning?? hehehehe
Logged

*Yibida*

  • Action Group
  • Knight of the RT
  • *****
  • Posts: 17998
Re: Banks prepare to eat PayPal—at last
« Reply #3 on: April 24, 2010, 05:15:53 PM »
Go Phil.. Burn and pillage em then rape the cattle fer good measure !....


Positive feedback rating   Best seller on feebay, AAA++++++++++++++ { Death to the Paypal leech }   Seller:

j#s#o#c#o ( 153 [Feedback score is 100 to 499] )
   12-Feb-10 19:26
    ATEN CS62DU- 4 Port KVM with USB Audio +DVI *Brand New* (#############)   --   View Item


I am constantly resisting the urge to misbehave.... It's not working...
Logged

*Brum6y*

  • Knights of the RT
  • Knight of the RT
  • *****
  • Posts: 20158
Re: Banks prepare to eat PayPal—at last
« Reply #4 on: April 24, 2010, 05:20:21 PM »
Will be interesting to see what actually transpires..........

I can see the eBay policy writers dipping their hands in the rosin in preparation for some literary gymnastics.
Logged

tellomon

  • Knight of the RT
  • *****
  • Posts: 51519
  • You don't get everything you want at Tello's.
    • facebook
Re: Banks prepare to eat PayPal—at last
« Reply #5 on: April 24, 2010, 05:50:56 PM »
That's colorful language!
Logged
"The B@zturd Love Child of Comix & a News Organization"

*Brum6y*

  • Knights of the RT
  • Knight of the RT
  • *****
  • Posts: 20158
Re: Banks prepare to eat PayPal—at last
« Reply #6 on: April 26, 2010, 07:18:17 PM »
If you think that's colourful .... wait until all the eBayers see what they come up with!!


(... mind you I'm only guessing on that)
Logged

Philip.Cohen

  • Knight of the RT
  • ****
  • Posts: 350
Re: Banks prepare to eat PayPal—at last
« Reply #7 on: April 29, 2010, 07:43:04 PM »
Visa Inc. to Acquire CyberSource to Accelerate eCommerce
http://corporate.visa.com/media-center/press-releases/press1010.jsp

The Via Media Release: I love the way PaPay does not even get a mention in this Visa media release. What that ultimately means for PayPal, we can only speculate …
Logged
“Today we’re dealing with phase two or phase three [he can’t even remember which one] of disruptive innovation. We’ve had the disruption, now we must disrupt our own disruption.”—John Donahoe (2007).

*Brum6y*

  • Knights of the RT
  • Knight of the RT
  • *****
  • Posts: 20158
Re: Banks prepare to eat PayPal—at last
« Reply #8 on: April 30, 2010, 11:23:29 PM »
I think the reason PayPal doesn't get a mention is that they don't need to - they know the business they're in and so will the people reading the release that matter.

Also, it's not necessarily a positive thing to make any comparisons between their aspirations and PayPal's business - for three reasons I can think of right now:
1. Visa would not want to have the thoughts of prospective clientele limited to the PayPal model, especially if they have more to offer.
2. Visa certainly would not want to tarnish their image - which the market would instantly perceive at the mere mention of being in the same field as PayPal.
3. Some other legal requirements and/or the potential for PayPal to sue Visa. (Why? No idea, but over there, what reason do they need?)


It is a topic of great interest, though - isn't it?!!
Logged

tellomon

  • Knight of the RT
  • *****
  • Posts: 51519
  • You don't get everything you want at Tello's.
    • facebook
Re: Banks prepare to eat PayPal—at last
« Reply #9 on: April 30, 2010, 11:33:15 PM »
Is!
Logged
"The B@zturd Love Child of Comix & a News Organization"

tommy.irene

  • Knight of the RT
  • *****
  • Posts: 18277
  • Im a 99 year old IRISHMAN..But I still think im 25
Re: Banks prepare to eat PayPal—at last
« Reply #10 on: May 03, 2010, 05:46:39 PM »
10..SNIPE
Logged
***** TOMMY LOVES YOU ALL *****

*Brum6y*

  • Knights of the RT
  • Knight of the RT
  • *****
  • Posts: 20158
Re: Banks prepare to eat PayPal—at last
« Reply #11 on: May 03, 2010, 08:13:23 PM »
Gee Tello - we BOTH missed that snipe...!
Logged

tellomon

  • Knight of the RT
  • *****
  • Posts: 51519
  • You don't get everything you want at Tello's.
    • facebook
Re: Banks prepare to eat PayPal—at last
« Reply #12 on: May 03, 2010, 08:27:39 PM »
We can't compete with Tommy.

Why bother?
Logged
"The B@zturd Love Child of Comix & a News Organization"

*Brum6y*

  • Knights of the RT
  • Knight of the RT
  • *****
  • Posts: 20158
Re: Banks prepare to eat PayPal—at last
« Reply #13 on: May 03, 2010, 09:01:18 PM »
Quote from: tellomon on May 03, 2010, 08:27:39 PM
We can't compete with Tommy.

Why bother?

Why bother?

Because when we DO beat him to the punch, it'll be a champagne celebration!



Winning a hard fought battle always tastes better than a walkover!
Logged

tellomon

  • Knight of the RT
  • *****
  • Posts: 51519
  • You don't get everything you want at Tello's.
    • facebook
Re: Banks prepare to eat PayPal—at last
« Reply #14 on: May 03, 2010, 10:01:58 PM »
Horse, you are OFF TOPIC!
Logged
"The B@zturd Love Child of Comix & a News Organization"

*Brum6y*

  • Knights of the RT
  • Knight of the RT
  • *****
  • Posts: 20158
Re: Banks prepare to eat PayPal—at last
« Reply #15 on: May 04, 2010, 03:34:11 AM »
Sheesh!

That's what I get for following your lead!




Should I just ignore you in future?
Logged

tellomon

  • Knight of the RT
  • *****
  • Posts: 51519
  • You don't get everything you want at Tello's.
    • facebook
Re: Banks prepare to eat PayPal—at last
« Reply #16 on: May 04, 2010, 11:46:22 PM »
Only on non-Tello threads, lol...
Logged
"The B@zturd Love Child of Comix & a News Organization"
Pages: [1]
« previous next »