9 {{ upvoteCount | shortNum }}
9 {{ upvoteCount | shortNum }}

PayPal Competitor (that actually stands a chance)

by tecHead
8 replies
...the only legitimate PayPal contender since Citi's effort...

Originally Posted by Mashable

With its new platform Serve, which was announced Monday, American Express is looking to take on industry giant PayPal in the digital payment and commerce space.

Like PayPal, Serve can be used to make purchases and person-to-person transactions online, as well as at merchants that accept American Express cards and via mobile devices. Serve accounts can be funded by debit, credit, charge card, bank account or transfers from other Serve members.

American Express Takes on PayPal With Serve
PLP,
tecHead
#chance #competitor #paypal #stands
  • Profile picture of the author seo jack
    Hasn't that ship already sailed? Sure Paypal custoemr service is awful, they have their own rules and don't give a £$%^ about you but haven't they already taken too much of the market?
    {{ DiscussionBoard.errors[4209127].message }}
    • Profile picture of the author tecHead
      Originally Posted by seo jack View Post

      Hasn't that ship already sailed? Sure Paypal custoemr service is awful, they have their own rules and don't give a £$%^ about you but haven't they already taken too much of the market?
      In today's world of unpredictable Venture Capital allocation; that mentality is what's sailed. It's been readily proven by the sudden and unmitigated rise of Google with both Yahoo & MSN in the mix.

      Where there's capital; there's chance. American Express has capital.

      PLP,
      tecHead
      Signature
      Learn Everything You Need to Know About CryptoCurrencies
      Automation is the primary conduit to successful relaxation
      {{ DiscussionBoard.errors[4209204].message }}
      • Profile picture of the author BenFromSoMo
        Originally Posted by tecHead View Post

        In today's world of unpredictable Venture Capital allocation; that mentality is what's sailed. It's been readily proven by the sudden and unmitigated rise of Google with both Yahoo & MSN in the mix.

        Where there's capital; there's chance. American Express has capital.

        PLP,
        tecHead
        Not to mention the sudden unmitigated rise of Facebook with MySpace in the mix.
        Signature

        If you do any kind of blogging and want to try the next big thing, PM me.

        {{ DiscussionBoard.errors[4209214].message }}
        • Profile picture of the author kindsvater
          It was easy enough to sign up for Serve. Easier to upgrade and verify an account than with PayPal.

          A good way to punish PayPal, err, force better customer service, is to start opening and using competing accounts. Such as Serve.


          Coming next .... clearXchange to similarly compete with PayPal - offered by Chase, BOFA, and Wells Fargo.

          .
          Signature
          {{ DiscussionBoard.errors[4209317].message }}
          • Profile picture of the author tecHead
            Originally Posted by kindsvater View Post

            ...
            Coming next .... clearXchange to similarly compete with PayPal - offered by Chase, BOFA, and Wells Fargo.

            .
            clearXchange is more of a C2C money movement service; banks trying to take that part of the business & market share away from the 3rd parties like PayPal. Certainly not a direct competitor.

            I think its a cool service, though... same as PopMoney.

            I'm very much enamored with Square; although, at this point it does CNP transactions no real good. Just think its one of the coolest things to come out of the new mobile payments craze.

            PLP,
            tecHead
            Signature
            Learn Everything You Need to Know About CryptoCurrencies
            Automation is the primary conduit to successful relaxation
            {{ DiscussionBoard.errors[4209489].message }}
    • Profile picture of the author tpw
      Originally Posted by seo jack View Post

      Hasn't that ship already sailed? Sure Paypal custoemr service is awful, they have their own rules and don't give a £$%^ about you but haven't they already taken too much of the market?

      When Google started business in 1998, some wondered why they would try to enter that marketplace because Yahoo and AltaVista dominated search.
      Signature
      Bill Platt, Oklahoma USA, PlattPublishing.com
      Publish Coloring Books for Profit (WSOTD 7-30-2015)
      {{ DiscussionBoard.errors[4209369].message }}
      • Profile picture of the author JeffersonB
        Isn't it USA only?
        {{ DiscussionBoard.errors[4209472].message }}
        • Profile picture of the author seo jack
          Originally Posted by JeffersonB View Post

          Isn't it USA only?
          Don't most things roll out in the USA first?
          {{ DiscussionBoard.errors[4209495].message }}

Trending Topics