On Tue, Sep 16, 2008 at 12:20 PM, Dan Joseph <[EMAIL PROTECTED]> wrote:

> Revolution Money Exchange just started up a few months ago.  Its owned by a
> bank (although I can't recall which).  Same concept as far as I can tell,
> although I don't think they have any business services yet.
>
> Another note I should add.  And I touched on this in my first post about
> this.  Do not solely rely on PayPal.  Shop around for your credit card
> services.  PayPal is quite expensive in comparison.  I myself only use them
> to accept PayPal payments, not visa/mc.

There was another one a long time ago - I forget. I want to say Yahoo
started one and it was backed with a bank, and then after what seemed
like only a few months, dropped it.

Trying to battle Paypal alone wouldn't be the worst, but trying to
battle Paypal+eBay is going to be hard. I'd expect Paypal receives
90%+ of it's users via eBay and the majority of the income to start
out came from it too (hence why eBay bought them) - so I think it's
hard for anyone to get into the market.

(There's some shadyness with eBay too that I've read about in the past...)

Anyway - use authorize.net for example. They've got a simple
documented HTTP based API and it can interface with every major
shopping cart package/etc. Like you said - use Paypal only for Paypal
payments. Don't use them for anything else :)

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