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Yahoo Shuts Down Their PayPal Competitor
LostCluster writes "MSNBC and ZDnet are both reporting that Yahoo and HSBC have announced a shutdown plan for their PayDirect service which was their rival to PayPal. Since CitiBank abandoned their c2it service last year, PayPal now seems to be a monopoly by default." There are other players in this field, though, like bidpay and worldpay.
But they were using BidPay, so Yahoo will never see the money now.
...the American public cry out that the Dollar is a monopoly, and that Pounds and Yen should be allowed as well.
--Muzz
Awww, don't hate... even criminals need to do banking. And Paypal is PERFECT for them, designed to serve their exact needs.
Remember the Paypal slogan "We are not a bank".
- Adam L. Beberg - The Cosm Project - http://www.mithral.com/
Wasn't there one also called e-gold that purchases actual gold to back its electronic currency? Of course, if you had a lot of money in it and somebody discovered how to turn lead into gold, well then you'd be ruined. So its kind of a risky holding.
Liberals call everyone Nazis yet they are the closest thing to it.
I'm not surprised, the c1it service was much more fun.
Not that this wasn't entirely predictable.
It doesn't work in every country of the world however. Even some EU countries aren't allowed to use it.
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I personally believe that "black" is a pefectly acceptable, descriptive word, just as "white" is.
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I don't know about you, but unless you're a member of KISS, your skin is probably pink, just like mine.