Far as I know it’s more of a send money from phone to phone thing for now. My bank supports it, but it’s only an option in the app which I don’t use.
It is especially sad since it was meant to replace giropay, which actually was more like Paypal than wero is.
Let’s hope it is just a matter of time.
The company was originally established by Max Levchin, Peter Thiel, and Luke Nosek in December 1998 as Fieldlink. Later it was renamed Confinity,[9] a company which developed security software for hand-held devices.[10] When it had no success with that business model, it switched its focus to a digital wallet.[11] The first version of the PayPal electronic payments system was launched in 1999.[12]
In March 2000, Confinity merged with X.com, an online financial services company founded in March 1999 by Elon Musk, Harris Fricker, Christopher Payne, and Ed Ho.
Musk founded a company that merged with the company that invented PayPal.
Is there a Canadian version of paypal that works the same way? I was searching but couldn’t find one and ever since AI came around my business shrank to almost nothing. Also, other than having an old nearly defunct facebook account, what $ would I be unwittingly giving to Zuckerberg? Serious and naïve question.
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Aren’t there alternatives to Paypal, like Wise and Revolut?
Germany tries to make one every two years. The newest one is called Wero/kwitt
And wero from European paiement initiative that regroup all major french and german bank.
Except in Germany you can chose from like three whole banks that participate
No no way more
Far as I know it’s more of a send money from phone to phone thing for now. My bank supports it, but it’s only an option in the app which I don’t use.
It is especially sad since it was meant to replace giropay, which actually was more like Paypal than wero is.
Let’s hope it is just a matter of time.
It will be open later to shop and eshop. Probably around 2026. I saw a élog post about their roadmap.
Google Pay. Wise and Revolut are money wallet + transfer tools.
In Europe, sepa transfers are free and instant transfers will be mandatory free from October.
To pay in e-commerce, revolut has unlimited one-use cards, no need for PayPal.
What’s a sepa transfer
Single Euro Payments Area it’s basically just your regular bank transfer in most of europe.
Ah, I should have read down further. I’ll look those up.
I actively boycott Zuckerberg’s offerings bar WhatsApp coz the bastard bought it out from under us. Fuck him, fuck Meta
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PayPal was not founded by Musk
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Please actually read the article
Musk founded a company that merged with the company that invented PayPal.
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Is there a Canadian version of paypal that works the same way? I was searching but couldn’t find one and ever since AI came around my business shrank to almost nothing. Also, other than having an old nearly defunct facebook account, what $ would I be unwittingly giving to Zuckerberg? Serious and naïve question.
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Not quite but credit cards and Interac e-Transfer.
PayPal blocked my account in like 2017 or something, never used it again