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Failures

by Mike Masnick

Fri, Oct 22nd 2004 10:26am





Yahoo Ditches PayPal Wannabe

from the that-took-a-while dept

For over four years, Yahoo has offered a PayPal wannabe called PayDirect in association with HSBC. I think I was one of about 3 or 4 people who actually used it at one time or another. However, since no one else has been using it during that time, and everyone just uses PayPal (when it's up), Yahoo is officially shutting the PayDirect service down. It appears that in the easy online transaction department, this really is a winner takes all market.

3 Comments | Leave a Comment

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  •  
    identicon
    Anonymous Coward, Oct 23rd, 2004 @ 5:04am

    No Subject Given

    The stupid part of this is that I've searched for alternatives to PayPal on several occasions and came up with no results! Maybe it's really just Yahoo's failure to market their own offering that's the cause of the demise? Plenty of people don't like paypal for one reason or another, and I find it hard to believe they wouldn't have switched if given the opportunity.

     

    [ reply to this | link to this | view in chronology ]

    •  
      identicon
      Anonymous Coward, Oct 24th, 2004 @ 8:43pm

      Re: No Subject Given

      Firepay.com

      neteller.com

       

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      •  
        identicon
        Anonymous Coward, Oct 24th, 2004 @ 8:45pm

        Re: No Subject Given

        Firepay.com has no objections to using their service to gamble online either -- unlike Paypal.

        Shit, paypal won't even let you spend money through them for porn! Imagine if your bank censored transactions like that.

        Paypal sucks.

         

        [ reply to this | link to this | view in chronology ]


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