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.


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Comments on “Yahoo Ditches PayPal Wannabe”

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3 Comments
Anonymous Coward says:

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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.

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