The New PayPal iPhone App - Bump to Send Money

Ade Molajo · Top Commenter · Works at CompareChecker
Article: "Facebook’s lean startup style".
Crunchbase footer: "Funding: $2.34B".

sorry just made me chuckle.

Justin Wu · Top Commenter · Washington
"Right now, Facebook simply doesn’t have the resources to divert attention to P2P payments"

800million reported users. Made me chuckle on the poor monetization to user ratio.
This is why Google and other companies are pounding it - making real revenues.

Josh Constine · Subscribe · Top Commenter · Writer at TechCrunch · 678 subscribers
Lean relative -- employee count compared to global user base and impact. Facebook is still at about 1 engineer per 2 million users. That's pretty lean.

Dennis Yu · Subscribe · Top Commenter · CEO and Founder at BlitzLocal · 383 subscribers
Facebook has something smarter in the works-- using your friends to make you buy stuff!

Dennis Yu · Subscribe · Top Commenter · CEO and Founder at BlitzLocal · 383 subscribers
Testing-- please comment here.

Josh Constine · Subscribe · Top Commenter · Writer at TechCrunch · 678 subscribers
Ad targeting of Open Graph activity, especially once the "Want" and "Own" social plugins are in place, will be huge.
Reply · 1 · Like · 18 saat önce
Nixon Elizxer (signed in using Hotmail)
floods with porn and violent. Can't even stop that, how they going to stop hackers who are greed with money?

No Thank You.
I'll stick with Google until Facebook becomes a GIANT!

...See More

Benjamin Katz · CEO at Etchstar
very cool!

Samir Sam · Subscribe
The send money App is a good innovation to let people allow social payments.
yet alone a flood of spam apps will be popping up like SendMoneys, MoneySend and with improper use of https controls, hence leading to a question are social payment extremely safe?

find teh in depth review and pictures here.
http://thetechnologycafe.com/paypal-launches-sendmoney-facebook-appno-transaction-fee-review-pictures/

Srini Kumar · Subscribe · Top Commenter · Los Angeles, California
Facebook is the best partner in the world. Like with Spotify, Facebook will someday bend over backwards to make PayPal-On-Facebook a hit, especially after PayPal agrees to kick some back. I applaud this visionary analysis... http://tinyvox.com/t6m THANKS!

Dany Pelletier · Subscribe · Top Commenter · Founder at FaceFlow
The bad thing is that we still need our friend's email in order to send them the money. If they aren't registered to paypal, they need to register. With that said I'll just keep using PayPal to send money since I find it easier to just use a pure peer to peer payment platform. If Facebook wants to dominate in that field and acquire people who think similarly as me (it will be millions of people), then they should think about something that will keep users within Facebook.

Mark St John
How is this even remotely news? Most credit unions (not sure on banks, haven't used em in a long time) online bill pay lets you send money to anyone via snail mail (or electronic transfer with a tiny bit of effort.) And you pay no fees on either side. Paypal and the like is for cases where you don't know the other person and you are looking for common ground and risk insurance (well, to some degree.) Or is the news here that I could friend a charity, send them money that is less (because of paypal fess) than if I sent a check or went directly to their website? What am I missing here?

Josh Constine · Subscribe · Top Commenter · Writer at TechCrunch · 678 subscribers
I agree, the PayPal Send Money relaunch isn't really news, that's why I relegated it to a paragraph of an opinion piece rather than covering it outright in 6 paragraphs as most other news outlets did.

Hanson Yuen · Top Commenter · Atlanta, Georgia
When I saw the article picture and title, first thing came to mind was that because of Peter Thiel was the first investor giving 500k to fb. So why would fb compete against Paypal directly? Thiel would beat the crap out of Zuckerberg if he did.

Edgar Martinez · Hard Knocks
meh

Ray Garcia · Top Commenter
Every problem has a solution.(Josh thanks for the ideas) Facebook is missing the boat on this one. Think Zuckerberg. What is the online reputation of Paypal? Is P2P the future of online transactions? What happens if Google/Amazon get into the "credits" game? Something to ponder over the weekend:)

Philip Charles Cohen
Halleluiah, there will be a better life for all after the clunky PreyPal sinks to the bottom of the ocean, along with its ugly mother, the rusting old hulk “eBay”.

“Visa launches PayPal competitor V.me with developer community to back it up”.

http://venturebeat.com/2011/11/16/visa-launches-paypal-competitor-with-developer-community-to-back-it-up/


Happy Luke · University of Houston
You guys can connect with me on Facebook and send me money! thanks

Sunil Parmar · San Jose, California
Cool!

Abhishek Gupta
What's the point of "social" Paypal payments? to show off on your wall, Hey I just sent money?

Facebook right with its no P2P but they got to let advertisers/developers be able to distribute credits without dealing through ifeelgoods.