Well...I thought it already was enjoying that status... at least for online deals! Source: Yahoo News! Regards, RightMan
Yes now they are even leeching our hard earned money on balance transfers. So they are earning like hell. Now they will leech other merchants too.
Out of every $1 trillion, they earn $30 billion. That's too much money for fees. What do they do with that money? Acquire companies on behalf of eBay. But, hey, greed does come to you when you own the largest payments platform in the world.
Ever drove by a big city and seen all those skyscapers? Did you ever think who paid for them? Today i was in downtown Bellevue Washington and seen microsofts newest three scyscrapers standing next to each other.. Really nice buildings. They cost money, so i guess we buy them the buildings with the money we spend on computers, fess, etc...
Greed is part of every human being. No exceptions buddy...just people that hide it..or find a way to suppress it. As for Paypal, being a market leader and an innovator in the field of online money transactions, I believe they deserve every single penny which they make. Of course there are many flaws in their platform, but this is inevitable...with any innovation..right ?
I like it, paypal is my main source of income from doing little services. Easy & fast payments, didn't have any problems yet with buyers or paypal.