Venmo is PayPal 2.0 (and owned by PayPal). X is a distant 3, 4, or 5 place.
X is that failed PayPal intiative that people have forgotten.
Let’s call it PayPal 0.01
Jinkies!
And PayPal is just X 2.0
Palm Pilots seemed so futuristic back then.
I feel like palm pilots are super impressive for the time period they existed in. They were so futuristic! Basically the 1998 smartphone
The palm pre is still my favorite phone of all time.
Not to be pedantic but Palm Pre didn’t have anything to do with Palm Pilot, totally different OS. What’s crazy is they were setting up payments via Palm Pilot long before gadgets like the Handspring VisorPhone were available. That meant the only way to complete the payment was to sync the Palm Pilot to your PC back at your desk. Makes sense why they would pivot to pay by email and eliminate the need to use a Palm Pilot.
I never said it did. I was just stating my love for a phone that was underrated and had a short, yet bright, lifespan.
What the hell is X? I feel out of the loop, as always.
As of now? Nothing other than twitter.
Musks plan is for X to basically be the wests version of WeChat.
Which is weird since the US Fed is now trialing a direct transfer service, and you’re a lot of dead boomers and genXers away from dethroning V/MC/Amex from their ubiquitous payment networks. There’s nothing you can do on the consumer side to make fund transfers cheaper or more attractive (reward systems already pay consumers to use cards) and also get vendors on board (who hate the 2.5-2.8% they already pay; they’re sure as shit not going to pay you more than the going rate). Plus, given how poorly the code at Twitter was managed, you’d have to be an idiot to trust X with your money.
The main benefit of credit cards is they are credit. So if there is an issue you can hash it out before you actually pay for it as oppose to asking they send the money back.
Not really a bad thing, is it? What’s the problem with having another competitor?
Because it’s not a competitor
