Far as I know it’s more of a send money from phone to phone thing for now. My bank supports it, but it’s only an option in the app which I don’t use.
It is especially sad since it was meant to replace giropay, which actually was more like Paypal than wero is.
Let’s hope it is just a matter of time.
Yes, you are right, not anymore, I don’t trust it though as it was founded by not only Peter Thiel but also Elon Musk.
PayPal blocks accounts that are politically controversial, such as some alternative media outlets, cryptocurrency platforms, or activists. Also Whistleblower organizations like WikiLeaks have been blocked and their funds frozen.
For these reasons I find a boycott completely justified.
The company was originally established by Max Levchin, Peter Thiel, and Luke Nosek in December 1998 as Fieldlink. Later it was renamed Confinity,[9] a company which developed security software for hand-held devices.[10] When it had no success with that business model, it switched its focus to a digital wallet.[11] The first version of the PayPal electronic payments system was launched in 1999.[12]
In March 2000, Confinity merged with X.com, an online financial services company founded in March 1999 by Elon Musk, Harris Fricker, Christopher Payne, and Ed Ho.
Musk founded a company that merged with the company that invented PayPal.
As Wikipedia lists him as a founder i think it’s ok for me to call him that as well. But of course, you can insist on the loooooong explanation that he founded a company that merged with another company and the merged one finally became Paypal.
I wish people would also boycott Zuckerberg‘s products and Peter thiel‘s PayPal.
I actively boycott Zuckerberg’s offerings bar WhatsApp coz the bastard bought it out from under us. Fuck him, fuck Meta
Aren’t there alternatives to Paypal, like Wise and Revolut?
Google Pay. Wise and Revolut are money wallet + transfer tools.
Germany tries to make one every two years. The newest one is called Wero/kwitt
Do you need one?
I recently deleted my PayPal account and use a virtual credit card instead.
So far no issues with paying. In the rare case that credit card is not available you can always pay without account in PayPal via credit card.
Often enough the credit card payment still is done through PayPal, though
Wat? I have one I’m the one that suggested it 💀
You went back to the banking industry and you report this event as a good thing?
You are telling me you are paying via PayPal without involving the banking industry?
I have the choice to either tell PayPal and my bank what I’m buying or just my bank. I chose the latter.
And wero from European paiement initiative that regroup all major french and german bank.
Far as I know it’s more of a send money from phone to phone thing for now. My bank supports it, but it’s only an option in the app which I don’t use.
It is especially sad since it was meant to replace giropay, which actually was more like Paypal than wero is.
Let’s hope it is just a matter of time.
It will be open later to shop and eshop. Probably around 2026. I saw a élog post about their roadmap.
Except in Germany you can chose from like three whole banks that participate
No no way more
Agreed, though I don’t think Thiel is involved in Paypal anymore.
Yes, you are right, not anymore, I don’t trust it though as it was founded by not only Peter Thiel but also Elon Musk.
PayPal blocks accounts that are politically controversial, such as some alternative media outlets, cryptocurrency platforms, or activists. Also Whistleblower organizations like WikiLeaks have been blocked and their funds frozen.
For these reasons I find a boycott completely justified.
PayPal was not founded by Musk
Please have a look at the listed founders of PayPal: Paypal Wikipedia
Please actually read the article
Musk founded a company that merged with the company that invented PayPal.
As Wikipedia lists him as a founder i think it’s ok for me to call him that as well. But of course, you can insist on the loooooong explanation that he founded a company that merged with another company and the merged one finally became Paypal.