Hacker Read

LeicaLatte · 2021-12-22 13:31:18

This was unique to PayPal in the previous decade since we were one of the few(only) tech platforms dealing with money then. Kinda fun to see other monetized tech platforms failing in spectacular ways. :)

bserge | karma 3382 | avg karma 1.47 · | 2021-01-22 20:11:05+00:00

Yeah, I'm surprised Paypal has fallen so much. They were a pioneer in online payments, they used to offer Patreon-style subscriptions that could be integrated on any website, they'd automatically transfer the monthly fee to your account, but damn the interface was extremely confusing and buggy, I wonder if it got any better...

MentallyRetired | karma 672 | avg karma 2.56 · | 2019-09-17 04:36:49+00:00

Hasn't PayPal been doing this for decades?

tybris | karma 2070 | avg karma 2.57 · | 2009-07-06 19:36:20+00:00

Paypal has brought very little innovation since they were acquired by eBay. I'd be surprised if this suddenly changed.

mathattack | karma 18067 | avg karma 2.35 · | 2015-01-20 17:57:42+00:00

Is this a sign of how little PayPal has innovated lately?

joelrunyon | karma 8027 | avg karma 3.79 · | 2012-10-11 06:50:59+00:00

Ironically, the reason they bought Paypal was because it was originally a competitive advantage for them :).

Funny how a decade can change things.

reply

pdubs | karma 377 | avg karma 2.81 · | 2013-04-09 14:18:17+00:00

Paypal was pretty revolutionary for its time. Not quite "cool sci-fi shit", but close, in perspective.

b20000 | karma 1229 | avg karma 0.76 · | 2023-06-29 00:32:32

paypal has been broken for 20 years

drumdance | karma 1815 | avg karma 1.82 · | 2011-11-15 18:05:20+00:00

Paypal had similar limitations in the early days.

PaulDavisThe1st | karma 19282 | avg karma 2.7 · | 2023-02-07 18:38:26

Has been true of PayPal for several years now, too.

loeg | karma 21759 | avg karma 2.57 · | 2020-01-10 07:17:11+00:00

Paypal has been exactly this awful for at least a decade, if not its entire existence.

seansoutpost | karma 512 | avg karma 12.8 · | 2016-03-12 21:33:41+00:00

Funny enough, I remember people having this exact sentiment about PayPal in 2001.

Tycho | karma 5688 | avg karma 2.13 · | 2014-12-17 17:55:46

Hmm I was more impressed by PayPal's business tenacity than with their technical ingenuity. Along with the entrenched credit card companies they had to deal with fraud and organized crime.

kiba | karma 10977 | avg karma 2.58 · | 2013-04-09 15:30:53+00:00

I would argue that paypal was the future tech of its time. It was in 1998 that paypal launched.

jasonlingx | karma 884 | avg karma 2.7 · | 2012-08-22 12:19:32

PayPal stopped innovating a long time ago. This isn't going to save them.

FabHK | karma 14253 | avg karma 2.82 · | 2022-07-14 09:17:44

I think Paypal only got off the ground because the US banking system is so amazingly awful (compared to, say, continental Europe). Somewhat sad that it still seems to be the case.

nelaboras | karma 351 | avg karma 2.31 · | 2020-09-12 11:28:44+00:00

PayPal used to be great in its time. Leadership and ownership changed and now its just there and because everyone knows and trusts it it still lives on.

Scale/brand effects.

reply

misingnoglic | karma 417 | avg karma 2.23 · | 2014-04-28 00:49:29+00:00

This is starting to sound like how Paypal is today...

dzhiurgis | karma 3122 | avg karma 0.65 · | 2020-10-29 21:30:01

Paypal used to be great, but look at it now...

tfang17 | karma 313 | avg karma 2.75 · | 2021-03-30 15:09:13+00:00

PayPal did a complete 180 from their stance on crypto just 2 years ago.

I worked at Coinbase on the Payments team ~2018. Working to integrate PayPal was a nightmare - so much opposition to the integration from PayPal execs and compliance team. Even when we did manage to finally integrate, PayPal was only enabled for crypto sells.

Change in direction at PayPal must have come straight from the top.

reply