Quote:
Originally Posted by swapnil90  PayPal is now in a situation where it has to do something additional to compete with its new competitiors (iKobo, eGold, Google CheckOut...etc)
Here are a few things I am listing down based on my personal expreience:
1. PayPal should have a system where money can be sent to other online banks
2. The e-mail ids in paypal should be forbidden from containing PayPal *as many people think it is the account of the moderators and are then duped*
3. PayPal must reduce its fees...
4. An on the spot currency changer should be available
5. A more secure network due to immense number of people joining it..
6. Checking of residence by a phone call to help getting customers who mean buisness and not fun
7. Starting a PayPal credit card service for people without a credit card...This system is present with iKobo
THIS MUCH FOR NOW...WILL ADD MORE SOON... 
HOPE SOMEONE FROM PayPal READING THIS ! ! ! ! |
First of all, companies like egold and ikobo have been around for quite some time, so I don't consider them to be "new".
Also, allowing the exchange of online currencies would just open a can of worms for paypal. Not only would they need to deal with more fraud complaints, they are also effectively handing business to the competitors.
Moreover, they already have one of the better identity verification systems around. Others like egold don't even offer them.
The bottomline is, paypal does know what it's doing.
