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 ! ! ! !

smarty

Bringing out a PayPal credit card is a pretty interesting thought...Why dont you add it as a feedback to the PayPal moderators ???

swapnil90

As if they are going to listen to me alone dude..

They will need almost 25 % of the members saying that !!

smarty

Yaa...Thats there

Now since people have got the idea I hope they suggest the PayPal people so that we get some good privileges...

inworx

Here are my opinions for your suggestions.

1. PayPal should have a system where money can be sent to other online banks
O. PayPal isnt a bank. SO, this feature is impossible until PayPal registers itself as a Bank.

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*
O. They might have over 50k such paypal accounts. I dont think it'd be possible to check each account even if they implement this feature

3. PayPal must reduce its fees...
O. They are still the cheapest payment processor on the internet.

4. An on the spot currency changer should be available
O. You can change it anytime by your profile. Cant you make few clicks?

5. A more secure network due to immense number of people joining it..
O. They are already secure but the ccounts arent secure as the owners keep dic. passes

6. Checking of residence by a phone call to help getting customers who mean buisness and not fun
O. For most of PayPal users, they ask to faxx the proof when your account gets limited. PayPal limits every person's account. Today or another day.

7. Starting a PayPal credit card service for people without a credit card...This system is present with iKobo
O. They already have a Debit Card system. And They cant do a Credit Card as stated in Opinion1


HOPE SOMEONE FROM PayPal READING THIS
O. It doesnt matters. PayPal is not designed by an individual

clookid

A lot of these suggestions have already been brought to life! They are just not available in certain countries, e.g. India.

KHyuga

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.

clookid

Also, eGold requires you to enter in a turning number just to log in! Why couldn't they make it a still image?

dasha101

Mastermanandy

The things i believe Paypal should do is make its more available to individual countries, and make it more userfriendly, I know of a few people who stopped using Payapal because they couldnt understand half of whats there.