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Startup Is Moving $350 Million .....Kill Credit Cards


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Startup Is Moving $350 Million .....Kill Credit Cards

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kbit's Avatar
 kbit 
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 aediaz1 
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Read about them today. Really interesting company, hope they go for outside US too. Its a miracle, from a capitalistic point of view, that Paypal doesn't have better competitors.

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 GoldStandard 
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It would sure be great if someone could offer a cheaper alternative credit cards. The 2-3% or so they charge is a ridiculously high tax on the economy for performing what is essentially just an administrative function. It seems like in a free market there should be dozens of competing payment services, driving the price down. Let's hope this startup and others like him succeed.

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Last Updated on November 14, 2011


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