Comments on: PayPal Adaptive Accounts http://paymentsviews.com/2009/11/04/paypal-adaptive-accounts/ Views and Opinions about the World of Payments Thu, 04 Mar 2010 13:44:52 +0000 http://wordpress.org/?v=2.9.2 hourly 1 By: Srinivas Vadhri http://paymentsviews.com/2009/11/04/paypal-adaptive-accounts/comment-page-1/#comment-4424 Srinivas Vadhri Mon, 09 Nov 2009 06:55:14 +0000 http://paymentsviews.com/?p=2749#comment-4424 thanks Russ for chiming in, and ofcourse a great article!! dan, I am the Product Manager for Adaptive Accounts. To extend Russ's comment, at this moment there are no fees for using the create account API. Our goal is to help developers, merchants etc to increase their conversion and provide PayPal Account holders better user experience. Please do not hesitate to contact me or anyone on www.x.com on any PayPal X APIs thanks Russ for chiming in, and ofcourse a great article!!

dan, I am the Product Manager for Adaptive Accounts. To extend Russ’s comment, at this moment there are no fees for using the create account API.

Our goal is to help developers, merchants etc to increase their conversion and provide PayPal Account holders better user experience.

Please do not hesitate to contact me or anyone on http://www.x.com on any PayPal X APIs

]]> By: Russ Jones http://paymentsviews.com/2009/11/04/paypal-adaptive-accounts/comment-page-1/#comment-4394 Russ Jones Fri, 06 Nov 2009 18:18:13 +0000 http://paymentsviews.com/?p=2749#comment-4394 Dan, it doesn't cost anything to use the Account Open API. PayPal will make its money from the normal transaction fees for moving money into and out of the account. No different than if the user had manually set up the account themselves. Of course, you've have the development cost to implement the functionality. Dan, it doesn’t cost anything to use the Account Open API. PayPal will make its money from the normal transaction fees for moving money into and out of the account. No different than if the user had manually set up the account themselves. Of course, you’ve have the development cost to implement the functionality.

]]> By: Dan Stiel http://paymentsviews.com/2009/11/04/paypal-adaptive-accounts/comment-page-1/#comment-4392 Dan Stiel Fri, 06 Nov 2009 15:50:30 +0000 http://paymentsviews.com/?p=2749#comment-4392 This offers a seamless method for legitimate merchants to provide payment convenience. The big question for us is at what cost to the merchant. This offers a seamless method for legitimate merchants to provide payment convenience. The big question for us is at what cost to the merchant.

]]> By: John (ColderICE) http://paymentsviews.com/2009/11/04/paypal-adaptive-accounts/comment-page-1/#comment-4374 John (ColderICE) Thu, 05 Nov 2009 16:08:02 +0000 http://paymentsviews.com/?p=2749#comment-4374 Paypal can promote and quote their positives better than I can, so I resign to my top 3 concerns about this. #1) Greed and fraud - easier cash transfer increases the ability for fraud by bad people. This could hamper Paypal because there will be attempt to use applications to con monies in new fashions. #2) Regulation - America has just been through (and is still going through) a very bad time with bank corruption. Regulation of money institutions are going to be a concern. While Pp has flown under the radar, too much exposure could wake up the sleeping GIANT of government regulation. #3) Baggage - Contrary to what Paypal may feel or think…they are NOT a new brand. This brand of Paypal has a LOT of baggage. I do not think one person on the web (with a Paypal account) has not received at least ONE fake Paypal email?!? With that comes some natural push back for this plan of world domination. Some people just don’t trust the company and possibly never will. So that is my 2 cents…I did not charge, so you can not get your money back :-) John (ColderICE) http://www.ColderICE.com http://www.Facebook.com/ColderICE Paypal can promote and quote their positives better than I can, so I resign to my top 3 concerns about this.

#1) Greed and fraud – easier cash transfer increases the ability for fraud by bad people. This could hamper Paypal because there will be attempt to use applications to con monies in new fashions.

#2) Regulation – America has just been through (and is still going through) a very bad time with bank corruption. Regulation of money institutions are going to be a concern. While Pp has flown under the radar, too much exposure could wake up the sleeping GIANT of government regulation.

#3) Baggage – Contrary to what Paypal may feel or think…they are NOT a new brand. This brand of Paypal has a LOT of baggage. I do not think one person on the web (with a Paypal account) has not received at least ONE fake Paypal email?!? With that comes some natural push back for this plan of world domination. Some people just don’t trust the company and possibly never will.

So that is my 2 cents…I did not charge, so you can not get your money back :-)

John (ColderICE)
http://www.ColderICE.com
http://www.Facebook.com/ColderICE

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