While eBay (EBAY) reports another strong quarter for PayPal, David Pogue reports Square, whose...

While eBay (EBAY) reports another strong quarter for PayPal, David Pogue reports Square, whose mobile card readers have become wildly popular, has convinced 75K merchants to support an app-based payments solution called Pay With Square. PWS allows a user to pay for an item by opening a tab using a phone app, and then simply stating his/her name to a cashier using the Square Register iPad app. PayPal has announced something similar, but it's still in the early stages, and is aimed at larger businesses. (card.io)
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  • Philip Cohen
    , contributor
    Comments (1537) | Send Message
    And from an observer of the clunky PreyPal on eBay’s own forums:


    “I just ordered an item [online] from Buy.com. When I completed the “fill in the blanks” stuff, I had a choice of payment. There was the usual charge card form and then three offerings with logos:


    Pay by Visa V.me
    Pay by Google Checkout
    Pay by PayPal


    “Funny, isn't it, which one was last. I thought there was some kind of arrangement between eBay and buy.com, a platinum-like anchor store on eBay.”


    Even funnier is which one Buy put at the top of the list; major online retailers apparently are smart enough to distinguish the wheat from the chaff, after all. But, the real question is, now that Visa’s online digital wallet, V.me, is available (MasterCard’s offering still on the way), how much longer will that PreyPal logo continue to appear at all? Any one want to take bets on a time frame?


    And as for PreyPal at physical point-of-sale, starting at Home Depot, next time you drop into Home Depot, ask the cashier how PreyPal "mobile" is going—LOL.


    Goodbye clunky PreyPal, it has not been nice knowing you …


    eBay / PayPal / Donahoe: Dead Men Walking
    18 Jul 2012, 07:39 PM Reply Like
  • marilyn61
    , contributor
    Comments (173) | Send Message
    I agree with Philip Cohen. Without a major overhaul paypal does not have a bright future. It's attempts to diversify are understandable but whether they will be successful...............
    19 Jul 2012, 03:36 AM Reply Like
  • Philip Cohen
    , contributor
    Comments (1537) | Send Message
    Not even a major overhaul will save the clunky PreyPal from ultimately being chewed up and spat out by Visa / MasterCard ...


    PreyPal will ultimately get to atrophy along with eBafia on the ever atrophying eBafia marketplace ...


    eBay / PayPal / Donahoe: Dead Men Walking
    19 Jul 2012, 06:42 AM Reply Like
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