| ||Ask HN: Why does Paypal still exist?|
49 points by netham91 29 days ago | hide | past | web | favorite | 42 comments |
|They nearly charge 5% of the transaction on an average. Sometimes it's more than the wire transfer charges. There has been always this promise of low cost international transactions but no one seems to dethrone Paypal (or is it just my bias? ).|
Extra: What goes into building a international payments service like Paypal?
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