Quote:
Originally posted by Jayson
The competitors like Firepay are no where near what PayPal is or was. There are a lot of limits on the use of credit cards to fund accounts which is essentially the risky part both due to the costs involved and the chargeback issues.
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Even so, how does a site like Firepay even get a chance at operating something similar to Paypal when even Paypal (as large as it is) is frowned upon by the credit card companies. Why wouldn't Visa and Mastercard just say, nope, we're not going to allow any more Paypal type sites to operate.
It's not like I plan to open up a new Paypal operation. I'm just curious as fuck to know how it's done. The shit intrigues the fuck out of me.