>>Just took a peek at PayPal.com. Cool stuff. They're going to make a TON on overnight interest! *g*
>
>Doug,
>FWIW - x.com is paypal's biggest competitor
Just reading over this thread - these services are indeed becoming quite popular at eBay, for example. Another one is called "Billpoint." However, there are a couple of problems associtated with these businesses that've been much discussed at eBay recently:
1) A *lot* of technical glitches.There's a link at eBay just full of complaints :)
2) Apparently none of these businesses are insured, like FDIC. If they go belly up, there's a good chance all money in their hands will be lost.
3) They are not easily available to most non-US or Canadian citizens yet.
That said, most of us agree that these services are the wave of the future...
The Anonymous Bureaucrat,
and frankly, quite content not to be
a member of either major US political party.