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Test0129
on Oct 27, 2022
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PayPal restores to its TOS $2,500 charge for any p...
Interesting. I'd imagine here most of the apps people use for that (Cash app, Zelle, etc) are just frontends for Paypal.
acchow
on Oct 27, 2022
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They are not. Cash was built using unlinked refunds over visa to do direct deposit onto visa debit cards. For ACH, it uses normal ACH rails.
Zelle…was built by the big banks…
formerly_proven
on Oct 27, 2022
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> Cash was built using unlinked refunds over visa to do direct deposit onto visa
That sorta sounds like violating visa tos?
acchow
on Oct 27, 2022
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Nah, they just used a hack before working directly with visa to create a standard for this
_ktx2
on Oct 28, 2022
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Zelle is absolutely bad, imo. It's like an incomplete Paypal but with a $3.5k transaction limit.
pie_flavor
on Oct 27, 2022
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Zelle is a direct bank transfer system.
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