I'm honestly surprised Paypal is still in business. Everybody hates Paypal. | Hacker News

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		encom on Sept 14, 2020 \| parent \| context \| favorite \| on: I lost €4k in a Facebook scam I'm honestly surprised Paypal is still in business. Everybody hates Paypal.

tgsovlerkhgsel on Sept 14, 2020 [–]

The power of network effect.

You can't afford to not accept PayPal because all the buyers have it, and all the buyers have it because you can pay with it everywhere.

An alternative network would have a hard time getting users to sign up.

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