![](https://bitcointalk.org/Themes/custom1/images/post/xx.gif) |
May 29, 2013, 11:08:53 PM Last edit: May 29, 2013, 11:19:23 PM by PhilipCohen |
|
Both of these two are middlemen that ride precariously on the back of the world’s retail banks’ direct debiting/crediting system via their own licensed retail bankers, in the case of PreyPal, via the infamous Wells Fargo Bank, in the case of Dwolla, via the Veridian Credit Union; neither has any “system” of their own; indeed, neither is a “bank” and if either fail, neither has any guarantee or FDIC insurance or statutory protections for payers’ funds. Dwolla is undoubtedly likely to be marginally safer because it is not involved with eBay Inc., demonstrably the greatest calculated facilitator of wire fraud on consumers that the world is ever likely to know ... http://[Suspicious link removed]/11F2eas
And then there is the ugly reality for consumers, particularly smaller payees, dealing with the clunky, unscrupulous PreyPal ... http://[Suspicious link removed]/UVXx53
Regardless, hello "MasterPass", goodbye clunky PreyPal—it has not been nice knowing you ...
|