techcrunch.com— Noca, a startup founded by ex-Visa employees, is attempting to virtually eliminate transaction feeds by bypassing the credit card companies altogether with its own online payment service.
Jan 23, 2008View in Crawl 4
I don't like PayPal either (we've all heard the horror stories), but I'm not super keen on this either. From the article: "To make money, Noca will also attempt to leverage its user data to target them with tailored advertising and product deals."Making your entire purchase history transparent to any and all marketing partners isn't an attractive option for many consumers. _
This seemed doomed to fail, atleast on a global scale. There is no way in hell they will make every bank in the world remove their fees on transactions, and paying by spam doesn't really seem like a solid business idea.Don't get me wrong, I wish them all the best, and hope they succeed, but it will be an uphill battle.
understudyJan 24, 2008
I don't like PayPal either (we've all heard the horror stories), but I'm not super keen on this either. From the article: "To make money, Noca will also attempt to leverage its user data to target them with tailored advertising and product deals."Making your entire purchase history transparent to any and all marketing partners isn't an attractive option for many consumers. _
revmarkJan 24, 2008
I love marketing. Everybody claims to have an iPod killer. Yeah right!
chucaraJan 24, 2008
This seemed doomed to fail, atleast on a global scale. There is no way in hell they will make every bank in the world remove their fees on transactions, and paying by spam doesn't really seem like a solid business idea.Don't get me wrong, I wish them all the best, and hope they succeed, but it will be an uphill battle.
ad33lshahidJan 27, 2008
actually paypal takes money even if you do a bank to bank transfer. try it for yourself.
Closed AccountFeb 8, 2008
But then something will become bigger than ebay!
beatafolkMay 27, 2008
paypal is OK<a class="user" href="http://casinoping.com/">http://casinoping.com/</a>
simigenJun 9, 2008
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