Hacker News new | past | comments | ask | show | jobs | submit login

Maybe I'm a little old fashioned here but I don't trust all those new private payment processors (including paypal) with any significant amount of money.

I'm usually fine with using the services for < $200 but above that I'm using wire transfer (within the EU) or checks. Yes, it takes longer (and in case of checks costs me ~40 EUR to cash in) but at least I know that the entities handling the transfer are registered banks and have refined their procedures over decades.

I happily pay the extra charges or wait a few days longer for minimizing the danger of getting into a kafkaesque verification loop comedy - or worse.




"have refined their procedures over decades"

Yet it also (still) "takes longer"???


Yes, it's not optimal. But still I feel more secure with banks than with the next hot startup payment processor.




Guidelines | FAQ | Lists | API | Security | Legal | Apply to YC | Contact

Search: