Power Sellers Unite

elgato · Joined: 24 Feb 2005 Posts: 16923 Location: Texas

Facebook is coming after eBay's (EBAY) PayPal and Google Checkout and it's hiring-up to do it.

The guy who used to run Google Checkout, Prashant Fuloria, left Google (GOOG) after six years last month and now works for Facebook. He is responsible for the "Pay With Facebook" product, reports Inside Facebook.

Though Mark Zuckerberg has only suggested it's a long-term goal, it's looking more like "Pay WIth Facebook" will compete not just with the for-social-networks-only payment systems from startups Zong, Boku, Social Gold and Slide, but also with the Web-wide biggies PayPal, Amazon and Google Checkout.

We have two main reasons Facebook stands a better than fighting chance against those established players:

Facebook Connect's success with publishers. Small and large publishers alike tell us allowing users to login to their sites through Facebook Connect has wildly increased user-interaction. Some Web publishers have told us user registrations and comments multiplied almost immediately. Facebook Connect proves that when users are offered a one-click alternative to a series of forms to fill out, they'll take it. "Pay With Facebook" would offer this same alternative at e-commerce sites.
more.. link to news article

DaLizardsLair · Joined: 15 Feb 2009 Posts: 4782

Like we really need one more payment method.

I'm not making use of Facebook. I wouldn't even know where to start. I also don't have a MySpace page, nor do I Tweet.

gtautomobilia · Joined: 25 Aug 2008 Posts: 65

If it became the defacto standard where that's how people wanted to pay, why wouldn't you accept it?

I'll take money anyway people want to give it to me.

mojavelyn · Posted: Fri Jul 03, 2009 11:03 am Post subject:

Competition. will pull PP into alignment more. And I tweet, facebook, plaxo, plumdrop. The honey moon of my gameplaying is about over at facebook ...

DaLizardsLair · Joined: 15 Feb 2009 Posts: 4782

gtautomobilia wrote (View Post): › docWrite("quote")If it became the defacto standard where that's how people wanted to pay, why wouldn't you accept it?

I'll take money anyway people want to give it to me.

I ran a B&M retail store for over 28 years and didn't accept personal checks, even though that was the rage for many years. In fact, I didn't accept credit cards for over 20 years. It was cash only.

I also didn't have to chase down those who wrote checks on empty accounts or attend criminal trials.

That's the beauty of having your own business...YOU get to decide what forms of payment you'll accept. I don't accept GCO or RME, yet lots of others do.

DaLizardsLair · Joined: 15 Feb 2009 Posts: 4782

mojavelyn wrote (View Post): › docWrite("quote")Competition. will pull PP into alignment more. And I tweet, facebook, plaxo, plumdrop. The honey moon of my gameplaying is about over at facebook ...

Competition will pull PP into alignment more?

GCO recently adopted PPs fee structure.

Who's pulling who?

joflora · Joined: 08 Aug 2006 Posts: 1760

I'll take money anyway people want to give it to me.

Well I'm not accepting live chickens! lolol

CabinFever · Posted: Sat Jul 04, 2009 10:41 am Post subject:

LOL...Jo... I would accept live chickens! In fact, I do a lot of trading of services or items. That is how I did a great Christmas this past year in spite of being out of work for over a year.

And DLL... just sold 8 airbrushed custom ordered t-shirts because of Facebook. Not that I am saying use it...just telling you that it has been working for me. I use it mainly for business connections though, and my friends just have to deal with all the business stuff on there.

Mo - that is funny. Never really got into the games and only do one here and there.

Will be interesting to see FB get into this arena. Not sure what to think of it.

joflora · Joined: 08 Aug 2006 Posts: 1760

Ok, if someone wants to trade live chickens, I'm sending them to you!

gtautomobilia · Joined: 25 Aug 2008 Posts: 65

DaLizardsLair wrote (View Post): › docWrite("quote")
I ran a B&M retail store for over 28 years and didn't accept personal checks, even though that was the rage for many years. In fact, I didn't accept credit cards for over 20 years. It was cash only.

I also didn't have to chase down those who wrote checks on empty accounts or attend criminal trials.

That's the beauty of having your own business...YOU get to decide what forms of payment you'll accept. I don't accept GCO or RME, yet lots of others do.

That is true, if you don't want to take cheques, credit cards, GCO, RME or any other type of payment, you don't have to. Those people who want to use those services will spend thier money elsewhere.

People seem to make out that 100% of the people try to screw over every business, which doesn't seem to hold true. 10 years of selling on the internet and I can count on on hand how many times I've been messed with. Even after tens of thousands of transactions it amounts to fractions of a penny per transaction I have lost.

There are still many businesses that deal in cash only locally here. A lot of businesses like just cash...there is no record of the transaction.

gtautomobilia · Joined: 25 Aug 2008 Posts: 65

joflora wrote (View Post): › docWrite("quote")I'll take money anyway people want to give it to me.

Well I'm not accepting live chickens! lolol

Have you seen the price of chicken breasts?!?! :)

mojavelyn · Posted: Sat Jul 04, 2009 1:15 pm Post subject:

Or even the price of chicken? for a scrawny little thing too.

joflora · Joined: 08 Aug 2006 Posts: 1760

Ok, I'll take boneless chicken breasts in trade...but NO LIVE ONES.

I'm not skinnin' chickens and you can't make me. So there.

ROFLMAO

Jo

mojavelyn · Posted: Sat Jul 04, 2009 1:33 pm Post subject:

skinning? first ya gotta pluck em!

joflora · Joined: 08 Aug 2006 Posts: 1760

NO PLUCKING FROM ME!!!!