PayPal to launch credit card in the UK - bit-tech.net Forums

WilHarris · 13th Apr 2006, 17:05

http://www.bit-tech.net/news/2006/04...redit_card_uk/

yahooadam · 13th Apr 2006, 19:50

and after the 0% for 6 months period ?

then do you get charged 4% on every purchase ....

Lazlow · 13th Apr 2006, 19:59

I wonder if there's going to be one in Nigeria...

The cheapskate · 13th Apr 2006, 22:43

not a chance in hell....

They should keep to what they do best, and leave the credit card market to people you would actualy trust with your cash, such as your bank.....

ArtificialHero · 14th Apr 2006, 00:53

This sucks. I like the paypal mobile idea though - just for the notion that you can pay anyone, anywhere. Like they said on diggnation though, it's gonna make gambling soooo tempting; just too easy to pay people if you lose!

AH

dire_wolf · 16th Apr 2006, 23:28

Personally I wouldn't bother with a paypal credit card, but I would like to see a paypal debit card, where the money comes from your paypal account.

monkeyville · 17th Apr 2006, 00:12

Quote:

Originally Posted by dire_wolf

Personally I wouldn't bother with a paypal credit card, but I would like to see a paypal debit card, where the money comes from your paypal account.

Yeah rather than spend the last £5 in my account on some cheap crap on ebay i could buy a small round or use it to buy something i really need.

JonDixon · 19th Apr 2006, 08:55

They get to trade on their brand name in entering the credit card business. If they could tie it to normal paypal accounts then they would have a winner.

Its a pretty astute business move by them. By releasing a credit card and then if they plan to sell on ('securitisation') the debt to another party they can quickly raise a lot of capital.

Does this mean we will see PayPal Loans?, Home & Car Insurance? - we will see

13th Apr 2006, 17:05	#1
WilHarris Just another nobody Join Date: Jun 2001 Location: Oxford Posts: 2,671	PayPal to launch credit card in the UK http://www.bit-tech.net/news/2006/04...redit_card_uk/

13th Apr 2006, 19:59	#3
Lazlow I have a dremel. Join Date: Aug 2003 Location: Lincoln, UK Posts: 1,464	I wonder if there's going to be one in Nigeria... __________________ Logs: Red Nineteen\|Pink PC Links: slickhouse.com\|Free file upload

14th Apr 2006, 00:53	#5
ArtificialHero We were just punking him sir! Join Date: May 2004 Location: Christchurch, New Zealand Posts: 2,215	This sucks. I like the paypal mobile idea though - just for the notion that you can pay anyone, anywhere. Like they said on diggnation though, it's gonna make gambling soooo tempting; just too easy to pay people if you lose! AH __________________ MySpace: Forget the Script XBL: Pro Emolution

16th Apr 2006, 23:28	#6
dire_wolf Revelation Machine Join Date: Jul 2002 Location: UK Posts: 2,112	Personally I wouldn't bother with a paypal credit card, but I would like to see a paypal debit card, where the money comes from your paypal account. __________________ Marching Into History, Marching Into War, Marching Into History To Function As A Whore "Don't Fear Citizens! TAD KNOWS HIS RAID!"

19th Apr 2006, 08:55	#8
JonDixon Decking is the new modding Join Date: Mar 2002 Location: In The Night Garden Posts: 695	They get to trade on their brand name in entering the credit card business. If they could tie it to normal paypal accounts then they would have a winner. Its a pretty astute business move by them. By releasing a credit card and then if they plan to sell on ('securitisation') the debt to another party they can quickly raise a lot of capital. Does this mean we will see PayPal Loans?, Home & Car Insurance? - we will see __________________ Jump in, we'll take you for a spin, and show you round the Wheelie World Rizeon S97V-GT - Awesome Gaming Laptop

13th Apr 2006, 19:50	#2
yahooadam Ultra csavarkulcs Banned Join Date: Mar 2006 Location: UK Posts: 1,323	and after the 0% for 6 months period ? then do you get charged 4% on every purchase ....

13th Apr 2006, 22:43	#4
The cheapskate One custom title before Matty Join Date: Oct 2004 Location: Near liverpool Posts: 885	not a chance in hell.... They should keep to what they do best, and leave the credit card market to people you would actualy trust with your cash, such as your bank.....