News PayPal to launch credit card in the UK

Discussion in 'Article Discussion' started by WilHarris, 13 Apr 2006.

  1. WilHarris

    WilHarris Just another nobody Moderator

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  2. yahooadam

    yahooadam <span style="color:#f00;font-weight:bold">Ultra cs

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    and after the 0% for 6 months period ?

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

    Lazlow I have a dremel.

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

    The cheapskate One custom title before Matty

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    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.....
     
  5. ArtificialHero

    ArtificialHero We were just punking him sir!

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    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
     
  6. Guest-2867

    Guest-2867 Guest

    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.
     
  7. monkeyville

    monkeyville Evilish Monkey ++;

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    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.
     
  8. JonDixon

    JonDixon Decking is the new modding

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    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
     
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