PayPal Completes Online Payments Domination: Accepts Credit Cards

In a blog post largely unnoticed, PayPal announced that ‘Guest Payments’ are now live:

Guest Payments allows developers to collect credit card payments without requiring their customers to open a PayPal account, eliminating the complications merchants, developers and startups face in accepting credit cards.

Guest Payments are now part of its Adaptive Payments API and have been a much requested feature. Any app developer can now let users pay using their credit card, irrespective of whether the user has a PayPal account. This opens up the platform to virtually everyone as a buyer.PayPal

At the same time, Facebook – who partnered with PayPal for ads and credits – has started accepting PayPal for ad payments.

With the backing of an almost 500 million user social network and an ability to accept payments from users without an account, PayPal has further cemented its domination over the online payments space.

MasterCard and Visa are struggling to make some headway, but they may be too late to the party.

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  • Nice catch, Mahendra!

  • Anonymous

    Draft Media Release

    “It is with very great sadness that eBay’s Chief Headless Turkey, John Donahoe (aka “Peter Principle”—among many other derogatory terms), announces the probable demise of eBay’s most ugly daughter, PayPal. PayPal is about to be stricken by particularly virulent strains of Visa+CyberSource and Mastercard open platform, aggravated by an insurmountable lack of direct financial institutions participation and a great deal of PayPal user/merchant dissatisfaction, particularly with respect to PayPal’s grossly unfair, “all responsibility avoiding” UA, primitive risk management processes, and totally unprofessional, buyer-biased, fraud-facilitating, transactions mediation.

    “PayPal’s health may therefore be expected to deteriorate and, if ultimately not completely incapacitated, will most likely be eventually confined to its mandatory offering on what little there will be by then left of the Donahoe-devastated eBay marketplaces. There is no cure for this condition, and the “eBafia Don” is particularly saddened by the inevitable presumption that it is unlikely that PayPal will be able to continue to underpin eBay’s sagging bottom line in the future.”

    Also, in Australia, unlike all other payments processors operating here, PayPal has declined to sign up to the payments processors’ “Code of Conduct”. Users beware!

    A detailed examination of and prognosis for PayPal (including a further link to the “PayPal Nightmare Tour”) at