Submitted 2 months ago by Snapz@lemmy.world to technology@lemmy.world
https://brandsownedby.com/what-companies-does-paypal-own/
“Heavily integrated into eBay” except it isnt any more.
Firstly the article is a year and a half old but although you can still use PayPal on eBay to say it is heavily integrated is bullshit. EBay started moving away from PayPal years ago and at this point have integrated their own systems linking to your bank account to take the place of what they used to use PayPal for.
PayPal was acquired by Ebay for 1.5 billion in stock. Group that benefitted from that transactionmost already included musk, thiel, etc. They are intrinsically tired together forever. You also see PayPal as an option for all transactions in eBay, the very recent addition of alternative options, after decades of socializing people on PayPal as the default option doesn’t change much.
Imagine your side of this “argument” being the hill someone dies on… I sure hope you’re a bot, because otherwise you seem a pretty sad, confused human
You mention that PayPal was bought by eBay (in 2002) but not that it was spun off again in 2015. They’re separate companies. If anything, Venmo is a competitor of PayPal.
This site provides absolutely no evidence of any of its claims and even includes the following little gem in the FAQ section on that page:
Is PayPal Safe?
Yes, all Paypal transactions are encrypted. Plus, it has two-factor authentication and fraud protection.
Safe for its customers, or safe for PayPal?
The site was a quick roundup of info to link to. Post isn’t an endorsement of the site and doesn’t try to be, it’s an endorsement of the broader idea. I didn’t say to eat a bowl of horseshit and smile about it, I said PayPal owns Venmo and the implication is that a lot of decent people will stop using Paypal in protest and say, “I’ll just use Venmo instead”.
So helping some of the younger folks realize that separation doesn’t exist in many large brands - a thing that a lot of us do know and consider, but don’t be so arrogant as to assume people aren’t learning these things every day.
Zelle is separate right?
From wikipedia
Zelle (/zɛl/) is a United States–based digital payments network run by a private financial services company owned by the banks Bank of America, Truist, Capital One, JPMorgan Chase, PNC Bank, U.S. Bank, and Wells Fargo.
So PayPal does not seem to own an interest in Zelle, but the group of owners isn’t necessarily better than PayPal.
It’s capital all the way down, man.
A group of different bad people behind Zelle. But maybe enough to stop supporting those few South African ghouls working to role America and then the would beyond. You’ll need to decide where your line is, but deleting PayPal account and uninstalling their apps is a start. Maybe you go to Zelle and use that while you research if there is something decent somewhere.
Maybe it means going back to small credit unions? paper checks? Direct bank transfers with friends/family? Not sure what best alternatives is currently. Banking in general is just not really ever going to contain good people - maybe if we allow personal banking at the post office one day - but that’s a pipe dream as fascists are denying judges rulings and releasing January 6 criminals who tased a cop in the neck and admitted to it under oath.
Maybe one of these options are good?
alternativeto.net/software/paypal/
alternativeto.net/software/venmo/
While we’re at it:
Looking through Amazon alternatives… they all suck so far. Though this Etsy alternative looks interesting:
Never saw a .coop before. Unfortunately chicken.coop is reserved :(
Idk much aboabout it, but what about DecentraShop?
Any alternatives to PayPal?
Depends on which function you want to replace?
what did PayPal do?
It’s an early specimen of “unregulated bank”, founded in part by Trump buddy Peter Thiel and merged with Elon Musk’s X.com in 2000.
They have a history of locking accounts under false pretenses and seizing the money. It’s screwed over many a Kickstarter and Indiegogo. Early in Minecraft history, Notch lost access to over half a million dollars. They’ve failed to pay rewards in their software bug bounty program.
Braintree, Honey, Paydiant, Tradera, Xoom, and Zettle all owned by PayPal.
Not the modern X.com to be clear; Musk just has a weird fetish for the letter X like an edgy teenager.
right. I just thought they’d made the news today or something.
Oh boy… Look up peter thiel, elon musk and david sacks to start - three stains on humanity working very actively to end it as we speak. They were the basin founding faces of PayPal (I mean, I think musk came on after the fact or was pushed out early or something, continuing the trend of him never actually creating anything). Currently they are alll very active in the trump admin - two with officially appointed positions, one in the shadows. Vance is also created by thiel. Look up that “Dark Gothic maga” video (musk’s stupid name) that’s been shared often recently.
Then separately, PayPal owns Honey, and it turns out has been scamming millions, maybe billions away from online creators for years, probably some of your favorites included in that list. Active lawsuit ongoing - look up legal eagle’s video maybe as a start.
All these billionaire fucks made their fortunes through Paypal and still likely hold stock and maybe board positions, can’t recall?
Hear, hear. It fucking sucks that we created these monsters. At least I did, for simply wanting to use eBay.
Also you need to invest in alternatives
With iOS app of paypal, you are forcefully giving honey as well, luckily, you can disable the safari plugin
kitnaht@lemmy.world 2 months ago
You literally cannot escape these companies, they own everything. Every brand of every everything, and you’ve got a large corporation in there somewhere in the shadows. That’s why they tell you to separate the art from the artist, because it’s been made impossible to boycott anything.
Imgonnatrythis@sh.itjust.works 2 months ago
Really? Maybe true for things like Nestlé but I don’t use any of these services directly and it hasn’t been difficult.
CosmoNova@lemmy.world 2 months ago
Chances are you‘re using AWS by Amazon daily and likely use an Apple or Google phone too. I personally don‘t think Paypal is worse than those. It‘s sheer impossible to escape them without ditching the Internet altogether.
tja@sh.itjust.works 2 months ago
Nestlé is easy. I didn’t know the last time I bought something from them.
brickfrog@lemmy.dbzer0.com 2 months ago
Disagree, haven’t touched Paypal or anything related to Paypal in years without issue.
sugar_in_your_tea@sh.itjust.works 2 months ago
Eh, I don’t even care who owns PayPal, I avoid it because it’s annoying. Zelle is less annoying because it’s through my bank, but I honestly just want regular ACH.
FlowVoid@lemmy.world 2 months ago
I can easily avoid every company owned by PayPal.
ohshit604@sh.itjust.works 2 months ago
I wish I could say the same, I use PayPal very frequently because my credit union doesn’t support debit-visa. With PayPal I can make payments with my bank online rather than use my cc.
Appoxo@lemmy.dbzer0.com 2 months ago
And use what? Mastercard? Visa? Your local bank institute?
All are deep into shit of gambling our money (financial speculation) for profit.
RisingSwell@lemmy.dbzer0.com 2 months ago
I work in a servo/convenience store and about 3/4 of our drink fridges (all 10 or so doors worth) are the same 4 brands. Probably most of the store is covered under like 7 brands.
Coke, Pepsi, Schweppes, Nestle, Unilever and there goes almost everything edible and drinkable that isn’t fresh.
kitnaht@lemmy.world 2 months ago
Now here’s the scrubber of this all – If you REALLY want to be serious – Go to a farmers market.
Oh wait, almost every fucking farmer is a Trump supporter…
Snapz@lemmy.world 2 months ago
Who are “they” and who says that that is valid advice?
“Separate the artist…” is fairly accepted by any decent people I know as a way for selfish people to forgive themselves the burden of minor personal sacrifices related to their own consumer activities. The long form is literally, “Yes, Michael Jackson did horrible things to that little boy’s butthole, Woody Allen molested his daughter and married his adopted child and Bill Cosby drugged and raped women for decades, but let’s go buy their movie/album!” - you likely wouldn’t say the long form through, would you? You would hide and obfuscate behind, “sepatate the artist…” So you don’t have to say the bad things out loud.
Nobody with any integrity buys into “separate the artist…”
Also, to your point about this post, again it’s a similarly lazy way to forgive yourself the burden of trying to stay aware of these things and making little changes to how you vote with your wallet. You can absolutely do something like go shop at Costco this week instead of target - as one performatively eliminated diversity programs at their company while one preserved them as a stand. That’s where your opinion falls apart because yes, you can likely find something to hate Costco as well (because they are all garbage companies, but there are shades, they aren’t all equal. You have to participate to function, but you can do the slightest amount of work to shop more consciously. But that is the work you are trying to forgive yourself of.
The point isn’t perfection, but to do enough for this week and try again next week. Before you know it, you’re shopping more consciously wherever you go.
kitnaht@lemmy.world 2 months ago
Separate the Art from the Artist is accepted by SANE people, who don’t have time to milk tirades so that they can play victim on the internet so that strangers think they are virtuous.
stringere@sh.itjust.works 2 months ago
I just finished removing all my payment methods from paypal and have to wait for a transaction to complete before I can delete the account entirely. Took less than 15 minutes.